Property/casualty insurer
Chubb announced Wednesday the launching of a healthcare industry practice. The practice will serve the insurance and risk management needs of hospitals, physicians, long-term care facilities, managed care providers, and other similar healthcare facilities and operations.
The insurer has appointed Caroline Clouser, the executive vice president of Chubb Healthcare, to lead the practice.
“The integration of physicians’ shifts in payment models, new medical treatments and technologies, changing regulations, and merger and acquisition activity are driving health care transformation and are challenging the industry to find new and creative risk management strategies and coverage options to help protect itself against significant liability exposures. Our industry practice is uniquely positioned to address these challenges with a comprehensive portfolio of products and services,” Clouser said in a statement.
Clouser will be based in Philadelphia and will answer to Chubb North America Major Accounts Division president Chris Maleno. Under her command is a team of healthcare underwriters, risk engineers, service specialists and regional distribution leaders across multiple lines of business.
According to the company’s statement, the practice will offer medical professional liability coverage, management liability coverage, privacy & network security coverage, environmental coverage, accident & health coverage, and surety coverage.
