Beazley upgrades MiscMed product

Specialist insurer Beazley has streamlined its miscellaneous medical liability insurance product for both the US and London markets.

The cover provides protection for medical professional liability exposures arising out of a wide range of healthcare-related businesses. This includes the more complex risks that can fall in the grey area of healthcare – such as search and rescue providers, humanitarian aid organisations and social services.

John Livatino, focus group leader, US miscellaneous medical and life science at Beazley, commented: β€œIn 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. As with everything we do at Beazley, this new modular policy keeps brokers front of mind: our coverage is organised in-line with industry standards, providing them with the flexibility needed to provide a bespoke solution for their clients.”

The new cover now features simplified policy documentation; added errors and omissions; separate sexual/physical misconduct module to provide a distinct tower of coverage; and enhanced coverages built into base form, requiring fewer endorsements.

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