Health Care Liability Insurance
Health Care Liability Insurance & Risk Management
Pennsylvania has long been a pioneer in health care. Pennsylvania Hospital, founded in 1751 by Benjamin Franklin and Thomas Bond, was the nation’s first hospital and home to the first surgical amphitheater and first medical library in America. Today, the region’s health care providers continue innovating and breaking new ground. Gilbert’s Risk Solutions has been proud to insure health care businesses throughout our seven-generation history.
Gilbert’s Risk Solutions provides insurance, risk management, and employee benefits for a wide variety of health care businesses. We’re experienced in the many challenges of this highly regulated sector, from HIPAA and bloodborne pathogens to the heightened risk of data breaches and patient safety.
While we’re proud to call Pennsylvania our home, we’ve helped businesses all across the country manage their risk, and we look forward to helping you too, no matter where you call home.
Risks Unique to the Healthcare Sector
Health care businesses face a complex array of liabilities unlike other industries: medical professional liability (also called health care professional liability insurance), HIPAA compliance exposure, cyber risk, and workers’ comp challenges specific to clinical environments. Our expert team of risk managers, loss control experts, and claims professionals are well-versed in these unique exposures.
HIPAA and Compliance Considerations
HIPAA compliance carries real financial stakes — a data breach can mean significant regulatory penalties on top of the cost of notification and remediation. This is where health care risk intersects directly with cyber liability, since a breach of patient records often triggers both compliance exposure and cyber-related costs. Learn more about our Cyber Liability Insurance.
Coverage Solutions for Health Care Organizations
Health care businesses face a complex array of liabilities and exposures unlike other types of businesses while operating in a dynamic and changing health care landscape.
Common Insurance Coverage Options for Health Care:
- Medical Professional Liability
- Commercial General Liability
- Commercial Property Insurance
- Commercial Auto Insurance
- Excess and Umbrella Insurance
- Workers’ Compensation
- Employment Practices Liability
- Cyber Liability Insurance
- Errors & Omissions
- Equipment Maintenance
- Pollution & Environmental Liability
- Crisis Event Coverage
- Surety Bonds
- Employee Benefits
Types of Health Care Organizations We Serve
- Nursing homes and assisted living facilities
- Hospitals and clinics
- Doctor and dental offices
- Laboratories
- Pharmacies
Our Goal Is to Be Your Outsourced Risk Management Partner
Whether it’s infection control, complying with patient privacy mandates, or addressing staff lifting injuries, health care organizations face risks unlike any other industry. Gilbert’s Risk Solutions helps you navigate all of it.
Tailored Solutions
Our Risk Management and Loss Prevention Consultants are experts at working with management to implement a proactive safety and loss prevention program focused on reducing claim frequency and severity. Often the solution is an insurance product, but frequently it’s a recommendation for revamping a business process or implementing a measure that reduces an exposure.
360 Degree Approach
We take a 360-degree view of your health care operations to ensure all aspects of your business are secure. Our team of experts in Loss Control, Employee Benefits, HR, and Surety Bonds are all available to our commercial clients, ensuring a multi-pronged approach to risk mitigation.
Our RISK SHIELD® Process
Insurance is only one piece of protecting your organization — managing your risk matters just as much. Our proprietary RISK SHIELD® Process identifies your exposures and puts a loss control plan in place to mitigate them.
CONSULT
DESIGN
BUILDING
MAINTAIN
Health Care Liability Insurance FAQs
Medical professional liability, sometimes called malpractice insurance, covers claims arising from errors, omissions, or negligence in the provision of medical care or services.
General liability typically covers premises-related injuries (like slips and falls), but injuries related to the actual delivery of medical care require medical professional liability coverage instead.
Given the sensitive nature of patient records, healthcare organizations typically need robust cyber liability coverage addressing data breach response, HIPAA-related regulatory fines, and notification costs.
HIPAA violations can result in significant regulatory penalties, making cyber liability and errors & omissions coverage especially important for healthcare organizations handling protected health information.
