Insurance Products

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Best-in-Class Insurance Solution for Physician Groups and Healthcare Systems!

Stratum’s overall business strategy around insurance is simple….pool Member volume within all coverage lines coordinated through a preferred broker with coverage underwritten by preferred carriers. This coordination and facilitation is provided by Stratum Brokerage Company, L.L.C, Stratum’s wholly-owned brokerage firm.  This unique model allows us to accomplish the following:

  • Leverage reduced premiums through consolidation
  • Better track and manage brokerage commissions
  • Achieve a higher level of service and accountability from our broker partners influenced by the volume of business our Shareholders and Clients represent
  • By pooling volume under preferred carriers we’re able to introduce enhanced coverage options typically not afforded stand alone entities
  • Increased stability during adverse insurance market cycles
  • Utilize Stratum Brokerage Company to capture and/or share commissions allowing us to invest in other programs benefiting our Members.

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Did we mention our physician group expertise?

  • Specialized Contracts specific to medical practices
  • Dedicated service teams on both the brokerage and carrier sides
  • Customized plan designed specifically for each physician group to meet their individual needs

Cost Saving– Stratum Partners receive true premium price reductions

  • Life insurance clients save 10-40% on current premiums
  • 
LTD insurance clients save 3-15% on current premiums
  • Cyber Liability clients save 12-20% with enhanced coverage
  • Stand Alone Tail Coverage program saves physicians on average 18%
  • Most other lines of coverage savings range from 5-20%

Added Value– It doesn’t stop there…Stratum insurance participants also benefit from networking and benchmarking with like-minded, successful organizations.You’re family now!

  • Networking and Benchmarking
  • Sharing of policies of procedures
  • Client portal where all policies and related documents are securely stored

Available Services/Products

  • Long & Short Term Disability (Tailored for highly compensated Physicians and Execs)
  • Group & Supplemental Life
  • Physician Malpractice
  • Health/Wellness
  • Stop/Loss
  • Voluntary Benefits
  • PBM
  • Workers Comp
  • Cyber
  • E&O, D&O, EPL
  • Workers Compensation
  • Property
  • Captive Consulting
  • Leave Management