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- Year-end results as of December 31,
2009: Net
admitted assets in excess of $84.7 million; surplus
of more than $28 million.
- Offers claims made policies with limits
up to $5 million/$7 million.
- Physician-owned and physician-governed
reciprocal insurance exchange.
- Company mission to provide
stable, secure, quality insurance protection to members at cost with no profit objective.
- Risk Control Hotline established with the help of Praventus, the risk management
division on CNA Health Pro. This service is provided FREE to members.
- 100% owned and governed by its
member physicians.
- Committed to exclusively serving New Jersey-based physicians.
- Subscription fee: 100% of the
mature claims made premium.
- Since December 2002,
successfully closed over 65% claims received.
- Of those claims, 83% resulted in NO indemnity payment against physician.
- For more information, visit Conventus’ website at www.conventusnj.com.
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