HPIC Risk Retention Group, South Carolina(SC):Contact, Email address, Benefits, Discount

HPIC Risk Retention Group is a liability insurance company that specializes in providing coverage to healthcare facilities and physicians in the United States.

In this article, we will explain what a risk retention group is and more.

If you are looking for a reliable and affordable medical liability insurance provider, you should consider HPIC Risk Retention Group.
If you are looking for a reliable and affordable medical liability insurance provider, you should consider HPIC Risk Retention Group.

What is a Risk Retention Group?

A risk retention group (RRG) is a type of insurance company that is owned and operated by its members, who are also the policyholders.

RRGs are formed under the federal Liability Risk Retention Act of 1986, which allows them to operate in multiple states without being subject to state regulation.

RRGs are designed to provide liability insurance to businesses or professionals who share common risks and face difficulties in obtaining affordable coverage from traditional insurers.

It can offer lower premiums, broader coverage, and more control over claims and risk management to their members.

HPIC Risk Retention Group Contact Information

HPIC is headquartered in Madison, Mississippi and has a regional office in Franklin, Tennessee.

However, HPIC is also registered and authorized to write policies in South Carolina as a foreign risk retention group.

If you want to contact HPIC Risk Retention Group in South Carolina, you can use the following information:

HPIC Risk Retention Group Benefits

  • Competitive and stable rates
  • Tailored coverage options
  • Claims-made and occurrence policies
  • Free tail coverage for retirement, disability, or death
  • Risk management and education services
  • Peer review and defense by experienced attorneys
  • Dividend distribution based on performance
  • Ownership and governance rights
  • Access to reinsurance markets

HPIC Risk Retention Group Claims

To file a claim, you can report it online or by calling HPIC Risk Retention Group’s claims department at 1-888-474-2635.

You can also report a claim by mail to: HPIC Risk Retention Group Claims Department PO Box 1768 Charleston, SC 29402-1768

When you report a claim, you will need to provide the following information:

Once you have reported a claim, a claims adjuster will be assigned to your case. The claims adjuster will investigate your claim and work with you to resolve it as quickly and fairly as possible.

Here are some tips for filing a claim :

  • Be as detailed as possible when describing the incident.
  • Provide any documentation that you have related to the incident, such as police reports, medical records, or estimates for repairs.
  • Cooperate with the claims adjuster and provide them with any information that they request.
  • Be patient and understanding. The claims process can take some time, but the company is committed to providing its members with fair and prompt claims service.

HPIC Risk Retention Group Ratings

The company is rated A- (Excellent) by A.M. Best, a leading rating agency for the insurance industry.

This rating reflects HPIC’s strong financial position, solid capitalization, favorable operating performance, and effective risk management.

HPIC has maintained this rating since 2018, demonstrating its stability and reliability as an insurance provider .

HPIC Risk Retention Group Review

The company  has received positive feedback from its members, who appreciate its customer service, coverage options, and claims handling.

HPIC Risk Retention Group Jobs

The company is always looking for talented and motivated individuals to join its team.

It offers a competitive compensation and benefits package, a friendly and collaborative work environment, and opportunities for professional growth and development.

HPIC has various positions available in different departments, such as underwriting, claims, accounting, marketing, and administration.

HPIC also welcomes resumes from qualified and experienced insurance professionals who are interested in working with HPIC.

To view the current job openings and apply online, visit HPIC’s website.

Who is Eligible to Join HPIC Risk Retention Group?

The company is open to healthcare facilities and physicians who meet the following criteria:

  • They are located in one of the states where HPIC is registered and authorized to write policies. HPIC currently operates in Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Texas.
  • They are engaged in the practice of medicine or healthcare services that fall within the scope of HPIC’s coverage. HPIC covers a wide range of specialties and practice settings, such as primary care, surgery, radiology, anesthesia, emergency medicine, nursing homes, ambulatory surgery centers, and more.
  • They are willing to comply with HPIC’s underwriting standards, risk management guidelines, and membership obligations. HPIC evaluates each applicant’s risk profile, claims history, and professional credentials to determine their eligibility and premium. HPIC also requires its members to participate in its risk management and education programs, report any claims or incidents promptly, and cooperate with HPIC’s claims team and defense counsel.

What are some of the most common claims that HPIC Risk Retention Group members file?

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