State Volunteer Mutual Insurance Company: Overview, Benefits, Contact details

An image of a Doctor
State Volunteer Mutual Insurance Company is more than just an insurance company. It is a partner for physicians and healthcare providers. Discover how SVMIC can help you with professional consulting, risk management, and practice improvement/Photo Credit: Shutterstock

State Volunteer Mutual Insurance Company (SVMIC) is a physician-owned and operated medical professional liability insurance company that provides coverage to over 19,000 physicians and advanced practice providers (APPs)

SVMIC was founded in 1976 by a group of Tennessee physicians who were concerned about the rising cost and availability of medical malpractice insurance.

The company’s mission is to provide its members with high-quality, affordable medical professional liability insurance, as well as risk management and patient safety resources.

In this article, we will discuss the company’s headquarters, services, benefits, contact details and more.

State Volunteer Mutual Insurance Company Headquarters

The headquarters of State Volunteer Mutual Insurance Company (SVMIC) is located at 5005 Maryland Way, Brentwood, TN, 370271.

SVMIC is a physician-owned mutual medical malpractice insurance company that provides coverage and services to more than 15,000 physicians in the Southeast.

The company was founded in the 1970s by a group of Tennessee doctors who wanted to offer liability protection and risk management education to their peers.

SVMIC has been voted the “Best Malpractice Insurance Company for Doctors” by Investopedia for the second year in a row.

State Volunteer Mutual Insurance Company Services

SVMIC offers a variety of services to its members, such as:

  1. Professional consulting on the business side of practicing medicine, including financial management, HIPAA and OSHA compliance, physician compensation and burnout, payment reform, MACRA and MIPS, social media and online reputation management, HR, workplace violence, and patient experience.
  2. Educational resources and training for physicians and staff are available through the Vantage portal. These include online courses, podcasts, newsletters, and webinars on topics related to malpractice insurance, risk management, and practice improvement.
  3. RiskView virtual practice tour, is a tool that allows policyholders to virtually walk through a typical practice, highlight potential areas of risk, and access online resources to help reduce this risk in their own practices.

The company is committed to protecting, supporting, and advocating for physicians and other healthcare providers through superior coverage, exceptional resources, and outstanding support.

You can apply for a quote or contact them for more information by visiting their website.

State Volunteer Mutual Insurance Company Benefits

The State Volunteer Mutual Insurance Company provides a range of benefits to its members, including:

High-quality, affordable medical professional liability insurance

The company is committed to providing its members with the best possible medical professional liability insurance coverage at competitive rates.

The company’s A (Excellent) rating from A.M. Best, a leading insurance rating agency, reflects its strong financial stability and commitment to its members.

Comprehensive coverage options

SVMIC offers a wide range of medical professional liability insurance products to meet the needs of its members, including basic professional liability insurance, excess professional liability insurance, directors and officers insurance, and cyber liability insurance.

Risk management and patient safety resources

The company is dedicated to helping its members reduce their risk of medical malpractice claims by providing a variety of risk management and patient safety resources.

These resources include practice risk assessments, patient safety education, and claims management assistance.

Customer service excellence

The company has been recognized for its commitment to customer service, receiving the Customer Choice Award from the Tennessee Professional Insurance Agents (TPIA) for the past 15 years.

The company is committed to providing its members with prompt, courteous, and responsive service.

Advocacy for healthcare providers

SVMIC is a strong advocate for healthcare providers, working to protect their interests and ensure they have access to high-quality, affordable medical professional liability insurance. The company is actively involved in legislative and regulatory issues affecting healthcare providers.

Here are some additional benefits of choosing SVMIC as your medical professional liability insurance provider:

Financial stability

SVMIC is a financially stable company with a strong track record of success. This means that you can be confident that your insurance coverage will be there when you need it.

Local expertise

SVMIC has a deep understanding of the healthcare landscape in Tennessee, Arkansas, Virginia, Kentucky, Alabama, North Carolina, South Carolina, Texas, Oklahoma, and Georgia. This local expertise allows the company to provide its members with tailored insurance solutions and risk management advice.

Commitment to members

SVMIC is a member-owned and operated company, which means that its members are its top priority.

The company is committed to providing its members with the best possible insurance coverage and service.

State Volunteer Mutual Insurance Company Claims

If you are looking for information on how to make a claim with State Volunteer Mutual Insurance Company (SVMIC), we have you covered.

You can report a claim by contacting their Claims Department at (800) 342-2239 or by emailing them at claims@svmic.com.

You can also fill out an online form to report a claim.

SVMIC claims that they will provide you with a strong defense, a dedicated claims attorney, and a local defense counsel.

They also offer a variety of resources and services to help you prevent and manage claims, such as risk management education, professional consulting, and a virtual practice tour.

You can access these resources and services through the Vantage portal, which is SVMIC’s policy management platform.

You will need to create an account or log in to use the Vantage portal.

Click here to access their website.

State Volunteer Mutual Insurance Company Contact details

Corporate Office

Phone: (615) 377-1999

Toll Free: (800) 342-2239

Fax: (615) 370-1343

Underwriting Fax: (615) 843-0347

Address:

5005 Maryland Way
Suite 300
Brentwood, TN 37027

Conclusion

State Volunteer Mutual Insurance Company stands as a trusted and valuable partner for healthcare providers in Tennessee and beyond.

With its comprehensive insurance coverage, commitment to risk management and patient safety, and dedication to member support and advocacy, SVMIC continues to fulfill its mission of protecting, supporting, and advocating for physicians and other healthcare providers.

ALSO READ:

Spread the love