MedThree Insurance Group Launches to Provide Integrated Solutions for Healthcare & Life Science Industries

Simmlands Insurance Services announces today the launch of its branded healthcare practice, MedThree Insurance Group. In the increasingly complex and fragmented world of specialized coverage, MedThree will focus on helping brokers identify and manage the integral risks faced by their Healthcare and Life Science clients. MedThree will develop proprietary insurance products and services for the Healthcare and Life Science industry verticals including the ‘med three’ of: 

• • • • • • • • • medical professionals,
                • the medical products they use and
                • the medical facilities where they practice

 

 “MedThree is the realization of a vision to create a branded MGA specifically for the Healthcare and Life Sciences verticals. The world of specialized coverage is more confusing than ever. That’s why we create integrated insurance and risk solutions for the Healthcare and Life Science industries…That’s all we do.” explains Neil McRuer, President of MedThree.

“The breadth of our experience and the depth of our knowledge allow us to address the broader risk issues and help brokers manage the evolving risks within these industry segments,” adds McRuer.

 “We can’t express how excited we are to be a singularly focused business for brokers and clients within the Healthcare and Life Science industry,” notes Janet Saunders, Managing Director for MedThree. “We’ve built a great business within our initial structure but having us overtly branded and focused will give us even more visibility with brokers and allow us to underwrite an even broader market.”

 “General insurers offer products within this space but are tripped up by their corporate structures in addressing the wide variety of Canadian clients and needs, for example: US jurisdiction, international clinical trials, independent surgical facilities or higher risk professions, significant property capacity, abuse coverage and cyber coverage for medical professionals and facilities…the list goes on,” explains Paul Meinschenk, Vice-President of Marketing and Broker Distribution at MedThree. “Our ability to create responsive full product solutions changes the game for our brokers.”

“The incorporation of our risk consulting capabilities for brokers and their clients to identify and mitigate risk issues is an incredible service differentiation”, adds McRuer. “Ruth Stewart, our Director of Risk Management, has over 30 years of experience both as an RN in the clinical setting as well as a senior administrator in a healthcare organization. Her experience will be a huge asset for our firm and we are not aware of a domestic insurance company with ‘feet on the ground’ and this much Canadian healthcare experience to assist the risk management needs of our clientele.”

For more information on MedThree, please visit www.medthreeinsurance.com

Or contact:

• Neil McRuer, President
• MedThree Insurance Group
• 416 408 5459 direct
• 416 779 0340 mobile

 

MedThree Insurance Group is operated by Simmlands Insurance Services Ltd

http://www.medthreeinsurance.com