Insurance

Our primary focus is professional malpractice liability coverage for solo physicians, physician groups, surgery centers, nursing homes and hospitals. Our agency is a strong advocate for the coverage needs of our clients. We want to be available to professionally maintain our clients’ accounts, and communicate the guidelines to ensure that all medical services performed are properly covered.

Health care professional liability, or medical malpractice, coverage is a vital part of all healthcare practices. Unlike other types of liability, professional liability risk programs vary greatly in the malpractice coverage they afford, and more importantly, the malpractice coverage they exclude. We know inadequate coverage can mean professional and financial ruin for our healthcare clients.

Fifth Avenue goes beyond just costs. We thoroughly consider such issues as risk management needs, premium financing, deductible or retention options, practice structure, availability of defense counsel, risk transfer options, and coverage breakpoints.

Fifth Avenue provides insurance and risk financing options for all types of health care risks. Our goal is to identify and analyze all of the risks and exposures that your company may face in order to protect the company’s bottom line. These services, coupled with the implementation of the risk financing techniques and insurance products, separate us from our competition in medical malpractice services. We do so much more than just quote business. Our experience and expertise within the healthcare industry allows us to service the insurance and risk management needs of a wide range of healthcare classes. In addition, our strong market relationships and networking provide us the ability to offer our clients the right competitive and comprehensive malpractice insurance coverages available within the marketplace.

Healthcare providers that work in high-risk environments or that have been hit with multiple lawsuits might not fit into the traditional malpractice insurance company’s pool of risk. In this event, it is about negotiations with nontraditional malpractice insurance companies to design a liability policy that meets those needs.

We place medical malpractice insurance policies for high-risk practitioners.

The high-risk medical malpractice market is rich with competitive insurance companies. This competitive marketplace helps to broaden professional medical malpractice insurance policy provisions and drive prices down. However, with this competitive malpractice insurance market comes an enormous amount of information to wade through and decipher.

We help define the risk, design the policy, and deal with the insurance companies on your behalf. Ensuring that you get the best policy with the best rates.

Self-Insured Malpractice Insurance plans are about control. It’s about retaining some of the risk to reduce your malpractice insurance costs, then deciding what to do with those savings. The method to moving from “first dollar/guaranteed cost” malpractice insurance policy to fully self-insured can be a daunting and treacherous task wrought with unnecessary costs and work. Fifth Avenue Liability Services keeps the malpractice insurance process simple on your end.

We help establish self-insured programs.

Types of Self-Insurance Programs:
  • Deductibles
  • Risk Retention Groups
  • Rent a Captive
  • Pure Captive
  • Group Captive
  • Association Captives
  • Offshore Captives
Services Include:
  • Captive Management
  • Application and Licensure (Domestic, Foreign, Multi-State)
  • Financial Management (Accounting, Reporting)
  • Regulatory Compliance (Tax Returns, Filings, Audits)
  • Policyholder Services
  • Underwriting
  • Billing
  • Policy Issuance
  • Marketing
  • Claims Handling
  • Risk Management Programs
  • Insurance and Reinsurance
  • Domestic
  • International

About Fifth Avenue’s
Liability Services

Fifth Avenue Liability Services is an independent malpractice insurance agency representing several major liability insurance carriers. Our independence allows us to focus our attention on the needs of our clients and which carrier or service is best suited to meet those malpractice insurance needs. Fifth Avenue Liability Service’s philosophy is that there is no one best carrier, product or service but that each has its own unique set of pros and cons. Uncovering these characteristics not only helps to identify how malpractice risks will be covered, but also where the malpractice insurance policy falls short.

Our clients range from sole practitioners to major hospitals. Whether it’s a nurse practitioner in need of individual malpractice coverage or a healthcare system in need of group malpractice coverage for physicians and hospitals, you will find a solution at Fifth Avenue Liability Services – the malpractice insurance specialists.

When you buy your malpractice insurance through Fifth Avenue, you will quickly discover that it is the Fifth Avenue people behind the company that truly makes the difference. You will find the staff licensed, knowledgeable and experienced in professional liability insurance for the healthcare community.

The Fifth Avenue Difference

Unbiased – Independent advice that focuses on your medical malpractice solution and not the bottom line. No quotas, no conflicts of interest, no outside influences.

Experienced – Specializing and having worked directly in the procurement of thousands of standard and unique medical professional liability coverage plans, Fifth Avenue has experienced it all.

Knowledgeable – The healthcare industry comes with some of the most unique and complex exposures known in liability insurance. Most physicians and practitioners who have malpractice insurance have never had experienced malpractice insurance experts dig into the many facets of professional healthcare liability insurance and had it properly explained. Understanding medical liability risks that are unique to the healthcare market is where we separate ourselves from the competition.

Resources – We have access to numerous insurance providers, from those designed for the individual standard solo healthcare provider, to those insurance carriers willing to think outside the box for the most unique medical liability risks. Our position in the market affords us the opportunity to be introduced to and catered by the most forward-thinking influences in medical professional liability insurance.

Fifth Avenue is a leader in professional medical malpractice insurance services and brokerage to the healthcare community.

  • Doctors
  • Hospitals
  • Surgeons
  • Surgery Centers
  • Medical Groups

Malpractice insurance and its related activities are time consuming, costly and complicated. We reduce costs and eliminate hassles by providing experienced staff, powerful carrier relationships and a thorough understanding of your medical practice.

  • Independent
  • Knowledgeable
  • Unbiased
  • Options

We can’t eliminate risk, but we can provide solutions to mitigate risk through a myriad of risk transfer options that to meet the simplest or the most complex malpractice insurance needs.

  • Traditional Insurance Brokerage
  • Deductible and Retention Programs
  • Self-Insurance

We encourage you to explore our website and learn more about why we are a leader in malpractice insurance services in the healthcare industry. Contact us today for your personalized malpractice insurance quote.

  • Medical Malpractice Insurance
  • Professional Liability Insurance
  • Broker