New physician liability coverage option available in Ohio and Michigan
TOLEDO, Ohio, June 7 /PRNewswire/ -- Hylant Group and ACE Medical Risk jointly announced today an agreement for Hylant Group to be the distributor of comprehensive physician medical liability coverage in both Ohio and Michigan. The healthcare professional liability coverage for physicians is marketed by ACE Medical Risk, an operating division of ACE USA.
"ACE USA has the financial strength and resources to make an immediate impact in both states," says Richard Hylant, President, Hylant Group. "They have established themselves as the market leading choice for physicians by building a superior platform in the critical areas of financial security, policy coverage and retirement tail options." "We believe that the healthcare field needs committed and creative insurance partners," says Ross Bertossi, President, ACE Medical Risk. "At ACE Medical Risk we are pleased to partner with Hylant Group, capitalizing on our combined expertise and resources, in order to provide comprehensive healthcare professional liability insurance coverage for physicians in Ohio and Michigan." In addition to healthcare professional liability insurance for physicians, ACE Medical Risk's product offerings include primary and excess healthcare professional liability for hospitals, long-term care and miscellaneous healthcare facilities, as well as a comprehensive package policy for long-term care including property, auto, crime, and boiler and machinery coverages. ACE Medical Risk also offers products liability for clinical trials, biotechnology and specialty pharmaceutical companies. Insurance is provided by subsidiaries of the ACE Group of Companies.
ACE USA is the retail U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its operating companies, is a leading provider of property, casualty, and accident and health insurance, as well as financial products and risk management services. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.
The Hylant Group, founded in 1935, is the 27th largest insurance agent in the United States. Hylant is a member of the Worldwide Broker Network and is currently ranked by the Hales Report as the 7th largest privately held broker in the nation. With a team of over 625 insurance professionals, they are positioned to service their clients locally and around the globe. Hylant offers complete risk management services, employee benefits, loss control, 401(k) and financial services, health care management, and insurance for businesses and individuals around the world. In addition to the corporate headquarters in Toledo, Ohio, the firm has offices in Cincinnati, Columbus and Cleveland, Ohio; Troy and Ann Arbor, Michigan; as well as Indianapolis, Bloomington, and Fort Wayne, Indiana. For more information, call the Hylant Group at 800-249-5268.
* The above is a product summary only. For the actual terms and conditions, please refer to the policy. DATASOURCE: Hylant Group CONTACT: Shane O'Neill, Director of Marketing of Hylant Group, +1-419-259-6006, or ; or Cindy Rae, Account Executive of R-P Marketing Public Relations, +1-419-241-2221, or , or http://www.r-p.com/ Web site: http://www.hylant.com/
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