Allied World Assurance Co. Holdings has launched a professional liability policy, offering coverage specifically designed to address the risks of health care consultants and companies that provide consulting services to healthcare facilities.
This comprehensive protection includes contingent bodily injury coverage specific to the exposures and needs of this diverse group. The policy allows for a customized definition of professional services based on the specific activities performed, said Allied World, which is a subsidiary of Fairfax Financial Holdings Ltd.
“Allied World is seeing a dramatic increase in the number of organizations that are being tasked to assist healthcare facilities maneuver in the current, complex landscape,” said Christian Gravier, president, North American Professional Lines division. “While not actively engaged in patient diagnosis or direct delivery of health services, their activities have a definite impact on the administration and oversight of medical care.”
“These organizations need a medical liability component to their professional liability coverage,” said Kerry Stetz, vice president, Private Healthcare Division product manager. “Our experienced underwriters understand all aspects of the healthcare delivery system and can craft coverage for a broad range of consultant activities.”
Source: Allied World Assurance Co. Holdings
Topics New Markets
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