Alternative Risk Solutions
Our creative captive options offer significantly reduced expenses, less volatility and a higher potential return.
OURCell PCC®, a fully owned subsidiary of MagMutual and part of our MagMutual Specialty suite, provides tailored, more traditional protection with a broad array of available services – all backed by one of the largest, most trusted names in medical professional liability insurance.
- Service inclusive; single source for management, actuarial, accounting and other needs
- Each cell is built around a central core captive, but insures only the risk of its individual owner
- Low capitalization cost options
- 30-60 days from completed application to go live
- Moderate frictional costs and controllable non-loss related costs
- Optional claims handling, risk management and patient safety services available, potentially with no additional cost
Resources and Services
- Actuarial services included at no cost
- Flexibility to self-handle claims or engage MagMutual’s expert claims team to the extent desired
- Underwriting, policy management and fronting capability available
- Access to The Institute at MagMutual®, offering a wide spectrum of risk management and patient safety tools and services
- 24/7 physician-staffed risk hotline
- Diverse reinsurance options available