The Medical Professional Liability Carrier Increases New Business By 17 Percent
At a time when its competitors are seeing shrinking market share, Keystone Mutual Insurance emerges as the only Missouri-based medical professional liability insurance company to grow in 2013. The company experienced a 17 percent increase in sales over the first three quarters. By contrast, the other five Missouri-based professional liability carriers experienced an average 18 percent reduction of premium written.
“We have been in a growth pattern since our founding, and that is due to our unprecedented commitment to policyholders,” says Keystone founder, Jim Bowlin who cites programs such as Keystone Capital®, which pays a percentage of the Company’s surplus to policyholders upon retirement. “We were the first company in Missouri, and one of the few nationwide, to offer a program like Keystone Capital®. Our commitment to Missouri physicians is more than words – it’s real dollars.”
As a result of its record, Keystone is also the only medical professional liability insurance company approved by the St. Louis Metropolitan Medical Society, the largest regional physician association in Missouri. With physicians recognizing their commitment to policyholders, Bowlin expects to see a continued growth pattern for Keystone Mutual through year’s end.
“We are more than just insurance for our policyholders, and that has allowed us to expand when others have struggled,” says Bowlin.
About Keystone Mutual Insurance
Keystone Mutual is the first Missouri-based medical professional liability insurance company to provide cash rewards to loyal policyholders in good standing upon retirement, death or disability, and is the only insurer approved by the St. Louis Metropolitan Medical Society. The company sells direct and provides unmatched benefits to doctors through its innovative approach to insurance. With an individualized focus, Keystone Mutual provides an outstanding policyholder experience. For more information visit keystonemutual.com.