It was really just about
a group of top physicians
getting together to find
a better solution to the
malpractice merry-go-round.
It was really just about
a group of top physicians
getting together to find
a better solution to the
malpractice merry-go-round.
The DocSecure Story
Why was DocSecure formed and what makes us different from other insurance companies?
The last spike in medical malpractice rates, known as the “hard” market, occurred around 2005. It was at this time that a group of the very best physicians got together.
We were all disappointed with the way traditional malpractice companies increased premiums, forced us to settle claims, and offered little support during the trauma that accompanies the malpractice ligation process.
There had to be a better way.
So we assembled the best team and structure possible to build an insurance company with the best interests of physicians at our core. One that extends to competitive pricing, profit sharing, top defense attorneys and innovative products. This included a unique service approach that would actively coach and support physicians as well during the entire process.
The DocSecure Structure
Emphasizing quality and safety over profits, we selected a “Fronting Carrier Partner,” a well-established, national, financially strong, A rated insurer.
The fronting carrier, a member of the Coverys Group, is the nation’s 7th largest malpractice insurer and a leading insurer of physicians in NJ & nationwide.
We also engaged Arthur J. Gallagher Co., the largest broker of physician medical malpractice insurance in the Unites States.
This sound and detailed structure protects our insured members.
Why Coverys is the perfect structural partner
Physician Insurer culture with over 20,000 clients
30+ yrs of successful operation
Over $2,000,000,000 in Assets
Rated “A” (Excellent) by AM Best
Admitted market in New Jersey
We’ve Built a Stable
and Sound Structure
by Partnering with
the Best.
We’ve Built a Stable
and Sound Structure
by Partnering with
the Best.
An Experienced and
Accomplished
Leadership team...
WORKING AS ONE.
An Experienced and
Accomplished
Leadership team...
WORKING AS ONE.
BOARD OF DIRECTORS
Dante A. Implicito, MD
Richard M. Winters, MD
John W. Murphy, MD
Paul Vessa, MD
James Dwyer, MD
Michael Deehan, MD
Michael Sanzari
Ralph M. Serio, Exec. Administrator
OFFICERS
PRESIDENT & CEO
Dante A. Implicito, MD (Founding Member)
SECRETARY
Richard M. Winters, MD (Founding Member)
TREASURER
John W. Murphy, MD (Founding Member)
EXECUTIVE ADMINISTRATOR
Ralph M. Serio
CHIEF COUNSEL
Tom Lehayne, ESQ.
Why We Continue to Succeed
Strict adherence to our underwriting criteria
Specific selection of only the best performing physicians in select specialties done peer to peer.
We believe we have advantages over the traditional market in Corporate Structure, Service, Risk Management, and in our Product Line.