ACE USA Expands Coverage to Address Growing Trend of Hospital and Physician Integration

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operations of the ACE Group, through its Medical Risk Group, today announced the introduction of a wide range of physician professional liability insurance products and coverage solutions in support of hospitals and healthcare facilities for their employed physicians, and their owned or affiliated medical groups. Product offerings include companion primary physician professional liability policies, fronting capabilities for primary physician professional liability policies, reinsurance of physician professional liability policies issued by healthcare facility captives, and uniquely structured integrated hospital and physician insurance program designs that may include separate or shared retentions and policy limits.

The physician professional liability insurance coverages are available for hospitals, healthcare facilities and Accountable Care Organizations (ACO) providing insurance or alternative risk financing solutions to their employed physicians, or owned or affiliated medical groups.

“With the increased economic pressures faced by hospital systems and Accountable Care Organizations to more efficiently align physicians and medical groups, the need to provide insurance solutions for hospital-physician integration has become a priority,” said Caroline Clouser, Executive Vice President, ACE Medical Risk Group. “We are pleased to be able to offer this expanded coverage to meet the growing needs of both hospitals and physicians to support the changing delivery of high quality healthcare.”

Product Highlights of the companion Primary Physicians Professional Liability policy* include:

  • Separate limits of liability each physician and corporate entity
  • Defense expense in addition to policy limits
  • First dollar coverage (no deductible) or deductible options
  • Individual tail coverage or group rolling tail coverage for departed physicians
  • Consent to settle provision
  • Professional Legal & Audit Defense Coverage
  • Full claims capabilities to support companion primary physician primary policies

Benefits of an integrated or coordinated hospital / physician insurance program include:

  • Common insurance or reinsurance partner for both the healthcare system and their employed, owned or affiliated physician groups
  • Joint or coordinated defense provides greater control and cost containment of joint claims
  • Coordinated risk management support services
  • Integrating physician insurance into an integrated self-insurance or alternative risk financing mechanism may offer lower cost compared to traditional insurance
  • Backed by the ACE Group’s financial strength and excellent reputation

*This coverage is currently not available for stand-alone medical groups that are not owned by or affiliated with an ACE insured hospital or healthcare system.

ACE Medical Risk Group, a division of ACE USA, provides primary and excess medical professional liability for hospitals, miscellaneous healthcare facilities, and managed care errors and omissions coverage. In addition, ACE offers products-completed operations liability for clinical trials, biotechnology, and specialty pharmaceutical companies, as well as a 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. All products may not be available in all jurisdictions. The product information above is a summary only. The insurance policy actually issued contains the terms and limits of the contract.

ACE USA is 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 at 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