©EDGEWOOD PARTNERS INSURANCE CENTER | CA LICENSE 0B29370 1©EDGEWOOD PARTNERS INSURANCE CENTER | CA LICENSE 0B29370
INSURANCE BROKERAGE & RISK MANAGEMENT SERVICES
Psychoanalyst Professional Liability Program
©EDGEWOOD PARTNERS INSURANCE CENTER | CA LICENSE 0B29370
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EPIC is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a “Best Place to Work” in multiple regions and as a “Best Place to Work in the Insurance Industry” nationally. Backed by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.
For additional information, please visit www.epicbrokers.com.
ABOUT EPIC
http://www.epicbrokers.com/
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ABOUT PSYCHANALYST PROGRAM
• Longest Running & Largest Medical Malpractice MGA Program of its kind (over 40 years)
• We are a Managing General Agent (MGA)• Program hosts over 1,500 clients within the unit• Our unit has 3 dedicated, long-term, and experienced employees• Endorsed by the following trade associations for psychoanalysts
- American Psychoanalytic Association (APsaA)- American Society of Psychoanalytic Physicians (ASPP)- American Academy of Psychodynamic Psychiatry and
Psychoanalysis (AAPDPP)• Enrollment now open to all psychoanalysts & psychoanalysts in
training including psychologists, social workers, psychiatrists, and other mental health professionals
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PROGRAM HIGHLIGHTS
Additional Coverages• Coverage for psychoanalysis, psychotherapy, and psychiatric services• Policy written on an occurrence basis – no need for tail coverage• Defense costs outside policy limit• Coverage for telemedicine• Premises liability• No deductible• No exclusion for sexual misconduct• Administrative Hearing coverage with option for higher limits• Coverage for Billing E&O (Pending in AZ, CO, and FL)• HIPAA Defense Coverage (Pending in AZ,CO, and FL)
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OUR DIFFERENTIATORS
MARKET ACCESS INDUSTRY SPECIALIZATION EXPERT CLAIMS MANAGEMENT
Our program comprises a unique design of available
coverages at a highly competitive price point.
Psych Program has been around since 1972. We have established our
impeccable reputation due to our commitment to
our clients. Professional, efficient and rapid
response time. Customer service team comprised of highly trained individuals dedicated to servicing
clients need.
Experienced team of claims professionals with expertise in
tackling the most complicated and diverse
coverage scenarios. Team of claims attorneys work as the client’s advocate in every step of the claims process.
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MARKET ACCESS
The EPIC Psych Unit is the largest Program of its kind. The program has been in existence for over 47 years.
As Managing General Agents we:
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Deal directly with consumer as underwriters. This reduces cost and increases response time.
Have acquired a heightened level of expertise that enables us to identify exposures ensuring our clients are insured properly.
Hold significant leverage with the insurance companies due to our size and volume.
Enhanced data analytics and tech-driven processes enable us to deliver our products and services in a more efficient, yet cost-effective manner.
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INDUSTRY SPECIALIZATION
• The Psych Division houses three dedicated employees specifically trained and well-versed in the many diverse exposures experienced in the mental health care industry.
• We pride ourselves on being proactive, not reactive. Our clients come first – and they know it and feel it in our dealings with them each and every day.
• Processes and workflows in place ensure that the clients needs are met in a timely and efficient manner.
• Technology and data driven analytics speed the underwriting and quotation processes.
• Customer additional services i.e. claims and risk management, are coordinated with direct account executives to ensure transparency and enhanced response time.
• Senior management oversight and involvement in all aspects of client management and engagement ensures 100% customer satisfaction.
The Psych Service Platform is built on the sole premise that the customer always comes first.
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EXPERT CLAIMS MANAGEMENT
• Claims Professionals: Dedicated experts in Professional Liability/ Medical Malpractice
- Proactive NOT reactive- Your liaison and advocate with the insurance carriers- Aggressive in terms of obtaining coverage positions and settlement and
adjudication of open claims
• Claim Advocacy: Negotiation with carrier on reservation of rights or coverage denials
• Claim Review/Audits: Regularly scheduled reviews of reserve accuracy, proper investigation, litigation management and subrogation
• Special Claim Handling Instructions: To maximize efficiency and quality, we customize the approach to claims handling with the carrier
• Trend Analysis: Track and monitor any trends in terms of claims i.e. size, causes, coverage issues, etc.
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WHY CHOOSE PSYCH
Risk Management & AvailabilityOne on one phone consultation to help with claims/liability
Partnering with a Top 10 National BrokerBy joining the EPIC family we have endless resources to offer our clients and no geographic boundaries
Our Service PlatformExclusive program tailored to fit many diverse exposures
that exist in the world of mental health, expert claims services as well as risk management services
Advantages of Working With an MGA
Exclusivity, quicker turnaround time
to placement, better broader coverage terms
and more competitive prices
Industry ExpertiseA team well-versed in mental
health care, holding unique expertise in insurance
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THANK YOU FOR YOUR TIME
Kenneth C. Hegel JrExecutive Vice President
Cosmetic Insurance Services, Psych, & Lawyers Professional Liability Programs210 Hudson Street, Suite 601
Jersey City, NJ 07311(201)356-0057
mailto:[email protected]?subject=Pscyhoanalyst%20Program%20Deck
INSURANCE BROKERAGE & RISK MANAGEMENT SERVICESSlide Number 2ABOUT PSYCHANALYST PROGRAMPROGRAM HIGHLIGHTSOUR DIFFERENTIATORSMARKET ACCESSINDUSTRY SPECIALIZATIONEXPERT CLAIMS MANAGEMENTWHY CHOOSE PSYCHTHANK YOU FOR YOUR TIME