Bermuda- Healthcare Liability

We offer excess managed care E&O liability coverage for the managed care segment of the healthcare industry. We write managed care organizations including HMOs, IPAs, PBMs, PHOs and PPOs, as well as managed care service providers including Case/Disease Management Providers, CVOs, MSOs, PRSOs, TPAs and UROs. Our broad definition of “managed care activities” and “insured” allows us to tailor the coverage to fit each managed care organization’s needs.

Capacity

• Minimum attachment point: $50M, exclusive of SIR
• Maximum limit: $15M

As healthcare managers are forced to make difficult decisions – like cutting programs or reducing resources – additional exposures are created. Heightened scrutiny from patients, regulators, investors, employees and other stakeholders leaves little room for error. Not only is the healthcare organization at risk, the personal assets of its directors and officers are also at stake. Of all the decisions a healthcare organization’s executives can make, perhaps the most far reaching centers around making sure that they have comprehensive management liability protection from a trusted and secure provider.

Products

• Primary and Excess D&O
• Lead and Excess DIC Side A D&O
• Employment Practices Liability
• Wage and Hour Liability

Capacity

• Commercial/Management liability: $25M
• Private commercial/Not-for-profit businesses and organizations: $25M

Allied World provides specialized solutions for the rapidly changing global healthcare sector. Built upon a solid infrastructure of healthcare experience, Allied World Bermuda offers a wide array of insurance products and solutions that address the unique and emerging exposures hospitals, miscellaneous medical facilities, physicians, and senior care facilities.

Hospitals

We offer hospitals the total package of professional and management liability products with competitive pricing, broad coverage, expert claims service and complimentary risk management resources. Target organizations include hospital systems, academic medical facilities, standalone children’s hospitals, single location hospitals, and other specialty hospitals.

Capacity

• Minimum attachment point: $1M
• Maximum limit: $15M

Miscellaneous Facilities

Allied World writes lead and excess professional liability and umbrella liability for a variety of miscellaneous medical facilities including clinical research, medical labs, home health, hospice care and surgical centers. Our talented team of underwriters, risk managers and claims managers understand the unique exposures and coverage needs of these facilities. Our simple application process asks only those questions that are appropriate to the exposures associated with each facility type.

Capacity

• Minimum attachment point: $1M
• Maximum limit: $15M

Physicians

Allied World writes lead and excess professional liability for physician groups. Physician groups face medical malpractice exposures each day. Yet our tailored coverage protects each physician group’s unique needs and allows physicians to focus on practicing medicine and worrying less about their insurance coverage.

Capacity

• Minimum attachment point: $1M
• Maximum limit: $15M

Senior Care Facilities

Allied World offers primary, lead and excess professional and umbrella liability to senior care facilities such as skilled care, assisted living and independent living senior care facilities. We understand that each policy needs to be tailored to the specific needs of the insured, and we are continually evolving to manage risk and provide coverage against emerging exposures. With nearly three decades of combined experience, our underwriting team is among the foremost leaders in the industry. Companies both large and small turn to Allied World for lead and excess coverage.

Capacity

• Minimum attachment point: $1M
• Maximum limit: $15M