Risk Purchasing Group
The Power of Many
Britton-Gallagher’s orthopedic implant clients can now benefit of its International Orthopedic Insurance Purchasing Group, Inc.
Risk Purchasing Group (RPG), which were first allowed by the Federal Liability Risk Retention Act of 1986, allow companies in the same or related field with similar loss exposures to join together to buy liability insurance. The combined buying power results in many benefits for the companies involved in an RPG.
The International Orthopedic Insurance Purchasing Group insurance was negotiated through a major insurance carrier and is a unique product that will provide participants with coverage enhancements, special pricing and discounts not usually available in the current marketplace.
Britton Gallagher founded this group to meet the specialized needs of medical device companies, orthopedic implant manufacturers, biotechnology firms and contract research organizations.
Each member will have its own limited of liability for individual risk, separate from the RPG’s other companies. This program is exclusive to Britton Gallagher clients and cannot be accessed by agents.
With an risk purchasing group, your company can receive:
- Immediate premium costs savings
- Broad coverage
- Access to risk managers of Britton Gallagher
Even if a company already has a policy with a chosen insurance carrier, we can offer them improved benefits through the RPG.
For more information on International Orthopedic Insurance Purchasing Group and to determine if your company meets the criteria to take part, contact Britton Gallagher at 800-607-4711.