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.
“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)