Healthcare Industry Practice Chubb’s Prescription for Managing Risk
The stakes are high for healthcare organizations. The industry is rapidly changing and organizations face a complex spectrum of risks. At Chubb, we understand these challenges and can help you efficiently manage them.
Client Profile
For more than 25 years, healthcare organizations have relied on Chubb for insurance products and services that provide an effective insurance program for managing their risk. We have a broad appetite, and serve a wide range of organizations—from an assisted living facility to an urgent care center to a nationally recognized children’s hospital.
A sampling of our healthcare customers includes:
Long Term Care Facilities Hospitals and Healthcare Systems
• Skilled Nursing • Acute Care Hospitals • Assisted Living • Teaching Hospitals • Independent Care • Children’s Hospitals • Continuing Care Retirement Communities • Specialty Hospitals, including Behavioral Health, Critical Access, Rehabilitation, Sub Acute Managed Care Errors & Omissions • Healthcare Systems • Integrated Delivery Systems • Accountable Care Organizations • Health Maintenance Organizations • Preferred Provider Organizations Outpatient Medical • Independent Practice Associations • Physician Hospital Organizations • Free Standing ER’s • Utilization Review Organizations • Employer Based Health Centers • Disease Management Organizations • Urgent Care Centers • Consumer Directed Health Plans • Blood/Tissue and Organ Procurement • Management Service Organizations • Community Health Centers • Pharmacy Benefit Companies • Pharmacies • Health Insurance Exchanges • Physical and Occupational Rehab Insurance Protection Built For A One-stop Shopping — Chubb is a “one- Global Reach — With offices in 54 Dynamic Industry stop shop” with a broad portfolio of tailored countries, our global network has the insurance products and services that ability to write admitted insurance Healthcare institutions require an insurer enables healthcare institutions to address coverage in over 200 countries. This with experience in handling their unique their insurance needs with one carrier. is critically important for US-based and evolving exposures. Chubb responds healthcare organizations that have Superior Claims Handling — Nothing with a comprehensive portfolio of operations outside the country—whether is more important than providing tailored insurance products. it’s international locations or simply the highest quality of service to our employees, students or volunteers Property & Casualty Solutions customers when they have a claim. At traveling overseas for training or to • Medical Professional & General Liability Chubb, we have the expertise and scale to provide medical services. • Property handle claims of all sizes and complexity. • Environmental Our dedicated adjusters have on average Financial Strength — A promise to pay • Cyber more than 10 years of healthcare industry is only as good as the insurer’s ability to • Equipment Breakdown experience. They provide a wide array pay. Chubb is the world’s largest publicly • Builders Risk of claims and consultative services, and traded Property & Casualty company, • Primary & Excess Construction work with a network of leading attorneys. and is rated A++ by A.M. Best and AA by • Automobile Our advanced technologies—including Standard & Poor’s. Our customers can • Excess Workers Compensation – Loss ESIS Global RiskAdvantage® and ESIS be confident that their organizations are Sensitive Programs Excess Advanced Analytics in ActionTM —further insured by a financially secure company. • Foreign enhance the claims handling process. • Heliport & Non-Owned Aircraft Risk Engineering — Our customized Learn More Financial & Management Solutions risk engineering services address the • Directors & Officers Liability wide range of concerns facing healthcare Consider the advantages of Chubb’s value • Employment Practices Liability organizations today with timely access proposition for healthcare organizations. • Fiduciary Liability to information about evolving risk Then talk to your agent or broker. You may • Crime exposures. To provide the right fit for also visit us online at www.chubb.com. • Kidnap/Ransom each individual organization, the services • Surety can be delivered onsite, online, or via telephone hotline. Claims and Services Contact • ESIS® – Risk Management Services and Some specific examples of services we offer: Third Party Administrator Bret Spicer • Risk Engineering Vice President, Chubb Healthcare 913.249.6907 [email protected] Clinical assessments Best practice Why Chubb? implementation Program Disaster recovery Expertise & Tailored Solutions — We improvement and business draw on more than 25 years of insuring reviews continuity planning healthcare institutions. Our underwriters Patient safety Jurisdictional and risk engineers have deep industry program evaluations inspections knowledge and work diligently to stay on Accreditation Education on topics top of trends to help manage the ever- and regulatory such as regulations, increasing complexity of healthcare risks. compliance antitrust and ACA With this knowledge our team is able to assistance deliver customized insurance programs for our healthcare customers no matter the size of the organization or complexity of the risk.
Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at www.chubb.com. Insurance provided by ACE American Insurance Company and its U.S. based Chubb underwriting company affiliates. All products may not be available in all states. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Surplus lines insurance sold only through licensed surplus lines producers. Chubb is the world’s largest publicly traded property and casualty insurance group. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to adverse group of clients. Chubb Limited, the parent company of Chubb, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Copyright ©2017 02/2017