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Medical Liability Mutual Insurance Co
United States
1975 (50 Years)
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What are the differences in regulations for each
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Medical Liability Mutual Insurance Co
Company Information
Get to know Medical Liability Mutual Insurance Co
MLMIC is not only the largest writer of medical professional liability insurance in the State of New York, but also one of the largest companies of its kind in the nation. Across New York State, MLMIC insures nearly 15,000 physicians, 4,000 dentists and dozens of hospitals. Our mission is to: Provide quality professional liability insurance to physicians, dentists, hospitals and other healthcare professionals at the lowest possible cost consistent with fiscal responsibility Provide the strongest possible defense of our insureds for claims without merit, and prompt and equitable compensation to those with legitimate claims against our insureds Continue to pursue vigorously our efforts to reform the inequitable medical and dental liability compensation system See how MLMIC is working to help physicians and hospitals.
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- Financial InsurancePRIMARY
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