EFFECTIVELY MANAGE PROFESSIONAL & GENERAL LIABILITY INSURANCE COSTS FOR THE SENIOR LIVING INDUSTRY
With Midwest Insurance Group and Caitlin Morgan your clients can reduce and control their liability insurance costs.
Midwest Insurance Group, RRG:
Put Insurance Ownership, Cost Controls in the Hands of Your Clients
Over the years the Professional Liability and General Liability insurance market has experienced cyclical disruptions with senior living facilities seeing significant premium increases and, in many cases, the inability to get coverage at all. MGU and wholesaler broker Caitlin Morgan Insurance Services, specialists in the senior living sector for more than 20 years, looked for a solution to address the challenges facilities were facing in obtaining cost-effective coverage. The result: The formation of Midwest Insurance Group, Inc., a risk retention group designed to provide senior living facilities with a viable, long-term stable alternative solution to the traditional Professional and General Liability insurance market.
Managed by Caitlin Morgan and owned by its policyholders, Midwest Insurance Group, Inc. a Risk Retention Group enables members to have more control over their insurance costs. A strong dedication to both risk management and claims management helps yield strong risk profiles among its member-owners and stable pricing.
Midwest Insurance Group, Inc. , a Risk Retention Group is reinsured with our “A” rated partner, Lloyd’s of London.
Eligible Senior Living Risk Classes
- Skilled Nursing Homes
- Assisted Living Facilities
- Independent Living Facilities (in conjunction with skilled nursing or assisted living)
- Continuous Care Retirement Communities (CCRCs)
- Adult Day Care
- Home Health Care
Where we write Business
We are currently licensed in the following states:
Why Midwest Insurance Group?
- Policyholders obtain a more tailored insurance alternative to traditional markets as well as more focused coverage options.
- Increased stability: Since policyholders have similar risks associated with their businesses, they enjoy more stability in policy coverage and rates.
- Working within the same industry, policyholders are able to better understand their coverage needs and insurance options through discussions with other policyholders in the group.
- Members are provided with strong risk management strategies to mitigate potential losses as well as proactive claims management to settle losses expeditiously and help pinpoint problem areas.
AGENTS & BROKERS:
Show Health Care Clients the Benefits of Joining a Risk Retention Group
Members of Midwest Insurance Group gain the benefits of stable pricing due in part to favorable regulatory environments. Give us a call (855) 687-2691 to discuss how we can help your clients limit their liability costs and gain coverage they can rely on for the long term.