Healthcare businesses present unique risks and opportunities. These indicators outline key factors that strengthen or limit Chubb’s appetite within this diverse sector:
Total insured value for key medical equipment under $10M limits exposure.
Procedures for patient handling and machinery use protect staff and patients.
Certificate of Insurance (COI) requirements for vendors ensure proper risk transfer.
Facilitating fertility and abortion services creates a high-risk exposure.
Selling, renting, or leasing equipment introduces additional liability.
Lack of safe discharge procedures for sedated patients raises safety concerns.
Involvement with cannabis, CBD, or hemp products presents regulatory and insurance challenges.
The stakes are high for healthcare organizations. Social inflation has driven up the cost of claims, and healthcare organizations are being targeted. At Chubb, we understand these challenges and can help effectively manage them through product and services specifically designed for the healthcare industry.
Our team of world-class industry professionals is readily available to partner with businesses and effectively mitigate any risks they may face.
Discover how Chubb’s industry-specific approach and specialized risk consulting, underwriting, and claims expertise can help solve your clients’ unique challenges.
Discover how Chubb’s industry-specific approach and specialized risk consulting, underwriting, and claims expertise can help solve your clients’ unique challenges.
Discover how Chubb’s industry-specific approach and specialized risk consulting, underwriting, and claims expertise can help solve your clients’ unique challenges.
Discover emerging risks and evolving trends in the middle market by delving into our comprehensive reports—based on a survey of 1,000 middle market firms. Access insights to help middle market companies and their insurance partners understand business trends.
The decisions and actions, or inactions, by healthcare professionals can lead to costly litigation, putting the organization’s assets and the personal assets of individuals at risk in claims not covered by Business Owner's Policy (BOP) or general liability policies.
The Chubb Healthcare Industry Practice offers a comprehensive range of products and services, as well as depth of expertise, to help healthcare customers safeguard their reputation, assets, and financial stability.
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Duration: 8 minutes
Chubb Resilience Services offers comprehensive solutions to help healthcare clients understand their exposure to physical climate risk.
Chubb's IoT monitoring program includes the installation of sensors and other IoT devices that can predict and prevent property damage.