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United States
1949 (77 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Proliability
Get to know Proliability
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Summarization
Proliability offers specialized professional liability insurance designed for a range of healthcare professionals. This includes nurses, health information managers, and business owners operating within medical facilities. Beyond insurance coverage, the company distinguishes itself by providing comprehensive risk management resources. This commitment to risk mitigation is further solidified by its backing from a prominent global leader in insurance brokerage and risk management.
Proliability has earned a reputation for its competitive pricing structure, offering affordable premiums without compromising on the comprehensiveness of its coverage options. This attractive combination is enhanced by its partnership with OmniSure Consulting Group. This collaboration allows Proliability to offer extensive risk management resources, including crucial support like legal representation, HIPAA compliance assistance, and reimbursement for licensing board issues. This multifaceted approach positions Proliability as a valuable partner for healthcare professionals navigating the complexities of their profession.
While the precise founding year of Proliability is not explicitly stated in available resources, it's evident that the company has a substantial track record of providing professional liability insurance to healthcare professionals. Its presence in the market speaks to its sustained success and commitment to serving this niche.
Proliability's professional liability insurance policies are underwritten by Liberty Insurance Underwriters Inc., a key indicator of its adherence to industry regulatory standards. While specific details regarding Proliability's own licenses and certifications are not readily available in the provided sources, the underwriting by Liberty Insurance Underwriters Inc. suggests a strong regulatory foundation.
| Coverage Type | Amount |
|---|---|
| Limits | Up to $1,000,000 (varies by profession) |
| Legal Representation | Legal fees paid in addition to liability limits |
| HIPAA Coverage | $25,000 |
| Licensing Board Reimbursement | $10,000 per incident/$25,000 per policy period |
| Deposition Expense | $10,000 per policy period |
| Wage Loss and Expense | $500 per day/$10,000 per incident/$25,000 policy period |
| First Aid Reimbursement | $10,000 per policy period |
| Medical Payments | $5,000 per person/$100,000 all persons |
| Damage to Property of Others | $10,000 |
| First Party Assault Coverage | $10,000/$25,000 policy period |
| Occurrence Policy Form | Covers incidents during the policy period, even if reported later |
| Sexual Abuse/Molestation Coverage | $25,000 sub-limit |
| Portable Coverage | 24/7 coverage for the policyholder |
Premium rates vary based on the specific profession of the policyholder. The company highlights competitive pricing, with examples such as rates as low as $92 per year for employed individuals and $101 for employed RNs. This competitive pricing is a key factor in Proliability's appeal.
While a direct comparison with industry averages is not provided in the accessible resources, Proliability consistently emphasizes the affordability of its premiums, suggesting a competitive position in the market.
Proliability offers discounts based on association memberships. This provides policyholders several avenues to reduce their premium costs, underscoring a commitment to value for its customers. Specific promotional deals may be available, but details are not readily available in the current resources.
Proliability provides multiple channels for customer service, including a toll-free phone number (1-800-375-2764), email ([email protected]), and potentially live chat (though this is not explicitly confirmed in the available information). This multi-channel approach allows for flexible communication.
Customer support is available during standard business hours (7:30 a.m. to 5:00 p.m. CT, Monday-Friday). Information about 24/7 support or multilingual assistance is not readily available in the provided sources.
Proliability presents a comprehensive solution for healthcare professionals seeking professional liability insurance. Its strong backing, combined with comprehensive coverage and competitive pricing, make it a strong contender in the market. While some information gaps exist regarding specific licenses and certifications, Proliability demonstrates a commitment to protecting healthcare professionals from the financial and reputational risks associated with their profession. The inclusion of valuable risk management resources further strengthens its position.
Healthcare professionals across various specialties, particularly nurses, health information managers, and business owners in medical facilities, would significantly benefit from Proliability's insurance offerings. The tailored coverage and affordable premiums address the specific needs and concerns of these professionals.