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Reduce risk with data and advice from MagMutual

On average, a physician spends 10% of their career burdened by the weight of an open, unresolved malpractice claim. An understanding of the risks doctors face in their practice and how to identify and prevent them is a key element in improving patient care and preventing professional liability claims.

To help, MagMutual has developed a risk mitigation report that offers a whole new level of information and advice so physicians can better understand what triggers claims and implement strategies to reduce the likelihood of one. 

The reports discuss the top drivers of frequency and severity associated with specialty-specific malpractice claims, developed from an analysis of MagMutual closed claims data, data from the National Practitioner Databank (NPDB) and actuarial analysis.

Perhaps more important, they also provide effective clinical and non-clinical risk reduction strategies to mitigate the likelihood of a claim. Risk reduction strategies are based on information from experienced physicians in each specialty, analysis of claims data and accepted clinical practice guidelines.

The risk reports are available in 10 primary specialties: cardiology, diagnostic radiology, emergency medicine, family/general practice, gastroenterology, general surgery, internal medicine, obstetrics-gynecology, orthopaedic surgery and pediatrics. More will be introduced later this year.

With the help of our expert advice, you can decrease your exposure and improve outcomes. 

 

 

MagMutual: Better Informed. Better Prepared. Better Results.

Products

As one of the largest providers of medical professional liability insurance in the U.S.1, MagMutual offers a wide range of coverages to protect healthcare providers and hospitals and make them stronger. Why settle for anything less?

Support

We work hard to help our PolicyOwners avoid the unexpected outcomes that can lead to malpractice claims. Our groundbreaking approach combines data-driven innovation with exceptional support to improve results for policyholders.

Rewards

To help you stay ahead in the ever-changing healthcare industry, the financial strength of your insurer matters. MagMutual consistently delivers market-leading rewards to PolicyOwners: more than $370 million to date, with dividends paid 15 years in a row.2

MagMutual provides comprehensive coverage, along with exceptional service, extensive support and financial benefits, to more than 30,000 healthcare providers and organizations nationwide.

 

1 Market position based on S&P Global Market Intelligence 2021 year-end financial filings.
2 Dividends and Owners Circle allocations are declared at the discretion of the MagMutual Board of Directors and are subject to eligibility requirements. .