Healthcare business insurance to cover your unique risks
From the ongoing impact of COVID-19 — including understaffing and the inevitability that many patients haven’t seen a doctor for a long time — to stronger defense against lawsuits in the wake of tort reform erosion, insuring your healthcare business requires a level of expertise that Chubb can provide through the our depth of experience in the sector.
We understand you are operating in a challenging, highly regulated market. We help by offering flexible, creative insurance solutions, as well as loss control and risk management services. These can include employee training and on-site assessments, as well as drills for common emergency scenarios.
“Healthcare is a very specialized field with many unique risk factors. The Healthcare Industry Practice not only has great underwriting and claim management teams, we have thoughtful underwriting and claim management teams with a strong healthcare background.”
We serve clients across the entire healthcare sector, including
Hospitals and healthcare systems
Chubb can tailor risk and insurance solutions to help you address your unique professional and general liability exposures, and can offer flexible options for physicians and other organizations at your hospital, specialty hospital (pediatric, cancer, etc.) or healthcare system.
As you care for a vulnerable population, Chubb offers policies with unique options for additional protections for skilled nursing, memory care, and assisted living facilities, and continuing-care retirement communities.
As the demand for outpatient services grows, so does the need for specialized insurance. Chubb policies can mitigate a broad range of risks for home health agencies, imaging facilities, dialysis centers, pharmacies, and more.
Chubb’s insurance specialists know the rapidly changing healthcare industry
After operating successfully in this space for many years, we can help you foster a culture of safety among physicians and staff and prepare response measures to mitigate potential losses.
Partnership that’s personal
We work to understand your business and where you’re headed so we can be proactive about meeting your needs. Whether your business is big or small, we invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead.
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always striving to help clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to helping solve your risk challenges.
Expertise and financial strength
Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business. That’s why 95% of Fortune 1000 companies are Chubb insured.
Healthcare organizations are responsible for the lives of their patients. As such, they face an especially significant range of complex — and evolving — exposures. With 25 years of healthcare experience, Chubb deeply understands the industry needs. We combine our wealth of healthcare capabilities — risk management expertise, innovative and customized insurance products, and superior claims services — to specifically serve and benefit this sector.
Whether a hospital or skilled nursing facility, an outpatient medical service or a pharmacy services company, clients get dedicated and tailored insurance solutions.
What distinguishes us is our focused, dedicated, and holistic approach to being a longtime committed partner to our healthcare industry clients — an approach that fosters collaboration, drives innovation, and provides clients with integrated insurance solutions, no matter how complex the need.
Chubb’s risk engineers and underwriters work diligently to stay on top of trends and best practices in the ever-evolving healthcare landscape to help innovate and customize policies, and our adjusters have an average of more than 10 years of health industry experience. Further, our broad and comprehensive portfolio provides the flexibility and convenience to meet client needs from one carrier — a carrier with long-term financial strength and stability.
Yes. Today’s healthcare organization exposures range from cyber-attacks to equipment failure, from widespread infection to on-site violence. We have specially trained risk engineers and loss control specialists who, at the request of a client or underwriting team, can provide customized services to identify specific risks and evolving exposures, and help create strategies for mitigation.
Medical professional, general and excess liability for:
Hospitals & integrated healthcare systems
Outpatient medical facilities
Directors and officers liability
Employment practices liability
Property, builders’ risk
Boiler & machinery
Commercial automobile Environmental Construction ESIS, third party claims administration Aerospace, heliport & non-owned aircraft Surety Accident and health
INSIGHTS & RESOURCES
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