9 min listen
Why Malpractice Insurance Policies Can Get Non-Renewed
Why Malpractice Insurance Policies Can Get Non-Renewed
ratings:
Length:
15 minutes
Released:
Apr 20, 2022
Format:
Podcast episode
Description
Receiving a letter of non-renewal from your malpractice insurance company can be incredibly stressful and frustrating. And often it comes out of nowhere. So why do malpractice policies get non-renewed? What factors does an underwriter consider when determining whether or not to keep a risk on the books? In today’s episode we’re going to give you the 6 reasons why a malpractice insurance policy may get non-renewed, what you can do to avoid it, and what steps you should take immediately after receiving a non-renewal notice so that you can ensure your coverage for the years to come. For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/why-do-malpractice-policies-get-non-renewed0:00 Intro1:25 What does the non-renewal process look like?3:55 Reason 1 - Claim activity5:54 Reason 2 - Increased risk exposure7:38 Reason 3 - Consistent late payment9:00 Reason 4 - Licensure issues or board action10:05 Reason 5 - Fraud10:50 Reason 6 - Carrier is exiting the market12:05 What to do after receiving a non-renewal notification13:49 Let Aegis help!**********Contact us!**********?? aegismalpractice.com? 888.51AEGIS [888.512.3447]**********Follow us on Social Media**********Facebook: https://www.facebook.com/AegisMalpractice/Twitter: https://twitter.com/AegisMedMalInstagram: https://www.instagram.com/aegismalpractice/0Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A?? Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com
Released:
Apr 20, 2022
Format:
Podcast episode
Titles in the series (100)
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