Physicians Healthcare Management Group, said that its affiliate, Physhield Insurance Exchange, a risk retention group, has entered into a managing general agent (MGA) agreement with Palumbo Insurance Associates to sell Physhield's medical malpractice insurance program to physicians and other healthcare providers.
Palumbo Insurance Associates is a full service commercial insurance agency founded by Tony Palumbo, specializing in medical malpractice and other insurance products aimed at physicians. The company will manage Physhield sales program out of its Bel Air, Maryland office.
Robert Trinka, CEO of Phyhealth and president of Physhield, said: “Tony Palumbo will be an important partner in supporting the success of Physhield’s marketing and sales initiatives. Tony and his organization bring unique relationships, product expertise and a wealth of professional insurance sales and executive experience.”
“In addition to proactively introducing Physhield to Palumbo’s existing network of agents and brokers, Physhield also has a dedicated and prominent presence on the Palumbo Insurance website, which can be accessed at ww.palumboinsuranceassociates.com. We are also offering an educational 45 minute webinar through the site to illustrate the advantages of Physhield’s insurance coverage and the value proposition for physicians.