Hospitals Insurance Company Revenue and Competitors

Hospitals Insurance Company (HIC), a New York State licensed insurance company, with offices in NYC and White Plains, NY, provides professional liability, general liability and other insurance coverage for hospitals, long-term care facilities, physicians, and health care professionals throughout New York State. Since 1987, HIC has served the insurance needs of the medical community with a strong commitment to personal service, competitive rates and security for its policyholders. Today the Company employs a staff of over 40, writes approximately $225 million in premium, with assets of $1.1 billion and surplus of $200 million. With twenty-five years of experience in the business, HIC is one of the oldest healthcare professional liability insurers in the country. The HIC program includes: - primary and excess professional liability, general liability, and other lines of insurance - claims administration and litigation management, and - clinical risk prevention and patient safety initiatives. As risk management advisor to its clients, HIC has a deep interest in initiatives to reduce patient injury and improve clinical outcomes. HIC systematically collects and analyzes data on incidents, losses and claims; helps identify potential hazards; investigates adverse patient incidents; and provides claims administration and litigation management services.