Shand Morahan & Co., Inc. and AVRECO recently announced a partnership in a new risk management program aimed at Midwest hospitals. The Heartland Healthcare Hospital Program (3HP) offers Midwest community hospitals with fewer than 150 beds comprehensive professional liability insurance that includes a risk management component.
Emmi was created by Emmi Solutions LLC, and provides access to web-based interactive programs that help hospitals reduce claims and promote patient safety.
Shand provides the new Heartland Healthcare Hospital program with claims-made insurance coverage with limits of $1million/$3 million per location, and a $5,000 minimum deductible. Companion coverage is also available, including staff physicians, errors and omissions and long-term care. In addition, Shand Morahan will contribute 2 percent to each participating hospital to offset the cost of the Emmi programs.
AVRECO has offices in Chicago and California, and identifies itself as one of the largest independent insurance wholesalers in the United States. AVRECO specializes in niche business, including medical malpractice and professional liability insurance.
A subsidiary of the Markel Corporation, Shand Morahan & Company, Inc. underwrites coverages tailored to offer insurance solutions for highly specialized professionals including medical professionals and others.
Source: AVRECO
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
