Advocate, MD Insurance of the Southwest Inc.

Advocate, MD Insurance of the Southwest Inc. is dedicated to delivering fair-cost, professional medical malpractice insurance to physicians, medical centers and health care professionals throughout Texas. Advocate, MD has established a high performance, values driven culture, with a commitment to excellence in the protection and defense of physicians and leadership in practice development. Advocate, MD is a Texas licensed, capital stock medical liability carrier headquartered in Austin, Texas. As a licensed, admitted insurance carrier, the company is regulated and closely monitored by the Texas Department of Insurance.

Vision Statement

Advocate, MD will serve their customer above all else.

Mission Statement

Advocate, MD will provide unmatched service and value to their customers by being a high performing company that is driven by excellent people and is guided by clearly defined values, which will result in financial performance and growth.

History

Advocate, MD has recruited a prestigious group of experts in insurance, insurance regulations and licensing, medical malpractice, tort defense, marketing, and investment banking with over 150 years combined experience in the medical malpractice industry since their inception in July, 2003. Advocate, MD has quickly grown to be the 4th largest underwriter of medical professional liability in Texas and continues to grow in strength and stability.

Advocate, MD believes the customer is always first and they demonstrate this with:

• Immediate response and turn around time
• Being easy to do business with
• 24/7 access to a live customer service representative
• Flexible-competitive rates
• Access to experienced statewide defense network
• In-house legal assistance
• NO added fees or surplus contributions
• NO Membership requirements
• FREE services such as:
  o Risk Assessment of practice
  o Risk Management tools and services
  o Online accredited CME courses
  o Claims resolution
  o Underwriting advice
  o Monthly payments with automatic bank drafts (Continuous Policy)
  o Prior Acts Coverage (eliminating the need for expensive Tail Coverage)
  o Free locum tenens

Advocate, MD employees support our local communities through sponsorship of the Make-A-Wish Foundation^®, a global non-profit organization that grants the heart-felt wishes of children with life threatening medical conditions to enrich the human experience with hope, strength, and joy.

What Advocate, MD offers

Claims Management works closely with their physicians from the day a claim is reported. By establishing a constructive partnership and effective communication between the physician, Advocate, MD, the defense attorney and Risk Management, they have closed 89% of their claims without indemnity payments. Their Claims Philosophy is:

• Early Investigation
• Realistic Evaluation
• Aggressive Management of Claims and Lawsuits
• Assessment Management

Risk Management improves patient care and manages the risk, increasing patient satisfaction and ultimately reducing operational costs. The Risk Management and Loss Prevention Program identifies and analyzes the exposure or risk in the practice and recommends appropriate techniques to reduce the frequency and severity of risk. Advocate, MD provides:

• Customized, proactive and complimentary consulting service
• Evaluation of current state of the practice
• Assessment of risks associated with patient care and business operations
• Detailed findings report

Continuous Policy
Are you tired of paying a full premium in advance? Are you interested in a policy that never expires? Then you need to take a look at the Continuous Policy! Receive a 10% discount when you switch from your current carrier to Advocate, MD. This discount may offset any penalty that your current carrier might charge for early termination. In addition, you will receive your unearned premium back from your current carrier. Plus you will receive these fantastic benefits:

• No interest or fees
• Simple monthly payments
• Automatic bank drafts
• Full coverage and easy changes
• Policy never expires
• Additional discounts and credits may apply

Advocate, MD is dedicated to providing you excellent customer service, proactive risk management services, aggressive claims management and services designed to fit your specific needs.