ACE USA Expands Coverage for Hospitals and Miscellaneous Healthcare Facilities
Affording First Dollar Reimbursement for Expenses that Medical Entities May Incur due to an Unplanned Adverse Event

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operations of the ACE Group, today announced the introduction of four new coverage endorsements to include: Media Event Expense, Disciplinary Proceeding Defense, Emergency Evacuation Expense, and Patient Property Damage, by its ACE Medical Risk & Life Sciences Division. The new endorsements are designed to supplement ACE’s current Primary Hospital and Miscellaneous Healthcare Facilities Professional and General Liability product offerings. In addition, the endorsements provide reimbursement for unplanned expenses that these entities may incur when a harmful event happens.

“ACE continues to demonstrate its commitment to the unique specialty coverage needs of the healthcare industry,” said Caroline Clouser, Executive Vice President, ACE Medical Risk & Life Sciences. “We are pleased to offer these additional coverage endorsement options to help alleviate concern among hospitals and healthcare facilities as they seek to mitigate risks in the face of an unforeseen event. The new endorsements help to provide peace of mind for the facilities and their patients in the event that any of these unanticipated incidents may occur.”

The new endorsements include the following coverages and benefits:

Media Event Expense Coverage Endorsement:

Provides reimbursement limits up to $25,000 for expenses incurred by the insured as a result of a media event. The endorsement helps a facility mitigate the financial and reputational risk associated with negative media attention or publicity resulting from an incident, claim or investigation.

Disciplinary Proceeding Defense Coverage Endorsement:

Provides reimbursement limits up to $20,000 for expenses incurred by an insured in the course of a disciplinary proceeding. The endorsement provides reimbursement for legal fees and expenses required to defend an insured provider if an investigation, proceeding or other pending matter is instituted by a federal or state professional licensing board against the insured.

Emergency Evacuation Expense Coverage Endorsement:

Provides reimbursement limits up to $25,000 for expenses incurred by the insured as a result of an emergency evacuation of the premises. The coverage endorsement helps to decrease the financial impact of an emergency situation that requires an evacuation of patients. Reimbursement is available for certain expenses incurred as a result of the evacuation, including the costs associated with the transportation and relocation of patients.

Patient Property Damage Coverage Endorsement:

Provides reimbursement limits up to $5,000 for property damage to patient’s personal property while the patient is being treated at the facility. The endorsement helps defray the cost of claims by patients for lost, stolen or damaged articles.

The aggregate limit of insurance for the various endorsements is separate from and does not erode the professional liability or general liability limits of insurance. Further, the limits are not subject to any policy deductibles.

ACE Medical Risk and Life Science’s liability offerings include primary and excess medical professional liability for hospitals, and miscellaneous healthcare facilities, and managed care errors and omissions coverage. In addition, ACE offers products liability for clinical trials, biotechnology, and specialty pharmaceutical companies, as well as a comprehensive package policy that includes property, auto and crime coverages through its Life Sciences unit. To learn more about ACE’s Medical Liability products and services, please visit our website.

Insurance is provided by insurance companies within the ACE Group. The product information above is a summary only. The insurance policy actually issued contains the terms and limits of the contract. Products may not be available in all locations and remain subject to ACE Medical Risk’s underwriting criteria and applicable rates. For more information please contact Bret Spicer at or call (913) 491-2052, orvisit our website.

ACE Medical Risk & Life Sciences is part of ACE USA, the U.S.-based retail operating division of the ACE Group, headed by ACE Limited, and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at:


ACE North America Communications
Carla Ferrara, 215-640-4744