TDC Group Wins 2024 Impact Award From InnoLead for Digital Automated Underwriting
New Platform Serves Advanced Practice Clinicians, One of Healthcare’s Fastest-Growing Professional Segments
Napa, California—October 10, 2024—TDC Group, the nation’s largest clinician-owned provider of insurance and risk management solutions, has won an InnoLead 2024 Impact Award for a digital automated underwriting platform for advanced practice clinicians (APCs). APCs are required to carry a malpractice insurance policy to practice; the automated platform makes coverage accessible and more affordable.
InnoLead’s Impact Awards honor companies that have achieved extraordinary outcomes related to innovation, design, new business models, and new offerings. InnoLead’s program is focused on initiatives and products that have delivered quantifiable impact created for businesses, customers, and the overall market.
Nearly 84 million Americans live in areas short of primary care physicians, making APCs vital to preserving and expanding patients’ access to care. TDC Group developed its digital underwriting platform in 16 months and has now launched it in all 50 states to serve:
- Nurse Practitioners (NPs)
- Certified Registered Nurse Anesthetists (CRNAs)
- Certified Nurse-Midwives (CNMs)
- Certified Midwives (CMs)
- Physician Assistants (PAs)
The platform enables real-time quoting, underwriting, payment, and policy issuance. The solution integrates third-party credentialing data, which enhances efficiency, shrinking transaction time from days to minutes, and reduces underwriting costs by 5 percent. In addition to TDC Group, the 2024 award winners include Apple, Ray-Ban, and other household names.
“By embracing cutting-edge technology and a user-centric design, The Doctors Company has streamlined processes for APCs, recognizing that these practitioners need and deserve top-tier coverage for their professional liability risks," said Laura Kline, MBA, CPCU, CIC, Senior Vice President, Business Development, The Doctors Company and TDC Group. "APCs play a vital role in improving the safety and quality of care, and they can improve patients’ access to care. Through supporting APCs, we are helping to expand access to healthcare for underserved communities, furthering our commitment to promoting health equity."
About TDC Group
TDC Group (tdcg.com) is the nation’s most trusted provider of insurance and risk management solutions. TDC Group, through medical professional liability insurer The Doctors Company and The Doctors Company Risk Retention Group (RRG), has been protecting APCs since 1976. TDC Group serves the full continuum of care, from individual physicians to academic medical systems. We help healthcare professionals overcome the complexities of today’s practice environment and are defined by our depth of experience, commitment to service, unparalleled product offering, and broad distribution capabilities. With annual revenue of $1 billion, over $7.3 billion in assets, and offices nationwide, TDC Group serves over 110,000 healthcare professionals and organizations throughout the United States. Follow TDC Group on X (@TDCGrp), YouTube, LinkedIn, and Facebook.
About The Doctors Company
The Doctors Company (thedoctors.com) has been protecting advanced practice clinicians (APCs) since 1976 with affordable, top-tier malpractice coverage specifically tailored for APCs, including nurse practitioners, certified registered nurse anesthetists, physician assistants, certified nurse-midwives, and certified midwives. The Doctors Company is part of TDC Group, providing insurance and risk management solutions to over 110,000 healthcare professionals and organizations nationwide. To learn more about data-driven insights and to stay up to date on industry trends, follow and subscribe to The Doctors Company on X (@doctorscompany), YouTube, LinkedIn, and Facebook.