“Some of the recent market losses have come from some of the highest quality facilities, despite the fact that they have excellent


leadership, risk management and in-house claims teams.”


             





 


            


DOES THE PRICE REFLECT THE RISK?


                   


                       


Justin Keith is vice president of Hiscox Bermuda. He can be contacted at: justin.keith@hiscox.bm


The risks of managing hospitals are complex. The solution is simple.


Pro-Praxis Insurance is an underwriting management agency dealing exclusively with the risks faced by hospitals, physicians, allied health facilities and clinical research organizations. By offering unique access to the security, capacity and capability of insurers both in the U.S. and at Lloyd’s, our hospital clients are able to get highly rated lead umbrella and excess liability coverages with limits up to $35 million, depending upon the specifi cs of the exposure.


Pro-Praxis is capitalized by CGSC (Cooper Gay Swett & Crawford), one of the world’s largest independent global wholesale and reinsurance brokers.


To make protecting your facility simpler, please visit us at www.propraxisins.com


Annual 2014 | HEALTHCARE RISK MANAGEMENT REVIEW | 59


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