Eastern Dentists Insurance Company Signs Exclusive Agreement with Medical Security

January 24, 2013 (PRLEAP.COM) Business News
Westborough, MA - Eastern Dentists Insurance Company (EDIC) has negotiated an agreement with Medical Security, a subsidiary of Medical Mutual Insurance Company of North Carolina (MMICNC), to acquire its dental professional liability insurance business. As a component of this transaction, EDIC will partner with MMIC Agency, also a subsidiary of Medical Mutual, to serve as their exclusive agent in North Carolina. Beginning with April 1st policy renewals, dentists currently insured with Medical Security will be transitioned to EDIC's dentists-only insurance coverage and enjoy enhanced value-added benefits, according to Dr. Charles Hapcook, DDS, President and CEO of EDIC.

EDIC is a "By Dentists, For Dentists"® mutual insurance company owned and operated by dentists since 1992. It is one of the largest dental professional liability companies on the East Coast providing broad coverage's, aggressive claims defense, competitive pricing, and innovative risk management services. In addition, EDIC has agreed to designate a North Carolina dentist to serve on its Board of Directors.

About EDIC - Based in Westborough, MA, Eastern Dentists Insurance Company (EDIC) was founded in 1992 by the Dental Society of Massachusetts to be owned and controlled by its insured members. The company has grown to include thousands of dental colleagues in Massachusetts, Rhode Island, Connecticut, New Hampshire, Vermont, Maine, New Jersey, New York, Pennsylvania, Virginia and now North Carolina and focuses on working to control the rising costs of dental malpractice insurance. For more information, contact Melissa Surprenant, EDIC Director of Marketing at 800-898-3342, or visit EDIC's website at www.edic.com.

About MMIC Agency - Formed in 1977, MMIC Agency, a subsidiary of Medical Mutual, is a full service insurance agency dedicated to serving North Carolina dentists with comprehensive insurance products and services such as business coverage and professional liability coverage. The MMIC Agency also carries the exclusive endorsement of the North Carolina Dental Society.