Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment.
Reflecting the industry’s widespread consolidation, the policy provides a definition of insured, which encompasses new entities acquired or created by the named insured. The policy’s contractual liability coverage section specifically addresses accountable care organizations, and the policy includes coverage for clinical trials in the definition of professional medical services.
The policy also provides business crisis and reputation protection benefits tailored for healthcare customers.
Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines insurance and programs for customers across the U.S. It underwrites on the paper of Berkshire Hathaway’s National Indemnity group of insurance companies. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Chicago, Los Angeles and New York.