OneBeacon Unveils New Hospital Coverage

OneBeacon Professional Partners, a member of OneBeacon Insurance Group, announced a new professional liability solution for hospitals seeking flexible and creative risk management.

Among the product's specialized protection and features are: a broad definition of claim and incident triggers; a policy form that includes defense outside of the limits of coverage; punitive damages coverage; insured vicarious liability coverage for medical services by nonemployed practitioners; flexible deductible/retention options; built-in sublimits for evacuation expense and legal/media expense; and much more. In addition, it features nontraditional structures such as: multiyear policies; stretched aggregates; loss-sensitive placements and manuscript policy forms.

Tailored risk management services are another key feature of this powerful solution.

For more information about OneBeacon Professional Partners' Hospital Professional Liability solution, visit www.onebeaconpro.com > Products > Medical Malpractice > Hospital Professional Liability.