Greetings From The ChairmanOctober 1, 2010
Welcome to the first newsletter from Lancet Indemnity RRG, your Physician owned and managed medical malpractice insurance carrier. I bring you greetings from the Board of Directors and management.
We are unique in the market place and are now recognized as a company responding to the needs of its members with innovative and comprehensive policies that meet the changing environment of the marketplace. We insure approximately fifteen hundred physicians and are growing at a rate of 30% per annum. We have just expanded into several new states and anticipate another significant growth spurt in 2011.
Our President, Dr. William Luria, was a recent keynote speaker at a national convocation of carriers in the field of medical malpractice, another sign of respect and acceptance in the marketplace.
The company’s premium base continues to grow as does our reserves while our losses are very low. Your RRG IS FINANCIALLY SOUND and is operated very efficiently as we continually review our operating costs, reinsurance treaties, and opportunities for new growth and development with minimal risk of innovative policies for our members.
We hope you share our excitement of the future and continue to enjoy the fact that your medical malpractice insurance carrier is looking after your best interests.
Please feel free to communicate with me or the staff and Board of Directors if you have questions or concerns. Spread the word to your colleagues that Lancet is here to serve their needs and support our continued success.
Benedict S. Maniscalco, M.D., F.A.C.C. Chairman, Lancet Indemnity RRG