CHICAGO–Effective October 1st, Prime Insurance Company, rated “A” (Excellent) by A.M. Best, will provide further expertise to the risks, gaps and issues for those individuals, groups, hospitals, and other healthcare entities.
Prime Insurance Company is an excess and surplus lines specialty insurance company and is committed to meet the marketplace with products and solutions nationwide. On October 1, 2023, Prime will welcome Bart Schlueter to the team. Bart is a prominent name in the insurance industry and brings over 25 years of specialty insurance knowledge and expertise to the company.
The program will provide primary and excess coverage of up to $20 million to distressed and hard-to-place hospitals, physicians, senior care/LTC, and social services/behavioral health institutions. It includes accounts featuring frequent large losses, in-patient facilities, juveniles, suicide-related services, foster care, correctional and long-term care, and staffing challenges. Additionally, Prime Insurance Company will also evaluate other accounts, such as auto, property, active threat, and abuse.
Under Schlueter’s leadership, this pioneering program will reach healthcare professionals and institutions with unique risk exposures. Schlueter’s experience includes serving in different roles in the carrier, wholesale, retail, and insurtech spaces.
“We are excited to announce that Bart is joining the team,” said Rick J. Lindsey, President & CEO of Prime Insurance Company. “Bart’s exceptional industry knowledge and expertise will help to guide and execute this program. Together, we will provide tailored coverage solutions to the healthcare industry to address their unique challenges.”
To support their clients, Prime Insurance Company’s in-house underwriting, policy services, and risk management teams will work collaboratively to provide multiple coverage options. They have a strong commitment to profitable growth, and their independent adjusters have successfully handled over 70,000 claims to date, providing exceptional support to producers and insureds throughout the insurance process. Prime has a long-standing reputation and success in writing hard-to-place accounts for non-healthcare industries.
For more information on Prime Insurance Company and their new specialty healthcare professional liability insurance program, visit their website: www.primeis.com.
Barbara Malkowski, SVP Marketing