Markel Corp. has launched a new umbrella product for Allied Healthcare accounts.
This product will serve as a lead umbrella policy over eligible Allied Healthcare lines such as hospitals, medical labs, pharmacies, surgery centers and clinical trials up to $10 million in capacity.
Coverage is written on a surplus lines basis through Evanston Insurance Co. (Essex Insurance Co. in Illinois and New Hampshire). This product can be written over Markel primary claims made professional coverage or over primary claims made professional coverage written by other carriers with an A.M. Best rating of A- VI or better.
Markel Medical Umbrella coverage is accessible through Markel’s network of appointed wholesale brokers.
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
How Niche Insurance Shielded Bad Bunny From Bad Weather
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 

