TMLT
TMLT is a non-profit insurance company founded in 1979, specializing in medical professional liability. Based in Austin, Texas, it offers a range of insurance products and services to physicians and healthcare professionals, and is exclusively endorsed by the Texas Medical Association.
Company Overview
TMLT is a non-profit organization established in 1979, specializing in medical professional liability insurance. The company operates within the insurance industry and is classified as a medium-sized business with a team of 194 employees. TMLT is headquartered in Austin, Texas, and emphasizes its commitment to providing protection tailored for the evolving landscape of medicine.
Insurance Products
TMLT offers a diverse range of insurance products designed for medical professionals. These include claims-made policies, occurrence policies, and per patient policies. The company also provides medical liability insurance for physicians, healthcare facilities, and allied health professionals. Additional offerings include employment practices liability insurance, Medefense coverage for legal expenses, and supplemental options like tail coverage and prior acts coverage.
Services and Benefits
TMLT provides a comprehensive benefits package that includes medical, dental, life, and disability insurance, along with paid vacation time and performance-based bonuses. The company also emphasizes professional development through continuing medical education (CME) opportunities and offers various discounts for policyholders, including a 5% premium discount for completing a practice review.
Partnerships and Endorsements
TMLT is exclusively endorsed by the Texas Medical Association, which underscores its strong partnership with a significant medical organization. This endorsement highlights TMLT's commitment to serving the needs of medical professionals in Texas and reinforces its reputation within the healthcare community.
Governance and Leadership
TMLT is governed by a Board of Trustees composed entirely of physicians. This structure ensures that the organization is led by individuals with firsthand medical experience, allowing for informed decision-making that aligns with the needs of its policyholders. The board's composition reflects TMLT's dedication to understanding and addressing the challenges faced by medical professionals.