Products
- Hard to Place Risks for Construction, Medical Malpractice and Nursing Homes
- Difficult Complex or Unusual Risks
- Alternative Collateral
- Unusual Risks Related to Mortality and Longevity
- Loss Portfolio Transfer Buyout program
- Surety Bonds
- Structured Insurance
- Private Education Loan Debt Cancellation/Suspension Insurance Coverage
- Programs for Evolving Risks
- Carbon Credit Delivery Insurance
- Insurance Management Services
Contact Us
- Contact us for Chartis Inquiry / Questions
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Phone: 877-TOSERVE
(877) 867-3783
Hard-to-Place Risks for Construction, Medical Malpractice and Nursing Homes
The Alternative Risk Division currently provides Commercial General Liability, Professional Liability and Products Liability coverage for hard-to-place risks, including Nursing Homes, Hospitals and Emergency Room Physicians; Contractors and Home Builders; and Medical Manufacturers.
Features and Benefits
- Policy is issued on a claims-made or occurrence, reimbursement basis and the limits of insurance are fully funded with cash or a Letter of Credit (L/C).
- The cash is placed in a pooled account and interest accrues at a rate based on current market conditions.
- Alternatively, if posting an L/C, the form and issuing bank must be pre-approved.
- If there are no open, pending, unresolved or notices of potential claims at expiration of the policy period, or any extended reporting period/sunset provision, the remaining aggregate funding can be returned via a commutation of liabilities or rolled over to the renewal policy period.