A growing medi-spa facility generating $2.5 million in annual revenue needed healthcare liability coverage to address potential exposures related to malpractice and negligence claims tied to their aesthetic treatments. With a rapidly expanding clientele, the facility required immediate and affordable coverage to avoid disruptions to its operations.
Our brokerage team, specializing in healthcare-related risks, collaborated with the independent agent to identify the specific exposures tied to the medi-spa’s services. Using their expertise and relationships with specialty healthcare insurers, we secured a $1 million liability policy tailored to the client’s professional liability risks. The coverage was provided at a competitive premium of $5,250, addressing the facility’s unique exposures.
Our team expedited the quoting process, ensuring the policy was bound swiftly to meet the facility’s urgent needs and avoid operational delays.
We secured the required healthcare liability coverage, enabling the medi-spa to continue operations without disruption. The tailored policy met budget and compliance needs, providing the client with peace of mind, knowing they were protected against potential professional liability claims.
By delivering a customized and timely solution, the agent reinforced their value to the client, strengthening their relationship for future insurance needs.
This case demonstrates the value of a knowledgeable wholesaler broker who not only facilitated rapid coverage placement but also helped the agent win the account by delivering a customized insurance solution.
Get in touch