healthcare industry insurance News

Vantage Expands Into Healthcare, Excess Casualty in Bermuda, U.S.

Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty. Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its Bermuda company, Vantage Risk Ltd. Vantage has since …

Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice

Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible for the delivery of health care risk management knowledge, expertise, and transactional services to clients across the U.S. Norris joins …

Agents’ Opportunity in Growing Urgent Care Market Starts with Knowing Key Risks

Over the past decade, urgent care facilities have emerged as popular, convenient and cost-effective alternatives to primary care physicians and hospital emergency rooms. The number of urgent care facilities in the United States has grown exponentially and now represents an …

Chubb Launches Healthcare Industry Practice, Taps Clouser to Lead

Chubb has launched a new industry practice providing insurance coverage and risk management options to the healthcare marketplace. Chubb’s Healthcare Industry Practice will offer a range of insurance products and services for healthcare customers, including hospitals, physicians, long-term care facilities, …

Medical Professional Insurer Market Prepped for Consolidation: Fitch

The medical professional liability insurance market continued its years-long decline in 2014 in terms of net written premium volume, hammered by forces including worsening accident-year results and a rapidly evolving healthcare market, Fitch Ratings found. Despite its challenges, the MPLI …

CGS&C’s New MGA Targets U.S. Healthcare Industry with Lloyd’s

Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry. The new venture, Pro-Praxis Insurance, will be led by Robert Allen who has 25 years of experience in the industry, …