Ironhealth enhances healthcare professional liability coverage


Ironhealth has strengthened its healthcare professional liability (HPL) coverage by increasing limits to $50 million and expanding the scope of its coverage to include exposures associated with a post healthcare reform environment.

The company said that the enhance coverage can include individual limits for employed or affiliated physicians and, in the case of hospitals themselves, address any managed care exposures within their systems to protect against heightened exposure inherent with value-based contracts.  

IronHealth has also augmented the services it provides insureds. When underwritten as a primary or lead excess HPL policy, where the insured has a self-insured retention, IronHealth can assume responsibility to report on behalf of the policyholder by serving as a Medical Mandatory Insurer Reporting (MMIR) agent to ensure seamless accountability in the self-insured portion of a claim.

In addition, IronHealth’s existing HPL program provides each insured with a stipend that can be used for the purchase of risk management products and services from their providers of choice.  The enhanced HPL product also allows an insured to use its “risk management stipend” to defray the cost of data analytical resources related to certain quality and safety initiatives.  

Commenting on the changes, Matt Dolan, president of IronHealth says: “Unrelenting financial pressures, combined with healthcare reform, have triggered tremendous change in how healthcare providers and payors are organized to effectively deliver and finance quality patient care.”

“Recognising what clients face in this evolving healthcare environment, IronHealth will offer responsive capacity along with innovative liability insurance solutions and services.”


IronHealth, Ironshore, healthcare, insurance, US

Bermuda Re