Willis Announces Innovative Insurance Solution for Iowa Hospitals
Insurance Broker Partners with Industry Leading Insurance Carriers to Help Community Hospitals Address Evolving Risks
KANSAS CITY, June 18, 2012 – As Health Care Reform and other economic factors alter the way
health care is delivered; health care organizations face an evolving landscape of risks and liabilities. Hospitals
demand innovative risk management programs to assist them in navigating this challenging environment and community hospitals,
in particular, struggle to dedicate their limited financial resources to address these vital issues.
To assist Iowa’s community-based hospitals in addressing these evolving exposures and crucial needs, Willis, the global insurance
broker, announced today that it has developed an Iowa-specific Community Hospital Risk Management and Insurance Program
called WIHIP (Willis Iowa Hospital Insurance Program). This innovative product, developed in partnership with Premier Insurance
Management Services and Allied World Assurance Company, provides comprehensive liability coverage specifically targeted for community-based hospitals
in Iowa, as well as dedicated Insurance and Risk Management Resources in one complete package.
This product is ideal for the critical care facility and those institutions with 100 beds or less.
The purpose of the program is to provide comprehensive liability insurance with superior pricing, terms and
conditions. In addition the program offers a variety of services to help organizations reduce costs and
minimize exposures, including:
- Dedicated risk management consultation
- Risk management hotline
- Clinical risk assessments
- Policy and procedures development assistance and best practices
- Access to a variety of industry leading risk management resources for the health care industry
thought leadership via seminars, webinars and audio conferences
Willis is an industry leader in the health care sector helping organizations across all segments of the
health care industry assess and minimize risk, including: hospitals, health systems, physician groups and long-term care,
managed care and miscellaneous health care facilities. Willis’ National health care practice currently serves over 6,000
clients across its platform.
“Currently, Iowa-based community hospitals lack suitable market options to address the issues of risk transfer, risk control
and risk mitigation in a cost effective package, said John Puetz, Vice President, Willis of Greater
Kansas City. “This program underscores our commitment to providing community-based hospitals in Iowa with superior insurance
coverage and state of the art risk management services. Cost savings is just one of the
benefits of the program, and we know that assisting health care organizations in identifying areas of
potential liability and providing risk education strategies is critical for success.”
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Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers
professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public
entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries,
with a global team of approximately 17,000 employees serving clients in virtually every part of the
world. Additional information on Willis may be found at www.willis.com.
About Premier Insurance Management Services Inc. (PIMS)
PIMS is an Illinois for-profit corporation wholly owned by Premier Inc. of the Premier healthcare alliance. PIMS
provides contracted management services for American Excess Insurance Exchange, Risk Retention Group (AEIX), and is attorney-in-fact
for Premier Insurance Exchange, Risk Retention Group (PRx). PIMS also serves as program manager offering enhanced
sponsored programs with leading commercial insurers through a comprehensive portfolio of property, casualty and employee benefit
products. Other services include providing claims and risk management assessments and education offerings regarding medical professional
liability for hospitals and their physicians. For more information, visit https://www.premierinc.com/risk/tools-services/pims/index.jsp.
About Allied World Assurance Company
Allied World Assurance Company (U.S.) Inc. is a subsidiary of Allied World Assurance Company Holdings, AG, a
global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service
through offices in Bermuda, Europe, Hong Kong, Singapore and the United States. Its insurance and reinsurance
subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please