Avreco Announces Ill. Malpractice Carrier Reduces Rates by 25 Percent

September 6, 2006

Ill.-based wholesaler Avreco has announced that one of its carriers has significantly reduced its medical malpractice rates for standard doctors, as well hard-to-place doctors within Illinois and outside of Cook County, by over 25 percent.

The carrier is “A” rated by A.M. Best and has specialized in medical malpractice coverage since 1946. The carrier offers a free and confidential claims advice hotline, according to the Avreco written release.

Details of the coverage include consent to settle (no hammer clause), defense outside of limits, free tail coverage for death or disability or retirement at age 55 after 5 years of coverage, and an unlimited extended reporting period available for continued maximum protection. This coverage is competitive against all Illinois medical malpractice carriers.

Avreco, a member of The Park Group headquartered in Bermuda, identifies itself as one of the largest independent wholesalers in the United States, specializing in niche business, including medical malpractice and professional liability insurance, non-profit and for-profit D&O, employment-related practices insurance, property for both large accounts and packages, general casualty, and excess liability. .

For additional information contact Charles Becker at (312) 294-6311 or cbecker@avreco.com.

Source: AVRECO

Topics Carriers Illinois Medical Professional Liability

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