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About InsMed

Our Approach

Unwavering Support in Good Times or Bad

Understanding how the contractual terms of protection that can be included in an individual disability contract to best protect you and the people who depend on you doesn’t have to be a frustrating process. We know it can feel like trying to learn a second language, but you don’t have to go it alone.

At InsMed we continuously strive to create insightful and timely content designed to help you understand how these provisions address real-world situations and how contracts offered by insurance companies differ in their language and approach.

Choosing the contract with the terms of coverage that best addresses your immediate and long-term protection needs is the foundation of any financial wellness plan. We are here to demystify this process and help you select the company and contract that aggressively protects you and everyone who may depend on you.

Enrollment Service Team to Support Institutional Offerings for Highly Compensated Professionals

The introduction and ongoing administration of an institution’s voluntary or employer-provided disability insurance program is a multifaceted process that will involve an organization’s human resource representatives, communications department, billing office, and senior medical staff. To properly support how these offerings can be introduced and supported without creating any additional burdens for an institution’s staff we have developed a full-service team to address all administrative and customer service needs.
Choosing the contract with the terms of coverage that best addresses your immediate and long-term protection needs is the foundation of any financial wellness plan. We are here to demystify this process and help you select the company and contract that aggressively protects you and everyone who may depend on you.

Helping healthcare institutions address the unique needs of their highly compensated professionals

Designing the right voluntary or employer-provided offering for a large group of highly compensated employed professionals must consider a wide range of factors, including their specialties, genders, income levels, the terms, and the taxability of any current plans.
Choosing the contract with the terms of coverage that best addresses your immediate and long-term protection needs is the foundation of any financial wellness plan. We are here to demystify this process and help you select the company and contract that aggressively protects you and everyone who may depend on you.

Helping Individuals Make Well-Informed Choices

Understanding how the contractual terms of protection that can be included in an individual disability contract to best protect you and the people who depend on you doesn’t have to be a frustrating process. We know it can feel like trying to learn a second language, but you don’t have to go it alone. 

At InsMed we continuously strive to create insightful and timely content designed to help you understand how these provisions address real-world situations and how contracts offered by insurance companies differ in their language and approach.

Choosing the contract with the terms of coverage that best addresses your immediate and long-term protection needs is the foundation of any financial wellness plan. We are here to demystify this process and help you select the company and contract that aggressively protects you and everyone who may depend on you.

Leadership

David
Blake

Founder and President
Read Bio

Morten
Sorensen

Executive Vice President
Read Bio

Jennifer
André

Accounting & Finance

Your team

Susan
Gelber

Sr. Account Manager

Sue
McGauley

Sales Director

Kaitlyn
LaMantia

New Business Administrator

Fran
Gabay

Policyholder Services

Adam
Kramer

Sr. Sales Representative

Our History

Remaining Independent in an Ever-Changing Market

The policies, pricing, and coverage limits offered by insurance companies have been in a state of flux since they underpriced their contracts during the hyperinflation period experienced in the 1980s. At that time, many companies chose to leave the industry and the six or seven insurance companies that survived continued to make adjustments to maintain profitability targets and maintain a balance between genders and specialties that affect claims rates.

At InsMed, we intentionally avoid entering into any contractual relationships with insurance companies that demand a minimum amount of sales. By staying independent of any contractual obligations, we can better serve our clients by making recommendations based on the most competitive products that are available at that time.

A Resource for an Institution's Trusted Advisors

At InsMed we value the opportunity to support an institution’s trusted relationships who have helped install their benefit programs. Oftentimes these organizations don’t have the infrastructure, systems or experience that is required to introduce and service voluntary insurance offerings for healthcare professionals. 

We view our role as a solution provider for the institution and an extension of the current broker’s capabilities. 

Did you know?

The premiums paid by a practice owner for a policy that insures their ongoing business expenses is 100% tax deductible

Medical underwriting can be waived when a practice purchases individual policies as part of its benefit package

Graduating physician who are entering practice can obtain coverage that’s greater than their actual earnings

Taking medication or seeking counseling to manage stress can affect your ability to secure coverage

Rates and provisions of individual policies are guaranteed not to change until the age of 65. The same isn’t true for group or association coverage.

Residents and fellows can forfeit their right to a teaching hospital’s “guaranteed issue” coverage if they apply elsewhere and are denied due to medical conditions

Contributions cannot be made into a qualified retirement account in the event of a disability

Voluntary offerings to large healthcare populations can be offered without medical underwriting and permanently discounted rates.

If your employer provides you with long term disability coverage for free, any benefit amount provided during a claim will be taxed.

Group insurance policies usually only protect base salary

Some policies that insure student loan obligations require the insured to be out completely and not be expected to return to work ………ever.

The “guaranteed right” to increase the benefit amount of an individual policy will be reduced as you age.

Residents and fellows can insure 100% or more of their incomes during training

Group long term disability policies can be obtained by practices with fewer than 10 full time employees

Most employer provided long term disability coverage will require you to be out for as long as six consecutive months in order to qualify for benefits

Individual policies can be used to raise the income placement percentage and maximum monthly benefit for employed physicians and executives

Business overhead expense policies can cover hiring a locum tenens

Already a Policyholder?

We always love to hear from you about any needs you have, changes in your personal or professional life or to just say hello.
Please contact us using the link below or call us at 800-214-7039.

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InsMed Insurance Agency, Inc. 500 Mamaroneck Avenue, Suite 408 Harrison , NY 10528
California License #0D42687 | Arkansas Insurance Producer License Number 100158189

David Blake

Founder and President

David began his insurance career in 1985 as a disability insurance brokerage representative with the Paul Revere Insurance Company where was trained to help insurance advisers and consumers understand how to best protect their incomes in the event of a disabling event. 

In 1989 David began to work directly with healthcare institutions in identifying, introducing, and supporting “guaranteed issue” disability insurance offerings for their residents and fellows. In the years that followed David created the InsMed Insurance Agency to serve as an independent enrollment company that could offer guaranteed issue programs medical schools, dental schools, faculty programs across the country.

David also serves as an Officer of the Million Dollar Round Table Foundation, the Global Chair of the Million Dollar Round Table Academy Task Force and the Founder or The Kanikapila Project, a nonprofit organization that focuses on ukulele based initiatives that creates wellness, joy and human connection.

Morten Sorensen

Executive Vice President

Since joining the company more than 25 years ago, Morten has focused on helping the company make sure it meets the needs and expectations of the company’s growing national clients and professional relationships. 

Morten has a Master of Science (Bus. & Econ.) degree from Aarhus School of Business, Denmark, is a Court of the Table Member of the Million Dollar Round Table and actively supports charities that protect abandoned children in Nigeria.

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