Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. Announce Rural and Specialty Hospital Program
April 16, 2013, CHICAGO, IL – Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. today announced a new liability insurance program specifically for U.S. small rural and specialty hospitals.
The program features a seamless claims management process and a risk management component provided by Pendulum, LLC and The Sullivan Group. Coverage is Claims Made Hospital Professional Liability and Claims Made or Occurrence General Liability. Minimum premium is $10,000; primary limits of $1 million/ $3 million are available, in addition the program offers up to $5 million / $5 million in excess coverage. Innovative coverage extensions such as Medicare/Medicaid Billing Errors & Omissions are available on a risk by risk basis.
RSG’s Sapphire Blue CEO Kieran Dempsey says, “We are pleased to announce this exclusive, new program with Catlin, a Lloyd’s leader in hospital professional liability. The smaller rural and specialty hospitals in the U.S. have had a difficult time for many years finding the appropriate coverage at a reasonable price. This exclusive program is highly competitive in both rates and coverage.”
Catlin Underwriting Agencies Head of Casualty Dan Curran adds, “In collaboration with Sapphire Blue, we are offering the U.S. market products and services that will enable smaller hospitals in rural areas to take advantage of the kinds of risk management services typically available only to larger entities. Further, the culture fit with Sapphire Blue is excellent. We know from experience the best insurance products and services are the result of long-term relationships with clients and expertise in niche markets. Sapphire Blue has those relationships and specialty expertise, and we’re optimistic about going forward together with this great new program.”
For more information on this release, contact Chelsey Krull, (312) 784-6043, firstname.lastname@example.org.
About Ryan Specialty Group, LLC and Sapphire Blue
Ryan Specialty Group, LLC is a global holding company which includes Sapphire Blue and other highly-specialized underwriting companies, a Lloyd’s insurer and specialty services designed specifically for agents, brokers and insurers. www.ryansg.com
About Catlin Group Limited and Catlin Underwriting Agencies Ltd.
Catlin Group Limited (‘CGL’; London Stock Exchange) is a Lloyd’s international specialty property/casualty insurer and reinsurer, which includes Catlin Underwriting Agencies Ltd. The company writes more than 30 classes of business worldwide through six underwriting hubs located in London, Bermuda, the United States, the Asia-Pacific region, Europe and Canada. www.catlin.com