Exclusive Programs and Binding Authorities

Long Term Care

Professional / General Liability Program

• Lloyd's A Rated
• Program established since 2000
• Integrated approach to risk management and claims management
• Ultimate goal is to protect the insureds loss runs and reduce the cost of their insurance
• This allows for re-investment into their operations

• Since 2000 the program is running with a low loss ratio
• Claims made policy
• Can provide aggregate limits up to $15MM when necessary
• Can write Independent living up to Continuing Care Retirement Communities (CCRC's)
• Target: 1 - 50 locations (consult if more)
• Can write in all 50 states
• Minimum premium is approximately $35K
• Minimum SIR is approximately $15K
• Silent on Punitive damages (allow state to decide)
• Sexual Abuse coverage Full Limits
• Trigger is a "medical incident"

• Specialty third party claims administrator active since the inception of the program (providing Risk Management and Claims Management)
• We have a national network of defense counsel uniquely qualified in the Long Term Care industry provided by monitoring counsel and TPA's
• Dedicated team of underwriters: various at Lloyd's
• "Meeting of the Minds" A forum to bring all our insureds and brokers to one site.

• Includes different rate for intermediate beds per the definition in the application, even though the beds are licensed as skilled, underwriters identify the different uses and rate accordingly.
• Four different rate categories - skilled, intermediate, assisted living and independent living. This can be broken down further based on counties in different states.
• Retro Date Inception credit up to 30%
• Other credits available depending on underwriting data. The value of a great submission!
• Lower limits available which will result in additional credits
• Higher SIR credit available
• Outside of the box - corridor retentions, retrospective premium transactions and captives