BOSTON (PRWEB) December 19, 2017
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from January 1, 2018. Syndicate 1975 will be managed by Coverys’ own managing agency, Coverys Managing Agency Ltd. with exclusive backing from Coverys.
“We are pleased to have reached this significant achievement in the ongoing expansion of Coverys’ offerings,” said Gregg Hanson, CEO and President of Coverys. “The establishment of Coverys Syndicate 1975 will build upon our expertise in offering sophisticated insurance and reinsurance solutions for larger group practices and healthcare systems.”
Keith Bryceland will join in January to underwrite for Coverys Syndicate 1975. Bryceland brings over 25 years of experience, specializing in underwriting global professional liability insurance and reinsurance. He most recently served as Senior Underwriter at Chubb Syndicate 2488, underwriting all classes of professional liability insurance and reinsurance, ranging from medical to legal liability.
Coverys Syndicate 1975 will be a source of London-based insurance and reinsurance capacity providing protection for physicians, hospitals, and other providers of healthcare, coupled with risk management and mitigation solutions to improve margins and increase patient safety.
Coverys is a leading provider of medical professional liability insurance for medical practitioners and health systems. Coverys provides a full range of healthcare liability insurance options, advanced risk analytics, and best-in-class risk mitigation and education resources to help clients anticipate, identify, and manage risk to reduce errors and improve outcomes.
Coverys is committed to offering innovative solutions to help reduce distractions so healthcare professionals and organizations can focus on what matters most—patients. Please visit coverys.com for more information.