OneBeacon Healthcare Group is excited to announce that our enhanced Physician Group coverage form is now available. Physician groups have undergone unprecedented changes over the past several years. OneBeacon is prepared for these changes by offering up-to-date coverages and an expanded appetite.
- Can consider physician group accounts with a minimum premium of $50,000
- Multi-specialty and multi-state risks are eligible for coverage
- Per physician limits with a separate limit for the entity
- Consent to settle with the first named insured
- Coverage available for certain legal defense proceedings, HIPAA proceedings, and regulatory billing errors proceedings
- And more
To learn more about the enhanced coverage for physician groups, please visit onebeaconhc.com.
This week, the 13th Annual Directors and Officers (D&O) Liability Insurance ExecuSummit took place in Uncasville, CT, and OneBeacon was there! ExecuSummit participants are in the forefront of the D&O Insurance industry, monitoring and researching emerging issues and trends, and bringing this strategic intelligence to attendees as it is developing.
This year, Financial Institutions’ Christopher Luca co-chaired the event. Additionally, he and Financial Institutions’ Claims Robert Usinger participated on a panel titled, “Activist Investments and Claims in the Hedge Fund Space.” This panel discussed recent trends and exposures that are unique to the hedge fund space, as well as potential emerging issues.
Also part of a panel discussion this year was Enterprise Underwriting’s Ryan Sardelli. “The State of the D&O Marketplace” encompassed carrier competition, business segments like public, private and non-profit, specific classes of business, international exposures and trends.
OneBeacon Healthcare Group’s Sarah Logue and Linda McSmith are speaking at the 2017 Ambulatory Surgery Center Association (ASCA) conference in Washington D.C. this week.
Their session, “Protect Your ASC by Evaluating Its Insurance Coverages,” outlines key objectives and strategies to help evaluate current insurance coverages and considerations for the next insurance renewal season. Each insurance policy or coverage option that is signed offers an opportunity to protect a facility’s assets. Reconsider the way risks are looked at and treated in an ASC.
Thursday’s presentation will help demonstrate strategies for leaders to implement that may affect the way they look at and treat risks in their organization.
Senior Vice President and Risk Manager Patty Hughes is participating today on a panel titled, “Risk Managing Midwifery Practices,” at the New England Regional Healthcare Risk Management Conference in Mystic, CT.
The practice of Midwifery is thousands of years old and still evolving. In the U.S. there are Licensed Midwives, Certified Nurse Midwives, Certified Midwives, Certified Professional Midwives, Direct Entry Midwives and Traditional Midwives. According to the Midwives Alliance of North America, slightly more than 10% of births in the U.S. are attended by midwives. Midwives may practice in private homes, clinics, birth centers, and hospitals, and in addition to maternity care they provide primary women’s health care. The panel will examine the growing use of midwifery practices, the risk associated with them and potential strategies to mitigate risks.
Patty is also exhibiting at the conference, so be sure to stop by to say hello!
A.W.G. Dewar’s Chairman, Dana Tufts, recently received an award from the National Business Officers Association for Outstanding Support of Independent Schools. This award is given to individuals who have generously supported independent schools and their business officers. Dana quickly noted that the recognition was truly a team effort and that he accepted on behalf of the entire Dewar team. By receiving this award, it shows that the Dewar team has done an exceptional job developing strong relationships with their clients in the independent school industry.
Dana and his team are proud to accept this award, as Dewar has been a supporter of NBOA since its inception. Congratulations!
Click here for full article on Dewar’s achievement.
Atlanta partners! We are hosting a OneBeacon Product Fair on May 9, at Maggiano’s Little Italy Restaurant at the Perimeter Mall.
Join us for appetizers, drinks and networking to learn more about our products and services and to meet OneBeacon underwriting teams from:
- International Marine Underwriters
- Financial Services
- Government Risks
- Management Liability
- Specialty Property
We look forward to seeing you there. Register today!
This week, OneBeacon Technology’s Chris Moede is representing our team at the Technology Councils of North America (TECNA) annual CEO Summit. Yesterday, he provided a brief overview of our capabilities and the targeted risk management opportunities available for TECNA members. We appreciate the opportunity to attend and network with our industry partners!
OneBeacon Healthcare Group is headed to Chicago this week to attend the annual PLUS Medical PL Symposium. We look forward to seeing you there!
On Wednesday morning Patricia Hughes, Senior Vice President of Risk Management, will participate on a panel titled, “Bitter Pill to Swallow: The Painful Liability Exposures Presented by Opioids.” This panel will examine how opioid use is a national crisis in the United States with multidimensional implications for healthcare providers, employers, law enforcement, patients and families. A $17.6 million dollar verdict against a physician and his employer spelled out how expensive this emerging exposure is becoming. The panel will explore the issues involved and solutions needed to be better equipped to address this ominous trend in medical professional liability.
Check out our updated infographic with even more reasons why OneBeacon is a special place to work.
After-hours networking for Technology Risk Control Manager Tushar Nandwana recently meant sharing insights on the fast-developing state of artificial intelligence. Tushar was among several speakers featured at the Electronic Components Industry Association (ECIA) Regional Series in Phoenix. His technology underwriting colleague Denise Oppelt was also there, along with Nate Call from USI Phoenix (pictured below). Visit the ECIA website for insights on this association and the Regional Series.