Admiral Insurance Group, a Berkley Company specializing in excess and surplus (E&S) lines commercial insurance for wholesale distribution, has announced the addition of Virtual Care to its primary and excess professional liability products.
The growing integration of technology in healthcare services has created a gap between traditional medical malpractice and technology errors and omissions (E&O) insurance policies. With this evolution, Admiral Insurance says that demand has increased for products that address the specific risks tied to virtual care and health technology advancements.
Admiral’s Virtual Care coverage will be available exclusively through its national network of wholesale brokers. Policies will offer primary and excess limits of up to $5 million, covering a range of exposures, including medical malpractice, technology E&O, media liability, and various cyber coverages, all within one policy.
The coverage targets a wide array of specialized classes in healthcare and technology, reflecting Admiral’s experience in professional liability solutions. Sample classes for the Virtual Care coverage include custom healthcare software development and licensing, remote patient monitoring technology, teleradiology services, and healthcare technology consulting.
“As technology is ever evolving, especially in the medical field, so are the associated risks,” said Nir Gabay (pictured above), senior vice president and head of professional liability at Admiral. “We’re excited to now be offering our Virtual Care coverage that addresses those unique risks with comprehensive solutions.”
Elsewhere in the excess and surplus market, FCCI Insurance Group announced that FCCI Specialty Insurance Company has begun accepting E&S lines of business as of last month.
The new company aims to provide coverage solutions for a wide range of business classes and industries, specifically targeting hard-to-place commercial risks through appointed agents.
Beginning Oct. 1, agents in Florida, Georgia, and Texas were able to submit general liability (GL) and commercial excess business to FCCI’s new E&S platform. In the first quarter of 2025, agents from the Mid-Atlantic, Midwest, and Gulf Coast regions will also be able to submit GL and Commercial Excess policies, further expanding the company’s reach.
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