The idea of creating a company dedicated to serving Northwest dentists began as early as 1986 when the Washington State Dental Association (WSDA) decided it wanted more for its members than what existing professional liability insurance companies could offer.
The WSDA's goal was to have a company that would not only provide stable rates and lower premiums - but give dentists a strong voice as well. More importantly, the company would be committed to addressing the interests and issues affecting dentists throughout the Northwest.
In an effort to turn this innovative idea into reality, WSDA leaders began to seriously explore opportunities for starting their own dental malpractice insurance company. At the same time, they also looked for an existing company which could be endorsed by the WSDA, but offer policy holders better benefits and local service.
In the 1980s, several dental associations around the country formed successful alliances with their state physician-owned insurance companies. In early 1989, the WSDA decided to follow this growing trend and approached Physicians Insurance, a respected leader in the state’s medical professional liability insurance field, about developing an insurance program for dentists.
Physicians Insurance clearly had the ability to offer the WSDA the expertise and financial security necessary to provide Washington dentists with the most comprehensive and reliable insurance programs available.
The result was the formation of the Northwest Dentists Insurance Company (NORDIC), a unique insurance company endorsed by the WSDA and structured specifically to include participation by the dental community.
In addition to its financial strength, NORDIC allows dentists to play an active role in formulating company policy and direction. Practicing dentists from Washington and Idaho sit on NORDIC’s Board of Directors.
NORDIC’s commitment to serving dentists made it the fastest growing dental professional liability insurance carrier in Washington. NORDIC is the exclusive dental professional liability carrier endorsed by the Washington State Dental Association and the Idaho State Dental Association. Our goal is to consistently offer Northwest policy holders flexible plans that provide the broadest coverage available at affordable, competitive rates. Another important benefit we offer is the convenience of complete practice protection through Business Owners, Employment Practices Liability, and CyberSecurity policies.
Outstanding benefits and competitive rates are just two reasons for NORDIC’s success. Another is NORDIC’s excellent reputation for superior service, which is reflected throughout the company. NORDIC is large enough to offer comprehensive protection, but small enough to provide our customers individual and personal attention.
THE FUTURE OF NORDIC
On January 1, 2010, NORDIC entered into a new relationship with the Idaho State Dental Association. The ISDA had taken note of NORDIC’s success in Washington and consequently partnered with NORDIC to bring the same level of quality service to their dentists. NORDIC is proud to be endorsed by the ISDA and is excited to develop the same success in Idaho that we've achieved in Washington.