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About FPICRE: The Doctors Company Acquisition of FPIC Dear Agent; Below you will find a link to a letter going to all IL FPIC policyholders regarding the TDC acquisition of FPIC, which is expected to close fourth quarter 2011. We are very pleased with this new partnership. The combined company will make the TDC companies the largest physician insurer in the US with over 70,000 combined policyholders. We are equally pleased to share that FPIC policyholders will remain FPIC policyholders, receiving the same commitment to outstanding customer and claim service from FPIC that your clients have come to expect. As the old saying goes, this is a “win-win” for everybody. Both companies share a common philosophy as aggressive advocates for their physician policyholders. Both have been and continue to be aggressive supporters of strong and meaningful tort reform. Both companies have deep commitments to risk management as a way to promote patient safety, improve quality of care and mitigate losses. You can be confident that FPIC is here for the long haul and now more than ever you are representing the premier physician’s insurance program available in Illinois. Our track record of continued growth shows that your clients realize the superior value of the FPIC product. FPIC will continue to deliver on its promise of the superior product and service at competitive prices. We look forward to our continued partnership with you, FPIC, and now, TDC. Regards,
Links FPIC was named one of Forbes.com's 100 Most Trustworthy Companies in 2010.
Click HERE for a brief PowerPoint presentation on FPIC and our capabilities. Bentley is underwritten by First Professionals Insurance Company (FPIC), a member of the First Professionals Insurance Group. Founded in 1975, FPIC has over 30 years of underwriting experience with and protecting physicians and surgeons. Headquartered in Jacksonville, FL, FPIC is rated A- excellent by A.M. Best’s and A- by Fitch. Both rating agencies believe FPIC has a stable outlook. FPIC insures physicians and surgeons in Florida, Georgia, Arkansas, Texas and now, Illinois. The FPIC policy is at least as good, if not better than other insurance policies. The policy is claims made with an incident trigger for reporting claims. “Tail” is free after five years of continuous coverage with FPIC for insureds that retire, regardless of age. Corporate coverage and coverage for allied healthcare employees is available. Investigation defense is automatically included. Per physician limits of $1,000,000/$3,000,000 are offered and defense is in addition to the limits of liability. Click here to visit FPIC's website.
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