Darwin to Offer AMBA Members Professional Liability Coverage
05 Octubre 2005 - 2:43PM
PR Newswire (US)
FARMINGTON, Conn., Oct. 5 /PRNewswire/ -- Darwin Professional
Underwriters, Inc. (Darwin) has partnered with the American Medical
Billing Association (AMBA) to offer its members professional
liability coverage designed specifically for the needs of medical
billers and coders. The policy, developed by Darwin, is a named
perils policy where coverage can be customized to fit the exact
needs of each policyholder. It includes contingent bodily injury
coverage and offers a $25,000 punitive damages sublimit (within the
policy limits, where applicable by law). Prior acts coverage is
also available. AMBA members can choose two policy limit options,
$500,000/$500,000 or $500,000/$1 million. Nicole Haggerty,
assistant vice president of Darwin, said, "While a medical biller
or coder is not actively engaged in diagnostic or direct patient
care, the services they provide have some impact on the
administration or oversight of medical care. As such, there could
be some contingent bodily injury or privacy-related exposure for
which they need coverage." "Darwin created a hybrid policy that
provides professional liability coverage for our members," said
Cyndee Weston, executive director of AMBA. "Professional liability
insurance for medical billers and coders is a necessity and this
program rewards those professionals who have achieved AMBA
certification in its pricing. AMBA wanted to create an affordable
option for our members and Darwin has done just that." Rockwood
Programs, Inc. (Rockwood) will administer this product on behalf of
AMBA. For more information on this product, visit
http://www.rockwoodinsurance.com/ or call Rockwood at 800-318-9065.
Darwin underwrites D&O and E&O liability insurance for
public and private companies, health care and medical professional
risks, and a broad range of non-medical professional classes.
Darwin member companies include Darwin Professional Underwriters,
Inc., Darwin National Assurance Company, and Darwin Select
Insurance Company. Darwin is a subsidiary of Alleghany Insurance
Holdings LLC, whose parent company, Alleghany Corporation, is
publicly traded on the New York Stock Exchange (ticker symbol 'Y').
For more about Darwin, visit http://www.darwinpro.com/. Press and
media inquiries: Drake Manning (Darwin) at 860-284-1500 or .
DATASOURCE: Darwin Professional Underwriters, Inc. CONTACT: Drake
Manning of Darwin Professional Underwriters, Inc., +1-860-284-1500,
Web site: http://www.darwinpro.com/
http://www.rockwoodinsurance.com/
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