ISMIE expands insurance lines in Missouri, will help Illinois bi-state businesses
ISMIE Mutual Insurance Co. and ISMIE Indemnity have announced plans for expanded service and product offerings in the state of Missouri, which will help some Illinois firms doing business in both states.
“For many years, we at ISMIE have been proud to serve our Illinois policyholders who have extended their practices into the state of Missouri,” said ISMIE Vice Chairman Paul H. DeHaan, MD. “Today, we’re very pleased to offer Missouri-based professionals our entire suite of products and services that have been developed and provided over 40 years in one of the toughest medical litigation environments in America.”
With a recent updated rate filing, the companies will offer medical liability coverage for individual health professionals, groups and health care facilities. ISMIE plans to pursue new business in Missouri as a component of its national expansion plan.
“Our risk management program, claims support and practice-specific coverage flexibility have made us No. 1 in Illinois and will address the needs of policyholders in the national marketplace,” said Wayne de Nazarie, ISMIE executive vice president. “We look forward to working with our agency partners to address the specific coverage needs of professionals, groups and health care facilities throughout Missouri.”
ISMIE Mutual Insurance Company is the tenth-largest physician liability carrier in the nation.
The company, founded in 1976, is completely physician-owned. ISMIE is rated A- (Excellent) by A.M. Best. ISMIE Indemnity is a wholly owned subsidiary of ISMIE Mutual.
DeHaan practices orthopedics in McHenry, Ill.
— The Illinois Business Journal
