Episode 1- EmPro Insurance
Insurance Insider
The Westwood Insurance Group team speak with Underwriters, Don, JB and Marisol from EmPro Insurance. The team discussed EmPro’s growth strategy including leveraging the free trade zone in New York, which allows flexibility in pricing and policy structures for high-premium accounts such as large physician groups and healthcare facilities. They also discussed navigating regulatory challenges, such as New York’s Grieving Families Act, which could significantly impact insurance costs by expanding wrongful death claim eligibility and increasing settlement values. Additionally, Empro has been proactive in addressing the rise of nuclear verdicts by working with reinsurers and exploring creative solutions to help clients manage excess liability exposure. With a strong focus on maintaining high retention rates and fostering broker relationships, Empro Insurance is strategically positioned to expand its presence in the healthcare liability market.
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