We offer our Physician policyholders claims made malpractice insurance, which provides coverage for all claims reported during the policy year, regardless of when the incident occurred. Prior Acts or “nose” coverage is included for our eligible insured Physicians, enabling them to avoid paying a “tail” to their previous carrier. We are pleased to offer excess [...]
The Premier Physicians Program is underwritten by one of the nation’s leading property and casualty insurers, which is part of one of the strongest and most stable insurance and financial services organizations in the world. Risks placed with a surplus lines insurer must be placed in accordance with state surplus lines laws. Surplus lines insurers [...]
LP3 will maintain a conservative investment strategy focused on long-term viability and fiscal integrity. The surplus lines carrier does not provide investment advice, counseling, or services of any kind. We understand the pressures faced by medical professionals; therefore, the Program’s Finance Committee, Claims Committee, and Underwriting Committee will be governed by a majority of Physician [...]
No Physician cares to think that he/she may need the expertise of our Claims personnel. However, when a claim is filed, Physicians want the best possible claims service. Because we recognize the emotional and professional consequences of a claim, we will help our Physicians remain informed and involved during all stages of their defense. Claims [...]
No one wishes to be involved in a lawsuit or claim. LP3 implemented a proactive risk management plan to help our Physicians practice safely. Protecting Physicians from the anxiety, distraction and pain of medical malpractice claims requires compassion, strength and professionalism, as well as the active involvement of the Physician insureds. LP3 helps our Physicians [...]
Highly selective underwriting criteria established by LP3 protect the interests of all Premier Physicians. Initially, the Program will insure only Louisiana physicians in Classes IV through VIII. We analyze a Physician’s claim history, geographic locality, years of experience, specialty and emerging trends affecting exposure in that specialty. Although our Program accepts only Physicians with favorable [...]
By insuring only Premier Physicians with exemplary claims histories, LP3 Physicians will be grouped in a risk pool that will enjoy a significant, statistical advantage over the general population of physicians. LP3 Premier Physicians will not subsidize physicians with poor claims experience as found in the general insurance pool. We will provide professional liability insurance [...]
In addition to expertise in risk management, quality assurance and claims handling, LP3 believes in an individualized approach to service. Our Physicians receive prompt and courteous attention from our agents, office personnel and experts. They experience live people offering personalized service. By building unique relationships with our Physicians, we can collectively attain our goals to [...]
