New York, New York (PressExposure) May 31, 2010 -- Medical malpractice is defined as negligence, whether intentional or not, that leads to sickness, injury, or death to a patient. If a lawsuit is filed against a doctor for medical malpractice, it can become very expensive and time consuming to defend. Because of that, there is need for doctors to reduce their liability by investing in medical malpractice insurance.
Currently, the state of New York regulates the medical malpractice insurance market, which has driven out many brokers who specialize in this type of professional liability insurance. This has brought about limited choices for doctors when insurance in New York.
Through Nexus Insurance Services, physicians in New York are able to buy affordable malpractice insurance with options such as no assessments, no capital contribution, full consent to settle, both occurrence or claims-made coverage, or robust risk management resources.
"We are proud to be one of only three insurance brokers in New York that have access to this excellent insurance provider," said Mike Kataf of Nexus Insurance Services. "We have many options for New York doctors that most insurance brokers don't have, so in addition to providing excellent client service, we hope to differentiate ourselves in this way."