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Westwood Insurance Products for Healthcare and Senior Living

Westwood insurance group forged relationships with a number of premier insurance carriers servicing the healthcare social services and senior living industries. As a result, have a wide range of products to choose from.

Traditional Insurance Products

Westwood have fostered exceptional relationships with A number of A-rated carriers and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with underwriters, which you can see here, by joining our insurance insider group.

Alternative Structures

Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. If you are large and stable enough to benefit from starting or participating in a captive or have a special need for another alternative structure, contact Michael Richards now by phone: 216-502-4967 or on the contact form below:

Contact Westwood
MedPro Group
Core Specialty
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Travelers Insurance
CFC Underwriting
Applied Underwriters
Tokyo Marine Insurance Group
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AIG Insurance
Ironshore
Strategic Comp
MagMutual
Genstar
Beazley
Empro Insurance
Great American Insurance
Skyward Specialty Insurance
Hudson Insurance Group
Huntersure Insurance
MIG Insurance
Kinsale Insurance

Casualty

The Westwood Casualty division offers many unique products to meet the wants and needs of your clients. Our relationship with our carriers gives us access to provide the best coverage by creating better and smarter risk management solutions.

 

Medical Expense Stop Loss

A Medical Expense Stop Loss program is underwritten and issued by an A rated admitted carrier. Employer groups (insured’s) continue to pay claims within their deductible. The group captive allows participants to retain profit(s) and loss (s) within the captive’s $250,000 or $500,000 retention. To ensure improved cash flow, each program is designed and tailored to an employer’s group size and financial capacity.

  • Self-Funding Method of Health Insurance (Utilized by large employers for decades)
  • 75+ Lives Eligibility
  • Control over Network and Claims Service Providers
  • Custom Design “Best-In-Class” Wellness and Behavioral Programs
  • Retain Underwriting Profit

Medical Professional Liability

Our medical professional liability division specializes in creating unique solutions for tough risks. We understand the complex changes your clients face in the healthcare industry.

    • PL&GL Combo Forms – separate limits available
    • Claims Made and Occurrence Coverage Forms – Low limits to $1M/$3M ($2/$4 in VA)
    • “A” Rated Admitted and Non-Admitted Carriers
    • Primary and Excess Coverage
    • Physical and Sexual Abuse Coverage
    • Defense inside or outside the limits
    • Prior Acts/Retro Coverage
    • Incident Sensitive Forms
    • First dollar, Low Deductible, High Deductible, Corridor and Swing plans available
    • Medical Director Coverage
    • Loss Portfolio Transfer

Commercial Property

The Westwood Property division offers a variety of solutions to meet your client’s needs. Through creativity and flexibility we will find the right solutions for your clients.

  • “A” Rated Admitted and Non-Admitted Carrier
  • Capacity for Coastal Locations
  • TIV’s in Excess of $100M
  • Vacant Properties
  • Business Interruption, Boiler & Machinery, Crime
  • Agreed Amount Limits
  • Earthquake, Flood, Wind Coverage
  • Emergency Evacuation
  • Personal Property of Residents and Patients
  • Condemnation of Medical Property
  • Mobile Medical Offices
  • Ordinance or Law – Communicable Disease Contamination

Westwood Insurance help our clients stay ahead of the curve

At Westwood Insurance Group, we are proud of being appointed as agents for almost 100 different insurance carriers. This vast network allows us to offer an unparalleled selection of coverage options tailored to meet the diverse needs of healthcare professionals and senior living facilities. Our extensive partnerships enable us to find the best policies for our clients, ensuring that they receive the protection they need in this rapidly evolving industry.

We don’t just rest on these relationships; we actively foster and maintain them. By staying in constant communication with our carriers, we remain informed about new offerings, changes in coverage, and shifts in their risk appetite. This diligence allows us to provide timely and relevant advice to our clients, helping them stay ahead of the curve when it comes to their insurance needs.

click here to see a full list of our carriers

What impacts the price of insurance? Insurance FAQ’s

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five-starsMy Insurance agency has done business with Westwood for over 10 years and always found them to be professional...

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Shira Abrams
02 May, 2023

five-starsI’ve worked with Michael Richards and his team now for many years and I can unequivocally say that they are by far the...

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Joe Roth
11 June, 2023

five-starsWestwood Insurance Group, with Dale and Liz are a pleasure to work with in helping solve for my insured’s insurance needs...

Greg Cullom

Greg Cullom
08 Nov, 2023

five-starsLaura has been a great contact for us over at the Westwood Insurance Group. She is extremely communicative...

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Hayley Shryock
30 June, 2023

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Kathy Natale

Kathy Natale
25 Sept, 2024

Speak with an Insurance Professional

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Michael Richards

Michael is president of Westwood Insurance Group. You can call him or fill out the form and he will get your message directly.

Call 216-502-4967 or
Fill Out the Form