The Doctors Company: New Subsidiary

Recently The Doctors Company  (TDC) announced the creation of a new excess and surplus lines subsidiary— called TDC Specialty Underwriters, Inc.—to facilitate the expansion of its product and service offerings to a broader and changing array of healthcare industry insurance customers.

Available in over 40 states through TDC Specialty Insurance Company for non-admitted business and the soon to be renamed TDC National Assurance for admitted business.  Both of these companies share The Doctors Company’s A.M. Best Company A rating.

Leadership:

Paul Romano is streamlining this initiative as president of TDC Specialty Underwriters.

paulromano_tdc

“We’re putting together a very experienced team of leaders and senior underwriting and claims personnel to come at this exciting opportunity in a way that is credible and reliable to brokers and healthcare industry buyers. With the reputation and resources of The Doctors Company behind us, we feel we have a favorable combination of ingredients to win the confidence of customers in these newly targeted business segments.”
-Paul Romano

 

 

Direction:

Rob Francis, chief operating officer of The Doctors Company, explains “we are pleased to continue our commitment to providing a broad array of professional liability coverage to the healthcare industry through the establishment of this new subsidiary, We are investing meaningful resources in people and infrastructure to bring industry-leading products and services to this market.”

This isn’t the first time a company has tackled standard liability – but it’s the first time a company has created a separate division focused solely on expanding their capabilities and offering their products like TDC through this new subsidiary.

Here’s a glimpse of the coverage to look forward to in 2017 with the expansion of TDC’s new subsidiary:

  • Hospitals
  • Long-term care
  • Manage Care (ENO)
  • Products/ Clinical Companies
  • Management Liabilities
  • Directors and Officers (D&O)
  • Employment Practices Liability (EPL)

Click here to learn more about this developing story!