Third Party Administrators
Third Party Administrators Professional Liability Insurance is specifically designed for firms that provide third party administrator services.
Eligible Accounts:
- Administrators of single or multi-employer health claims administration
- Pension administration
- Stop-loss payee services and insurance placement
- Utilization review services
- Third-party self-insured worker’s compensation programs
Coverage:
- Duty to Defend and Claims Made policy form
- Contingent coverage for bodily injury and property damage claims, if resulting from the insured’s failure as the administrator
- Limits vary by account. High limits available for large risks.
- Deductible Credit for Mediated Claims
- Personal Injury Coverage
- Subpoena Compliance Coverage
- Prior Acts coverage for selective risks
Applications:
Other Coverages:
All or most other coverages that comprise the RFO practice are appropriate. Contact a staff broker to discuss a particular account.
All insurance product and/or coverage descriptions are informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverage may not be available in all jurisdictions.