MLMIC + Berkshire Hathaway

As a Berkshire Hathaway subsidiary, MLMIC has access to immense resources — opening up new possibilities for physicians, groups, hospitals, and dentists.

Access to new coverage options

Greater flexibility in writing coverage

Custom Solutions Based On Individualized Needs

The Berkshire Hathaway subsidiary benefit also enhances our financial strength.

In fact, AM Best has assigned MLMIC Insurance Company a Financial Strength Rating of A+ (Superior).

This A+ rating is a testament to MLMIC’s stability and unwavering commitment to securing the future for New York’s medical professionals.

MLMIC has been protecting New York hospitals and healthcare professionals since 1975. Over 100,000 healthcare practitioners have relied on MLMIC for their medical professional liability needs. As New York’s #1 medical professional liability insurer, we provide expert insight and concierge-level service backed by the power and resources of a Berkshire Hathaway company.

Hear from Berkshire Hathaway CEO Warren Buffett.

Transcript

Ensuring physicians is really a special form of insurance because with physicians you're not only ensuring them against the financial consequences of their activity, but you're also defending their reputation. It was really quite impressive what MLMIC did. There was a crisis in medical malpractice, and they came along and built the largest company by far in a hugely important state. But the fundamental proposition of having the physician out there knowing that an insurer is there, the physicians are going to deal with hundreds and hundreds and hundreds of people and they're going to be suits from time to time against the best in the world and the idea of having a partnership with somebody that has unlisted resources and will pay if something is appropriate but also defend the physician even if it make more sense economically to settle. That's going to be something that's going to be important ten years from now, 50 years from now, a hundred years from now.