Professional Insurance Exchange
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P.I.E. is Utah's largest mutual dental malpractice insurance company and is fully owned and operated by participating dentists. We have been providing professional liability insurance to Utah dentists since 1978. Through Berkley Risk Services we offer a Business Owner's Policy for your equipment and office liability. Through Berkley Risk Services we offer Workers Compensation insurance at competitive rates.
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Professional Insurance Exchange Mutual, Inc. (PIE) is a mutual insurance company which provides professional liability insurance to Utah dentists only.
Dr. Charles E. Parkin, along with other visionary Utah dentists, determined that it was time for dentists to control their own destinies when it came to setting malpractice insurance premiums and handling claims in the dentists' best interest.
From there PIE grew under the management of its Board of Directors and guidance of Drs.
Max Conley, Donald G. Mantyla and Stephen M. Burton into the premier professional liability insurance company in the state of Utah.
Professional Insurance Exchange Mutual, Inc. (P.I.E.) is a mutual insurance company which provides professional liability insurance to dentists practicing in Utah.
As an independent entity, P.I.E. is not affiliated with the American Dental Association, Utah Dental Association or any other dental organization.
Nevertheless, P.I.E. has enjoyed a good working relationship with the A.D. A. and U.D.A., has provided speakers for U.D.A. meetings and has worked closely with the U.D.A. on legislative matters relevant to both organizations.
Professional Insurance Exchange Mutual, Inc. (P.I.E.) is a mutual insurance company which provides professional liability insurance to Utah dentists only.
We currently insure 90% of the dentists practicing in Utah.
The total number of insured under our policy was 1,350 as of 12/31/2013.
P.I.E. is managed by a dentist CEO authorized to act on behalf of the membership in managing the company and handling claims, etc.
The company is governed by a nine-member Board of Directors consisting of nine dentists from throughout the state of Utah with over 300 cumulative years of experience as practicing dentists.
The answer depends on how much equipment you need to insure and other factors that you can choose.
The rate is higher, of course, if you own your space and wish to cover that as well.
Premiums range from $750 to $3000 per year with the average annual premium running at $1,500.00.
The best answer to this question can be obtained from Berkley Risk at: www.colorado.berkleyrisk.com.
Again, the answer depends on the type of coverage you wish to obtain as well as the amount of monthly compensation you wish to obtain.
The liability limits offered by Professional Insurance Exchange Mutual, Inc. are industry standard at $1 million per claim and $3 million annual aggregate.
The Company retains a team of experienced lawyers at the firms of Snow, Christensen & Martineau, Gross and Rooney, and Dunn and Dunn.
Our lawyers are instrumental in defending claims and negotiating reasonable settlements when necessary.
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