Hospital Professional Liability

Beazley policies provide broad coverage that includes: 

• Full spectrum of hospital risks insured, from small community through to major tertiary teaching institutions
• Coverage for hospital professional, general and umbrella liability (including executive lines)
• Employed physicians and residents
• Non-employed physicians in certain instances
• Clinical trials
• Managed care liability
• Medical incident language for multi-claimant events
• Aggregate retentions (subject to the application of a maintenance deductible).
   

We also cover:

• Damages awarded against the assured
• Defense costs and expenses

Limits available

Up to US $25,000,000

We have nearly 20 years of global experience underwriting large and middle-market hospitals and healthcare systems and an award-winning claims team.

We value our strong client relationships and continuously innovate to provide the tools and information that our broker partners and clients need to succeed such as the utmost clarity in our policies regarding what we do and do not cover to provide reassurance and help eliminate possible confusion.

AcuteCare Form 
Beazley’s broad and flexible policy specifically for US hospitals is called the AcuteCare form. The AcuteCare form comprises specialist protection and is unique in providing coverage to US Hospitals that may be underinsured in areas such as negligence in clinical trials. The form also includes related claims (batch) language to improve clarity and cyber exclusion with carve back for bodily injury or property damage.

Beazley Quality Indicator Return Premium (QuIRP) 
Beazley’s QuIRP Program is unique in the medical malpractice market. Instead of working from industrywide quality benchmarks, which frequently conflict with one another, Beazley adopts a tailored approach to the circumstances and needs of each individual client. At the beginning of the policy period, Beazley agrees with the client on a set of target quality improvements. If these targets are met by the end of the policy period, 
the client will receive a pre-agreed return premium, which may be a substantial sum. Under this program, a client can receive a payment even if it has made a claim during the policy period.


Healthcare providers who take out the AcuteCare policy and choose to participate in the QuIRP Program, can opt to incorporate an Artificial Intelligence-powered early warning system for labor and delivery into their risk management program as well. Through this program, Beazley is seeking to institutionalize procedures that, over time, should reduce claims and further support our hospital clients.