Like most industries, the medical malpractice insurance world consists of a lot of acronyms, confusing terms, and other jargon that can make even the smartest people’s eyes cross.  Today we’re going to simplify things a bit by breaking down 10 of the most common (and confusing) malpractice insurance terms. We’ll tell you what they mean and why they’re important so that you can read your policy… and actually know what you’re talking about.📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/confusing-malpractice-terms-amp-what-they-actually-mean1:19 Earned, Unearned, and Minimum Earned Premium4:30 Experience Rating5:52 Vicarious Liability6:39 Retro Date Inception (RDI)8:07 Incurred But Not Reported (IBNR)9:07 Allocated Loss Adjustment Expenses (ALAE)9:50 Expense, Loss, and Combined Ratios11:12 Let Aegis Help!**********Contact us!**********📱💻 aegismalpractice.com📞 888.51AEGIS  [888.512.3447]**********Follow us on Social Media**********Facebook: https://www.facebook.com/AegisMalpractice/Twitter: https://twitter.com/AegisMedMalInstagram: https://www.instagram.com/aegismalpractice/0Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A🎙🎥 Produced by Grip Media Indiana.  For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com**********Contact us!**********📱💻 aegismalpractice.com📞 888.51AEGIS [888.512.3447]**********Follow us on Social Media**********Facebook: https://www.facebook.com/AegisMalpractice/Twitter: https://twitter.com/AegisMedMalInstagram: https://www.instagram.com/aegismalpractice/Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

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