After more than 10 years of soft pricing with often unprofitable results, healthcare professional liability insurers and their reinsurers began increasing rates, reducing limits, and offering less attractive coverage terms. Many markets have left the business and those remaining have met with capacity issues that have left fewer, more expensive options. It is these times that call for innovative solutions and experienced, efficient market leaders.

Million Insurance Agency has over 25 years experience in providing healthcare providers with insurance solutions. We know what innovation is: we designed and wrote the first provider reinsurance policy in 1985. When every domestic insurer said that it could not be done, we went to London and crafted a policy that initiated an industry. Million Insurance along with Coveragerx, provides over 26,000 healthcare providers with professional liability insurance. We have the experience and ability to deliver exceptional results.

Today providers continue to take new courses of action to control over utilization of services and escalating costs of care. Managed healthcare providers may insure the financial losses arising out of their contractual obligations to provide medical care. Million will analyze your risk management objectives to provide you with appropriate coverage, allowing you to focus on managing patient illness and providing quality care. Our managed care solutions are for:

Hospitals

Independent Practice Associations
Integrated Health Systems
Physician Hospital Organizations
Provider Sponsored Networks

Today Million has access to virtually every top-rated domestic and international insurance company. However, we have been most successful in working with those companies committed to delivering quality services and a customized solution.

As a major insurance services provider Million offers innovative risk management, insurance services and consulting solutions for healthcare, biotechnology, commercial and financial services. In addition to comprehensive professional liability coverage, we offer provider excess, workers’ compensation, property/casualty, employee benefits, directors’ and officers’ liability and many other types of coverage to help manage risk exposures in the most comprehensive way.

The cost-effective structure and dedicated management have earned Million a reputation for delivering competitive rates, service quality along with breath of coverage. Every Million department – claims, risk management, client services and information services – acts as a resource to help clients reduce exposures, manage risks, and reduce coverage costs.


In addition to providing information on all of our insurance products, our site is designed to provide relevant information that assists the healthcare provider in knowing circumstances that can make the make the healthcare provider vulnerable.