What we offer
Small healthcare and life sciences organizations face a range of increasingly sophisticated risks. In today's litigious business climate, one bodily injury claim has the potential to wipe out a small business's financial resources. Companies with fewer employees on the payroll are also more likely to use the services of a third-party vendor or volunteers, opening up the potential for additional liability.
The policy provides general and privacy liability coverage as well as additional coverages available for:
- Claims expenses in addition to policy limits
- Full limits on sexual/physical misconduct
- Hired and non-owned auto
- WA and OH stop gap
- Business personal property
- Employee theft
- Patient property coverage
- Beazley bold endorsement
Up to US $5M
Minimum deductible: US $0
Minimum premiums: US $1,500
How can we help
Our underwriting and claims teams work hand-in-hand to explore and create bold solutions for our policy holders; this alliance is unique to Beazley and truly sets us apart in the market. We have a wide range of coverages in various combinations of MPL/GL/EBL/Products Liability.
Because of this, our appetite is vast and includes bespoke policy wordings for areas such as life science products, service providers, allied health, and telehealth risks.
Who we can help
- We focus on small business risks
- We can handle claims, or agree to allow the Insured or a TPA to handle claims
- Best-in-class service and comprehensive policy wordings are our specialties
Where Is This Offered?
In the USA - we can also consider risks with non-US operations and/or exposures.
Canada – we can consider risks with non-Canadian operations and/or exposures.
The Beazley Difference
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
Allegations that laboratory insured provided inconsistent / incorrect laboratory results in patient blood samples.