XL Catlin beefed up its professional liability policy for U.S. design professionals with two new enhancements. Great American Insurance Group created a new division focused on the E&S space. Marsh and Ironshore teamed up to offer insurance coverage to help hospitals manage the risk of potential CMS reductions under a specific condition.


XL Catlin added two new enhancements to its professional liability insurance for architects, engineers and other U.S. design professionals.

The changes include an expanded professional services definition to include existing and emerging technologies used by design professionals in the delivery of their services. This includes development of software programs, systems and applications; database design and maintenance; warehousing data generated by building information models, digital tools; hosting data and application sites; and website design for its design services clients.

Also, XL Catlin added Principal Protector Coverage for qualifying firms, specifically for its large Design Firm clientele. According to the insurer, the coverage provides supplemental limits outside of the firm’s policy limits for any current, former or retired member or employee of the firm, for negligence claims stemming from their participation in a non-profit entity.


Great American Insurance Group said it has renewed, strengthened and will expand its E&S presence with the creation of its new Great American Risk Solutions division.

Plans call for using the new division to leverage the collective experience of Great American’s American Empire Group and Specialty E&S Division.

Great American Insurance Solutions will offer a number of E&S casualty and property products, with experienced underwriters and claims professionals who support wholesale insurance brokers and program managers throughout the United States.


Marsh and Ironshore teamed up to offer insurance coverage to help hospitals manage the risk of potential reductions under the Centers for Medicare and Medicaid Services’ Hospital Readmissions Reduction Program.

The HRRP requires CMS to reduce payments to acute care hospitals that have too many patients with certain conditions return within 30 days of their discharge. The new cover, underwritten by Ironshore and available from Marsh, protects a hospital’s revenue stream if Medicare reimbursements are reduced under HRRP. The policy offers limits up to 3 percent reduction in annual Medicare revenue subject to the HRRP.

The coverage comes with reports that CMS will withhold $564 million in reimbursement from nearly 2,600 hospitals nationally in the 2018 fiscal year.

Sources: XL Catlin, Great American, Marsh, Ironshore

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