Key insights and analytics of the healthcare industry

Authors: Steve Kahl Larry Hansard Trevor Weyland John Ergastolo

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The Healthcare Market report highlights the challenges the healthcare industry faces securing insurance coverage due to increasing loss severity. Insurers serving this sector will need to adopt a more disciplined underwriting approach to sustain themselves in this environment. Healthcare systems and hospitals can expect pressure on insurance terms such as reduced limit capacity, rate increases and client retention levels. The plaintiff bar's demands for record verdicts further complicate the situation, necessitating more disciplined defense strategies for healthcare clients.

This comprehensive report provides valuable insights into emerging trends, challenges and opportunities for insurance in the healthcare industry, helping stakeholders navigate this evolving landscape effectively.

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The information contained herein is offered as insurance Industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client-specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that your company may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete Insurance policy definitions, terms, and/or conditions, and should not be relied on for coverage interpretation. Actual insurance policies must always be consulted for full coverage details and analysis.

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