Insurance Noodle has launched an integrated facility for allied health services across the United States, bringing together several leading markets via a single online access point. By accessing Insurance Noodle’s proprietary technology platform, agents can simultaneously market an account to all available carriers and receive accurate quotes within 10 minutes.
According to Insurance Noodle CEO Ted Devine, “The demand for healthcare practitioners is growing tremendously, and now our agents can find coverage for those practitioners.” He noted that Insurance Noodle’s platform improves upon the traditional model, opening multiple markets from a single platform, rather than restricting agents to a single market with a limited scope.
Insurance Noodle has partnered with A.M. Best-rated carriers to deliver products in the expanding allied health category. The offering is designed primarily for professional liability (malpractice), general liability, cyber liability, and workers’ compensation. Target classes include an array of healthcare professions, including surgical centers, doctor and dentist offices, audiologists, chiropractors, and physical therapists.
Currently, there are 2.3 million small healthcare and social assistance businesses in the United States with fewer than 10 employees, with the Bureau of Labor Statistics predicting that this industry will see significant growth between now and 2022. Some of the fastest-growing occupations by percentage of projected growth are:
- Diagnostic medical sonographers, 46 percent.
- Occupational therapist assistants, 42.6 percent.
- Genetic counselors, 41.2 percent.
- Physical therapist assistants, 38.4 percent
“The Affordable Care Act has generated an influx of newly insured individuals seeking medical care of all kinds,” said Ralph Blust, president of Insurance Noodle.
Blust added that the demand will create growth opportunities in the industry that independent agents can capitalize on, and the Insurance Noodle platform can help them do so.
Insurance Noodle is delivers products for more than 6,000 agents and their clients around the United States.
Insurance Noodle provided independent agents with online access to insurance products and services through a single-entry, multi-carrier, multi-line, web-based portal since 2001. Insurance Noodle was formerly a subsidiary Willis Group Holdings, plc.
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