Zurich To “Reshape” Healthcare Professional Liability Book
Zurich recently informed its distribution partners that it will be pulling back from “high” and “ultra-high” severity jurisdictions in the U.S. in an effort to return their book to sustainable performance and profitability. Risks with significant exposures in these areas will be non-renewed starting October 1, 2018. No new business will be written in these jurisdictions effective immediately.
Zurich advised it remains firmly committed to the Healthcare Professional Liability market and intends to maintain their presence and position in the U.S. healthcare space by growing new business in low and medium severity jurisdictions.
Contact Ethos for more details.