Pediatrics Insurance Consultants, Inc.

Pediatrics Insurance Consultants, Inc. specializes in providing tailored insurance solutions for pediatricians and healthcare professionals, ensuring their personal and professional interests are well-protected. Pediatrics Insurance Consultants, Inc. functions as an insurance provider focused on pediatric practitioners.

The company was acquired by USI Holdings Corporation, a subsidiary of Onex Corporation, in January 2013. It is headquartered in Chicago, US, and has executed one significant deal as of the most recent date. The AAP Insurance Program, administered by USI Affinity, provides a comprehensive range of insurance products specifically designed for its members, primarily pediatricians associated with the American Academy of Pediatrics (AAP). The core offerings include Group Term Life Insurance, Long-Term Care Insurance, Medical Malpractice Insurance, and various personal insurance plans such as Dental & Vision coverage.

Additionally, specialized offerings like Cyber Liability Insurance and Employment Practices Liability Insurance address the unique risks faced by medical practices, serving clients throughout the United States. The revenue generation model of the AAP Insurance Program relies on the direct sale of insurance products to AAP members. Members engage in purchasing policies tailored to their specific needs, including Group Term Life, Long-Term Care, and Medical Malpractice Insurance. The program maintains fixed pricing for certain plans, such as Group Term Life, over periods of 10, 15, or 20 years, creating a stable revenue stream through policy premiums.

Pediatrics Insurance Consultants, Inc. aims to enhance its offerings by developing new insurance products designed to meet evolving market demands. The company is also exploring potential expansion into additional markets across the United States. Recent funding from the acquisition in January 2013 will be utilized to support these growth initiatives, enhancing the ability to secure and protect the interests of pediatric professionals.