Healthcare industry insurance
Comprehensive Healthcare insurance for institutions powering patient care, informed by deep sector expertise to protect against professional liability, cyber threats, and property damage.
At Canopius, we deeply understand the pivotal role healthcare professionals play in our society. As seasoned experts in crafting bespoke insurance solutions for the healthcare industry, we are dedicated to assisting our brokers and clients in navigating the unique risks and liabilities inherent to this vital industry.
The healthcare landscape is ever-changing, with industry consolidation, evolving payer and provider relationships, and complex regulatory matters. We recognise the necessity for comprehensive coverage to safeguard healthcare businesses against potential risks such as malpractice, various liabilities, cyber attacks, property exposures, and beyond.
Our underwriting is meticulously designed to provide brokers and their clients with the peace of mind they need to focus on delivering exceptional care.
Healthcare industry insurance products
Canopius offers the following insurance products tailored to the healthcare industry:
Our expertise is in insurance solutions
At Canopius, we understand the risks faced in the healthcare institutions industry and have a range of solutions built to support your business.
Accident & Health insurance
Crisis Management insurance
Cyber insurance
Healthcare institutions are prime targets for cyber threats — this policy safeguards against breaches, ransomware attacks, and data theft while covering legal and recovery costs.
Management Liability insurance
Hospitals, clinics, and research labs face financial liabilities from billing disputes, contracts, and legal claims; this policy provides tailored protection to safeguard financial resilience.
Medical Professional Liability insurance
Designed for healthcare providers and institutions, this insurance protects against claims of medical negligence and errors, covering legal defence, settlements, and reputational risks.
Open Market Property insurance
Why choose Canopius?
Canopius Syndicate 4444 is the largest in Lloyds of London with a £2.55 billion capacity
We have built our trust and reputation across the globe offering insurance expertise, from the largest capacity in London to the single largest Lloyds syndicate in APAC.
Our Reinsurance and US business are tailored to meet your needs as a bespoke insurance provider, offering distribution partners a variety of underwriting platform solutions to suit each client.
More than 20 years of experience
Backed by more than 20 years of experience, we have built a reputation for excellence in healthcare insurance – delivering tailored solutions that protect your investments and manage complex portfolios.
In 2024, the Canopius Group wrote $3.53 billion (USD) of insurance contract written premium
With a portfolio exceeding $3.53 billion in annual gross written premiums, our syndicate is trusted globally to provide robust and reliable coverage for a diverse range of healthcare risks.
Our specialists provide cover for
- Aged care and assisted living providers
- Healthcare management firms and consultancy providers
- Hospitals and healthcare systems
- Insurance carriers and reinsurers
- Medical equipment manufacturers and suppliers
- Private healthcare groups and specialist clinics
- Private healthcare providers for expatriates
- Research institutions and life sciences companies
- Telemedicine and digital health platforms
Each policy is customised to address the unique risks faced by your organisation for your peace of mind.
Healthcare industry insurance FAQs
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No. Our policies focus on insuring hospitals, research labs, and healthcare providers rather than offering individual employee healthcare plans.
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Insurance costs are reviewed annually, with factors such as claims history, operational risks, and industry regulations influencing pricing adjustments.
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Our underwriters have long-standing experience of the healthcare sector and the unique challenges it presents. This includes understanding clinical workflows, the regulatory environment and the specific liability risks faced by providers from large hospital groups to digital health platforms.