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Premier Insurance Establishes Professional Liability Insurance Program

Program offers risk management plans intended to each hospital, targeting reductions in risk and improvements in patient safety

Premier Insurance Management Services (PIMS) has announced a new professional medical liability insurance program. It is likely to offer risk management and hospital medical malpractice protection to not-for-profit hospital members of the Premier healthcare alliance.

PIMS, a wholly-owned subsidiary of Premier, has selected Medical Protective, a part of the Berkshire Hathaway Group of businesses, as its partner for this sponsored liability program.

The program offers customised risk management plans. They are intended to each hospital, targeting reductions in risk and improvements in patient safety through risk management tools, resources, education and other solutions designed to reduce exposures.

The program is geared towards community-based acute care hospitals, including critical access, general acute care and specialty (orthopedic, children’s, cardiac, behavioral health), which have a deductible or retention of not more than $500,000 in select targeted states.

PIMS offers contracted management services for American Excess Insurance Exchange, Risk Retention Group (AEIX). The company is attorney-in-fact for Premier Insurance Exchange, Risk Retention Group (PRx).