What is National Financial Partners Corporation (NFP)?
NFP is a leading insurance broker and consultant providing employee benefits, property & casualty, retirement and individual private client solutions through their licensed subsidiaries and affiliates.
NFP is a widely admired company:
- #4 largest U.S.-based privately owned broker, as ranked by Business Insurance
- #5 largest benefits broker by global revenue, as ranked by Business Insurance
- #5 best place to work in insurance, as ranked by Business Insurance
- #9 largest property & casualty agency by total 2016 P&C revenue, as ranked by Insurance Journal
- #9 commercial lines agency, based on 2016 P&C and commercial lines revenue, as ranked by Insurance Journal
- #10 largest employee benefits broker, as ranked by Employee Benefit Adviser
- #11 global insurance broker, as ranked by Best’s Review
- #12 largest broker of U.S. business, as ranked by Business Insurance
What is NFP HIIS?
NFP Healthcare Industry Insurance Services – NFP HIIS, which is part of NFP – specializes in insurance products for healthcare professionals and entities.
Between healthcare reform, constantly changing regulations and operational issues, insufficient policy limits and complex coverages, risk is coming at your medical practice from all directions. NFP’s Healthcare and Life Sciences Group works with you to understand your unique situation, meet your needs, help protect you and advance your business goals.
NFP HIIS will work closely with your practice to absorb your strategy and examine all areas of possible exposure, working to understand your risks, prioritize them and help you handle them on your own terms.
In an industry where the main focus is other people’s health, companies and organizations are only as effective as their coverage. From medical professional liability insurance, billing errors and omissions, cyber liability, business insurance, medical board defense, HIPAA protection, directors and officers, and employment practices liability to auto and workers’ compensation.
NFP’s world-class insurers and consultants have deep expertise in the life sciences and healthcare spaces and understand the nuances and steps necessary to truly have you and your business covered. NFP supports health and life sciences industry businesses of all kinds, including:
- Hospitals, medical groups, integrated practices and telemedicine
- Surgery centers and urgent care
- Individual physicians and health professionals
- Labs and imaging centers
- Device manufacturers and distributors
- Pharmaceutical and biotech companies
- Specialty care centers, including long-term care, hospice and dialysis
- Staffing firms
What Products Does NFP HIIS Provide?
NFP HIIS provides custom solutions in medical professional liability insurance to MPPG members who practice outside California. They can also provide the following – and more – to MPPG members, including those in California:
- Billing E&O
- Business Insurance
- Cyber Liability Insurance
- Directors and Officers
- Workers’ Compensation
NFP also can offer personal home and auto insurance, aviation, employee benefits, HR resources, long-term care insurance, retirement plans, and life, disability and executive deferred compensation plans.
Where is National Financial Partners Corporation (NFP) Located?
NFP Corp. is headquartered in New York, New York.
What Year was National Financial Partners Corporation (NFP) Founded?
NFP Corp. was founded in 1999.
Who is on the National Financial Partners Corporation (NFP) Leadership Team?
Douglas W Hammond is the CEO of National Financial Partners Corporation (NFP)
Why Work With NFP HIIS?
Many healthcare and life sciences organizations suffer from paying too much for their insurance. Your industry moves fast, evolving with every discovery, development, and breakthrough.
NFP continues to help organizations like yours assess their current and future needs, and create affordable, comprehensive and customized risk management plans. Along the way, they keep an eye on industry advancements and help you anticipate how they affect your business.
NFP is vendor and product agnostic: they’ll work with their extensive and diverse network of healthcare and life sciences experts to provide a customized, unbiased plan for transferring and mitigating insurance risk surrounding your practice, point of care, clinical research, medical devices or pharmaceutical products. They will find the right solution for you, regardless of carrier.
What are the Benefits of Working with NFP HIIS?
Your medical practice needs a partner who wants to get to know you and your challenges. Someone who cares deeply about what keeps you up at night and what gets you out of bed in the morning. A champion of your success and finder of the solutions that are right for you, exactly when you need them.
NFP Corp’s solutions and expertise are matched only by their personal commitment to each client’s goals.
What is the Meaning of Cyber Liability Insurance?
Cyber liability insurance is an insurance policy that provides businesses with a combination of coverage options to help protect the company from data breaches and other cyber security issues.
A cyber insurance policy helps an organization pay for any financial losses they may incur in the event of a cyberattack or data breach. It also helps them cover any costs related to the remediation process, such as paying for the investigation, crisis communication, legal services, and refunds to customers.
What is the Meaning of EPLI?
Employment practices liability insurance, known in the trade as EPL insurance or EPLI, provides coverage to employers (PDF) against claims made by employees alleging: Discrimination (based on sex, race, age or disability, for example) Wrongful termination.
What is Billing E&O Insurance?
Billing Errors & Omissions (E&O) insurance provides health care providers with coverage for the defense of alleged billing errors and the fines and penalties assessed because of the errors.
How to Get Further Savings on NFP HIIS Products Through MPPG
For MPPG members, NFP HIIS has competitive insurance products for those physicians and entities who are not located in California or who don’t qualify for the Cooperative of American Physicians (CAP).
Ready to Learn More?
Contact David Wood directly at email@example.com or 602-549-6234.
If enquiring about insurance products other than medical professional, business insurance, cyber liability, EPLI, billing E&O, D&O and workers’ compensation, David can connect you with expert team members within NFP.
If you are not an MPPG member, please click on the “Join Now” button at the top of the page.