Beazley insures many of the largest and most prestigious hospitals in the United States, as well as a wide range of miscellaneous medical service providers such as blood and tissue banks and clinical research organizations. Our insureds include six of the top twenty adult honor roll hospitals and five of the top eleven pediatric honor roll hospitals as listed by US News and World Report, in addition 22% of HealthGrades America's best hospitals award recipients.
Medical liability awards in the US continue to increase at a pace far in excess of inflation. Following the widely publicized findings of organizations such as the Institute of Medicine, there is also a greater public awareness of the fallibility of medical providers. Together, these developments mean that the liability challenges faced by healthcare providers are greater than ever.
Hospital professional liability
Broad coverage for quality focused organizations that are skilled at managing their own risk.
Miscellaneous medical liability
Coverage for a wide range of healthcare service providers on both a primary (duty to defend) and an excess basis.
Enhanced management liability coverage incorporating standalone coverage for regulatory liability risks.
Flexible coverage for life sciences, including for clinical trials, Phase I through Phase IV.
Coverage designed to respond to actions brought by, or on behalf of, government entities for billing errors and omissions.
Beazley’s pioneering insurance policy covers all organizations involved in the provision of telemedicine. Currently, a company active in the fast growing telemedicine sector will normally need at least two insurance policies, and often more, to cover its varied exposures. Virtual Care avoids the potential gaps in coverage that can arise with such a piecemeal approach. The coverage can be tailored to meet the needs of all participants in the telemedicine value chain.