Medical Mutual introduces new occurrence policy form in Massachusetts
When Medical Mutual first began writing medmal insurance in Massachusetts in 2012, it was to serve existing clients from Northern New England that had satellite operations in the Bay State. In an effort to grow its physician and independent practice business in Massachusetts, the Company recently introduced a new occurrence policy form to meet the specific needs of the physicians and practices there.
In launching its new occurrence policy form for Massachusetts, the Company launched a digital marketing campaign targeting, independent physicians, practices and insurance agents in the Bay State.
"Most providers in Massachusetts are covered by occurrence, as opposed to claims-made policies. So this new policy form makes it easy for providers to make a switch. And since other carriers have enacted significant rate increases in the last year, we believe this new offering, coupled with our history of rate stability and our excellent, New England-based customer service, makes for an attractive new option in the Massachusetts medmal market, said Shawn Anderson, MSB, President & CEO of Medical Mutual. "It's the right product at the right time," he said.
The Company launched a new digital marketing campaign targeting independent physicians, practices and insurance agents in late September to support the product launch.