Product information
As the healthcare industry continues to change, it has become increasingly difficult for physicians to focus on what matters most: healthcare. Politics, regulations, and administrative demands have increased the economic pressure, and subsequent risk, on physicians in every category. It’s safe to say, the healthcare practice of today is anything but traditional.
For medical groups to thrive in this climate, they must understand that they can no longer depend on traditional physician professional liability insurance. They need a comprehensive plan that evolves and adapts to the ever-changing healthcare industry.
We aim to protect the physician’s interest by combining our proprietary enterprise risk management coverage with professional liability coverage for physician group practices. This combination forms a comprehensive physician liability insurance product that is flexible enough to respond to the shifts that occur in the marketplace and minimizes the gaps that exist beyond the traditional professional liability template coverage.
Enterprise risk management coverage
Medical director liability
Privacy protection
Clinical research liability
Medical waste civil fines and penalties
Media and public relations consultation expense
Third party billing and reimbursement defense
Physician professional liability coverage
Primary and excess (including excess of a captive or SIR) coverage is available.
We also consider alternative risk options for physician group practices, such as reinsurance and fronting for captives and loss portfolio transfers (placed through our Custom Accounts Unit).
Entity coverage (including ancillary staff)
Coverage written on a claims-made basis
Excess limits available up to $15m
Prior acts coverage
Incident reporting
Defense costs in addition to policy limit
Consent to settle
Extended reporting period endorsement
GL coverage available
Primary policy limits of $1m / $3m ($2m / $6m available upon request)
Coverage written on an E&S basis
Target markets
Medical groups of 10 or more physicians. We also provide stand-alone tail coverage for solo practitioners and physician groups.
Line size
15
million EUR & USD
Physician Professional Liability: Coverage up to on Excess limits
50
thousand EUR & USD
Enterprise Risk Management: Limits up to per coverage with an annual enterprise
Meet our Physician Group Practices Professional Liability specialists
Get in touch with one of our specialists who will be able to help answer any questions and guide you through next steps.
PreviousNext
More about our products
Healthcare
