The MiscMed product covers medical professional liability exposures for a spectrum of healthcare-related businesses. This includes more complex risks that fall around the fringes of the healthcare sector, including search-and-rescue providers, humanitarian aid organizations, and social services, Beazley said.
“In this area we have a robust appetite and are able to use our extensive experience and risk insight to develop improved coverage for hard-to-place risks,” said John Livatino, focus group leader for US miscellaneous medical and life science at Beazley. “As with everything we do at Beazley, this new modular policy keeps brokers front of mind – our coverage is organized in line with industry standards, providing them with the flexibility needed to provide a bespoke solution for their clients.”
Features of the new product include:
Read next: Beazley releases trading statement for Q1
The streamlined MiscMed product is now available in the US and London markets.
Beazley also recently released a refreshed US public directors and officers wording. The company also recently reported its strongest underwriting growth since 2016.
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