Allied medical

Allied Medical Coverage: Make Sure Your Clients Have the Complete Diagnoses

By 2040, seniors with disabilities will expand from 10 to 20 million. With an aging population comes a growing demand for healthcare resources – both technological and professional – stretching the service limits of hospitals, health care centers and medical facilities. Make sure your medical facilities and healthcare professional clients have the complete diagnoses when…

How Medical Liability Insurance is Changing

The elderly population is booming, set to double in size by 2050.1 As this increase occurs so will the number of facilities needing Allied Medical policies, including: medical clinics, hospice care, healthcare staffing, and adult day care facilities. Currently, premiums written in the property and casualty industry for Allied Lines equates to more than $9.1 billion,…

Baby Boomers Grow Allied Medical Capacity

Roughly 10,000 Baby Boomers will turn 65 each day for the next 17 years—and that means an increase in healthcare staff will be needed to meet the growing demand. “By 2040, aging seniors with disabilities will expand from 10 million to 20 million,” says Karl Olson, Vice President, Professional Liability Regional Practice Leader, Burns &…

Coverage Check-Up

Reaching into the case files to arm brokers and agents with valuable insights on the rapidly evolving healthcare field The healthcare industry is one of the fastest-growing sectors of the economy. As the industry’s employment and service capabilities evolve and diversify, so do the risks faced by medical professionals. Here Karl Olson, Vice president, Professional…

Healthy Outlook

Two underwriting experts take the pulse of the medical professional liability market under the Affordable Care Act Insurance Market Source regularly taps its network of experts for insight into key trends and developments across the insurance landscape. Here Ken Rice, Director of Underwriting, Atain Insurance Companies, and Michael Muglia, Underwriter, Burns & Wilcox Professional Liability…

Three Ways Eldercare Can Boost Your Business

As America watches the drama of healthcare play out on its political stage, one thing will remain certain regardless of its fate: Insuring the people who care for the elderly will always present its own set of challenges. Not surprisingly, the eldercare industry and home healthcare has become a burgeoning area of growth. It’s a…

Urgent Care

Urgent Care: Medical Liability Coverage Gaps

How the health care overhaul is exposing huge medical liability coverage gaps – and huge opportunities for intrepid agents Is there such thing as a bulletproof sector of the economy? Maybe. When times are tough, people may delay vacations, rein in their discretionary spending, downsize their living arrangements, even postpone higher education. But however bad…