MGIS
MGIS specializes in providing disability insurance products tailored for doctors and healthcare professionals, offering high limits and comprehensive coverage backed by top-rated carriers.
Specialized Disability Insurance Products
MGIS specializes in offering disability insurance products tailored for the needs of doctors and healthcare professionals. Among their notable offerings are Disability Guard for Doctors™ and High Limits Disability Insurance. These products provide comprehensive coverage including up to 70% income replacement and monthly benefits up to $80,000. Additionally, lump-sum benefits can reach up to $2 million. MGIS’s disability insurance products align seamlessly with other insurance offerings from the company, ensuring robust and specialized coverage.
Insurance Solutions for Healthcare Professionals
MGIS provides dedicated insurance solutions specifically designed for doctors and healthcare professionals. The company's offerings are designed with the unique needs of medical professionals in mind and include robust products like short-term disability (STD) insurance and life and AD&D insurance. These solutions are backed by highly rated carriers such as Reliance Matrix and Lloyd’s, ensuring reliable and dependable coverage for policyholders.
Claims and Customer Service
MGIS features a dedicated healthcare professional claims team to handle the specific needs of doctors and healthcare professionals. The company prides itself on having a high customer retention rate exceeding 90%, which underscores its commitment to providing a high-touch and convenient online experience for applying for coverage. This specialized attention ensures that claims are processed efficiently and accurately, meeting the professional standards expected by their clients.
Company History and Achievements
With a history spanning over 50 years, MGIS has established itself as a provider of innovative and customized insurance solutions for doctors and healthcare professionals. Celebrating its 50th anniversary, the company has consistently proven its ability to grow broker sales, retention, and credibility within the medical community. MGIS operates as a Lloyd’s coverholder, with delegated authority for underwriting, policy issuance, and other responsibilities. Its continuous recognition, including being named one of the Best Places to Work by Business Insurance for six consecutive years, highlights its robust corporate culture and employee satisfaction.
Employee Benefits and Programs
MGIS offers a comprehensive benefits package to its employees, including health coverage, life insurance, disability insurance, and long-term care coverage. The company has also implemented a Positive Action Creates Earnings (PACE) program where employees share in the company’s profits. These programs foster a positive work environment and exemplify MGIS's commitment to employee well-being, contributing to its distinction as one of the Best Places to Work for six years in a row.