Insurance:
ERS Healthcare Liability Insurance - Bermuda
Endurance Risk Solutions (ERS) - Bermuda
Working with major retail and wholesale brokers, Endurance Risk Solutions focuses on large accounts with sophisticated risk management practices and high retention limits. Offering multiple attachment points and broad underwriting and claims capabilities, we deliver risk solutions effectively and responsively.
Overview
Endurance's Healthcare Liability Practice offers third party excess liability coverage for hospitals.
The Healthcare Liability Practice can provide either direct insurance or reinsurance to captive insurance companies. We target sophisticated purchasers who assume a large portion of their own risk, practice strong clinical risk management and claims management, and purchase large limits. We, like our clients, value long-term relationships.
Target Clients
- Multi-hospital systems
- Academic medical centers
- Pediatric and other specialty hospitals
Product
Capacity
- US$25M capacity
TARGET Attachment
- Attachment points and programs customized for each client
Policy Forms
- Flexibility in form
Coverage Features
- Affirmative punitive damages covered
- Follow form or stand-alone excess
- Risk mitigation recognition program
Underwriting/ Claims Capabilities
- Extensive captive experience reinsuring more than 90 healthcare captives
- Healthcare specific claims expertise in place
- Claims data base with over 2.0M data points
Submission Requirements
- Signed Application
- Minimum 10-years historical ground up, uncapped, individual loss data
- 10-years prior exposure data
- Audited financial statements including captive or self-insured trusts
- Description of claims, quality and risk management departments
- Latest actuarial study
Marketing Materials
Contact Information
Kimberly Morgan
Senior Vice President, Healthcare Practice Leader
Tel No. +1 441-278-0923
kmorgan@endurance.bm
Brian Menges
Senior Underwriter, Vice President, Healthcare
Tel No. +1 441-278-0459
bmenges@endurance.bm
Submissions/Meeting Requests: healthcare@endurance.bm
Location:
Endurance Specialty Insurance Ltd.
Wellesley House
90 Pitts Bay Road
Pembroke, HM 08, Bermuda
Tel No. +1 441-278-0400
Fax No. +1 441-278-0401