Willis and Towers Watson have merged. Visit willistowerswatson.com

    Download PDF (36KB)

    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
    • Customized 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.”

    # # #

    About Willis

    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 visit http://www.awac.com/.

    • Copyright © 2018 Willis Towers Watson