Healthcare Directors and Officers Liability

What we offer

Affirmative antitrust terms
Affirmative provider selection terms
Additional Side A Limits available
Derivative demand sublimit
Outside directorship coverage
Whistleblower carveback to pollution exclusion
Insured vs. insured carveback for foreign claims
Creditor committee carveback
Coverage for IRS, EMTALA and HIPAA claims
Former Director carveback of 3 years
Claim definition includes search warrants
Tax exempt bond carveback
Coverage available for independent contractors, medical directors and staff physicians
Risk management tools provided

How can we help

The healthcare environment is rapidly changing and presenting new and unique exposures on a daily basis. Beazley Remedy is the newest offering that gives directors and officers the coverage they require to operate their facilities while also giving them peace of mind knowing that they are adequately covered and protected in this ever changing healthcare landscape. Beazley Remedy offers coverage against a wide range of potential healthcare specific claims while also offering a wide array of coverage enhancements.

Who we can help

Healthcare directors and officers

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

Loss scenarios:

A New England hospital sent a pregnant patient to another hospital’s emergency room without having her first examined by a physician. Department of Health officials determined that this was a violation of the Emergency Medical Treatment and Labor Act (EMTALA), as unstable patients are required to be seen by a physician prior to being transferred to other facilities. Defense costs, fines and penalties exceeded $250,000.

A small hospital saw revenues drop due to new competing facilities. It’s primary creditor withdrew over $1 million from the hospital’s operating account leaving the hospital with no way to cover expenses and forcing them to declare Chapter 11 bankruptcy.