January 29, 2014
TMLT dedicates $20 million to the Trust Rewards Program for 2014
Contact: Laura Brockway, director of marketing communications
(512) 425-5898 or firstname.lastname@example.org
Austin, TX — Texas Medical Liability Trust (TMLT) proudly announces that our Board of Governors voted to dedicate $20 million to the Trust Rewards Program for 2014. These funds are the Board’s way of rewarding our policyholders for their loyalty.
The additional allocation brings the Trust Rewards total to $150 million. No other medical malpractice insurer offers this much to Texas physicians.
“The additional $20 million shows the Board’s enthusiastic support for our TMLT policyholders,” said TMLT President and Chief Executive Officer Charles R. Ott, Jr. “We stand by our Texas physicians and provide them with more benefits than any competitor. The Trust Rewards program is an excellent demonstration of TMLT’s superior benefits.”
The Trust Rewards program serves as a financial reward for policyholders. Each year when a physician’s policy renews, funds are set aside in the Trust Rewards account. The funds will be allocated to policyholders at the time of retirement or other qualifying event.
The largest medical liability insurance provider in Texas, TMLT serves more than 17,000 Texas Medical Association (TMA) member physicians. Rated A (Excellent) by A.M. Best Company, TMLT is the only medical professional liability insurance provider created and exclusively endorsed by the Texas Medical Association. TMLT is headquartered in Austin, Texas.