Old Republic Risk Management was approached by the broker for a leading health care service company to address their dissatisfaction with the existing carrier. The company desired large deductible general liability and auto liability policies with some unique coverage forms. As discussions unfolded, the insured also desired some professional liability coverage. The existing carrier was not willing to amend their standard coverage forms to the insured’s satisfaction.
We met with the company and broker to fully discuss the underlying coverage issues. Senior Old Republic underwriting personnel drafted coverage forms that would solve the company’s coverage issues and put forth attractive proposal terms for premium and collateral that allowed the company to move their liability policies to Old Republic. Subsequent to the insured binding the coverages, additional liability policies were issued to help solve contractual issues for one of the company’s subsidiary companies.
In the end, we helped both the company and broker solve their insurance coverage problems. This serves as a prime example of how Old Republic listens to the insured’s concerns and delivers a customized solution to fit your company's needs.