Summary of Offerings
Relevant insurance solutions at the right time with the right partners. That’s what our healthcare clients and brokers expect along with the right insurance partners.
Property
Exclusive Property Insurance Solutions Tailored for Healthcare Facilities
The healthcare industry demands specialized insurance solutions tailored to the unique needs of hospitals and health systems. Our dual market offering ensures your property and assets are safeguarded by the best in the industry.
For Small to Mid-Size Hospitals (250-1,000 beds) – Partnered with Chubb:
- Premier Third-Party Loss Control Services: Access exclusive loss control services and detailed reports to proactively manage risks and enhance your hospital’s safety.
- Benchmarking and Infrastructure Analysis: Leverage comprehensive reports to benchmark your facility’s performance and plan infrastructure improvements strategically.
- Appraisal Subsidy: Receive a subsidy for appraisals every three years, up to 7.5% or a premium credit of up to $15,000, helping you save on insurance expenses.
For Larger Hospitals and Health Systems (>1001 beds) – Partnered with Zurich:
- 1-Year Rate Commitment: Benefit from rate stability based on loss thresholds, ensuring predictability in your insurance costs
- Water Mitigation Plan: Earn a 2.5% premium credit by implementing a qualifying water mitigation plan, further protecting your facility from potential water damage.
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally.
Zurich has 150 years of experience managing risk and supporting resilience for customers around the world. Founded in Switzerland in 1872, Zurich expanded to North America in 1912 to become a leading provider of commercial property-casualty insurance solutions and services in the U.S. and Canada. Today, we serve a diverse set of industries including automotive, agriculture, construction, manufacturing, technology and numerous others. Our customers include 95% of the Fortune 500® as well as a diverse array of Middle Market businesses.
Excess Workers’ Compensation
Demonstrating care with a safe and secure workforce
- Program offering with a profit-sharing component written through a trusted market leader of excess workers’ compensation coverage
- Coverage options and a suite of services including crisis protection, medical management and loss control
Safety National® is a leading specialty insurance and reinsurance provider. With a culture built on relationships and over 75 years of unique expertise and resources, we specialize in providing long-term solutions to our valued clients. We identify and define the trends and emerging needs of brokers and the industry, continuing to provide an unparalleled commitment to the best specialized insurance solutions, which result from our proven expertise, experience and service. Benefits of choosing Safety National include a rating of A++ (Superior), FSC XV by A.M. Best and A+ by Standard & Poor’s, a strong financial backing by one of the top ten insurance groups in the world, Tokio Marine, and consistent, top rated customer service by our broker partners.
Healthcare Professional Liability
Exclusive program, tailor-made for healthcare providers
Ensuring the safety and security of your patients and staff is of paramount importance. We can enhance your risk management strategy.
- Primary, excess and umbrella options for hospitals, health systems and their employed physicians
- Customized risk services
Key highlights of this program:
- Premier Alliance Membership By being a part of the Premier Alliance, you gain access to a program created with your needs in mind. This means you’ll benefit from customized solutions that align with the challenges you face as a small independent hospital.
- Premier Coverage Enhancement Endorsement We go the extra mile to provide comprehensive coverage that protects your hospital’s interests. With this endorsement, you’ll have peace of mind knowing that you’re well-equipped to handle any liability risks that may arise.
- Enhanced Risk Services Our team of experts is dedicated to helping you proactively manage risks. You’ll have access to top-tier risk management services, ensuring that your hospital operates smoothly and safely.
- Retro Payment Opportunity As a further commitment to your success, we offer retro payments of up to 3% based on a combined loss threshold. This means you can potentially receive financial rewards for your commitment to safety and risk mitigation.
Coverys is a leading provider of medical professional liability insurance protection to physicians, hospitals, dentists, podiatrists and advanced practice providers. Committed to financial stability, integrity and sustaining its reputation for excellence, Coverys emphasizes patient safety and physician education, and is acknowledged as a leading provider of supportive risk management services, including interactive continuing medical education activities to healthcare providers. Coverys’ underwriting companies are rated “A” (Excellent) by A.M. Best.
American Excess Insurance Exchange, RRG (AEIX) is a Vermont-licensed, reciprocal risk retention group (RRG) providing excess and umbrella general liability coverage and consulting services to its members for 34 years. Strong governance and sharing of best practices are cornerstones of AEIX. As a reciprocal, policyholders (insured members) of AEIX own and govern the company through an executive board of directors and committees. Ownership provides financial equity, and continued control of self-insurance strategies and fosters an environment of operational transparency and long-term partnership. AEIX contracts with Premier Insurance Management Services for the management of the reciprocal RRG.
Cyber
Protecting sensitive patient data and operational integrity in this digital age
- Complete privacy breach response management and information security insurance solution
- No claims bonus potential
- Resources for incident response planning, employee training and best practices
Beazley is a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. All our insurance businesses are rated A (Excellent) by A.M. Best. Beazley is a proud participant in the Lloyd’s market, the largest and oldest insurance market in the world and a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.
Excess Cyber
- Designed to complement our primary cyber program
- Offering the same financial incentives, comprehensive coverage and risk services
Safety National® is a leading specialty insurance and reinsurance provider. With a culture built on relationships and over 75 years of unique expertise and resources, we specialize in providing long-term solutions to our valued clients. We identify and define the trends and emerging needs of brokers and the industry, continuing to provide an unparalleled commitment to the best specialized insurance solutions, which result from our proven expertise, experience and service. Benefits of choosing Safety National include a rating of A++ (Superior), FSC XV by A.M. Best and A+ by Standard & Poor’s, a strong financial backing by one of the top ten insurance groups in the world, Tokio Marine, and consistent, top rated customer service by our broker partners.
Directors & Officers, Employment Practices and Fiduciary Liability
- Dual market offering designed to meet the exposures and needs of healthcare organizations for primary and excess coverage
Beazley is a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. All our insurance businesses are rated A (Excellent) by A.M. Best. Beazley is a proud participant in the Lloyd’s market, the largest and oldest insurance market in the world and a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.
At CapSpecialty, we are committed to being the preferred specialty insurance provider for small and mid-sized businesses across the U.S. We have a keen understanding of what matters most to specialty insurance and surety agents and brokers. We know how important it is to manage risk in today’s increasingly competitive and fast-moving environment. By being especially responsive, recognizing unique opportunities and embracing action, we serve our select group of partners with unwavering focus. With an entrepreneurial spirit, our agile specialists look at risk differently, underwrite carefully and, together with our partners, find unmatched solutions.
Dependent Eligibility Verification
Safeguard benefit programs and maximize cost savings
Cost control is paramount with rising healthcare costs. Significantly impact your bottom line with substantial savings by managing healthcare costs and ensuring efficiency.
- Reduce premium spend and protect benefit budgets
- Collaborative solution designed to reduce healthcare costs by validating dependent enrollment and improving compliance without decreasing benefits
- Offered to Premier members with 1,500 or more employees
With an unwavering belief that a company’s success starts with its people, Alight Solutions is a leading cloud-based provider of integrated digital human capital and business solutions. Leveraging proprietary AI and data analytics, Alight optimizes business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. Alight’s more than 16,000 dedicated colleagues serve more than 30 million employees and family members help organizations of all sizes, including over 70% of the Fortune 100.
