QBE North America, a division of Australia-based QBE Insurance coverage Group, has unveiled its new healthcare legal responsibility follow.
The brand new follow will concentrate on addressing the particular insurance coverage wants of healthcare organisations, and features a devoted crew and core merchandise.
As a part of the launch, the insurer has launched its flagship miscellaneous medical legal responsibility product, the first in a sequence of tailor-made options for healthcare professionals.
The miscellaneous medical legal responsibility coverage encompasses a broad spectrum of coverages.
These embrace worker advantages legal responsibility, errors and omissions, extra/umbrella protection, common legal responsibility, bodily and sexual misconduct legal responsibility, skilled legal responsibility, and tech and media legal responsibility.
QBE senior vice-president and head of healthcare legal responsibility John Livatino stated: “With our healthcare legal responsibility follow, we see an incredible alternative to leverage the in depth expertise of our crew that’s grounded in knowledgeable underwriting to satisfy the distinctive wants of our complicated prospects. It can enable us to deepen our relationship with brokers and supply the pliability to supply tailor-made options to purchasers.”
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The launch follows a major improve in QBE’s 2023 internet revenue and the appointment of a brand new head of North America well being follow at QBE Re.
In 2023, QBE’s internet revenue after revenue tax soared 130.8%, reaching $1.35bn from $587m in 2022.
The insurer’s gross written premiums additionally noticed an uptick, amounting to $21.74bn in contrast with $19.99bn within the previous yr.
In January, Amanda Lupkin was named vice-president and head of the North America well being follow on the reinsurance unit.
