Integro launches health care errors and omissions coverageReprints
Integro Ltd. on Monday said it has launched professional liability/errors and omissions insurance coverage for U.S. health care institutions.
The coverage is designed to protect health care institutions with self-insured professional liability programs from exposures in medical malpractice claims administration, New York-based Integro said in a statement.
The coverage is underwritten by London-based Cove Program Underwriters and features limits of up to $5 million. It provides protection for health care entities and its claim staff against claims alleging bad faith, deceptive claims practices and failure/negligence in providing professional services of claims handling, adjusting and underwriting, Integro said in a statement.
“This product has been designed to address growing exposures faced by health care entities self-insuring. In a sector that continues to see mergers and acquisition activity, the heightened exposure faced by those with in-house claims and underwriting functions increases,” London-based Scott Simmons of Cove Program Underwriters said in the statement.