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Insurance Services

 

NAPA believes that physicians working together can efficiently manage insurance programs directly related to their practices. So, in 2001, NAPA Partnership Physicians launched Practice Security Insurance Company SPC, Ltd. (PRASEC), a Cayman Islands-based licensed segregated portfolio insurance company.

PRASEC offers qualified medical and professional groups ownership of a segregated portfolio, or “cell”. Upon purchase of a cell, your group gains access to PRASEC insurance and reinsurance products.

All PRASEC products and services are offered exclusively through Practice Security Consulting Services, LLC (PSCS), a New York State-licensed insurance consulting and brokerage firm.

For more information about PRASEC or to purchase a segregated cell, please contact Franc Galinanes, Senior Director - (516) 945-3047- fgalinanes@napaanesthesia.com

Captive Insurance Segregated Portfolio Company

 

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