Insurance is a complicated business, and when looking for specialty insurance, seeking the help of full service insurance professionals is a must. Our dedicated industry experts will work with you to identify potential risks facing your business, and provide customized solutions to cover them. Unity Insurance, formerly MedChi Insurance Agency, began its insurance business by assisting private medical practices and healthcare providers in the Baltimore area. We have extensive knowledge and experience to help healthcare professionals and business owners navigate the complexities of insurance.
Individual Medical Professional liability
Provides coverage for individual physicians or allied healthcare professionals for claims for bodily injury, property damage or personal injury arising out of acts or omissions of a professional nature for which the insured is legally liable.
Organization Professional Liability
Provides coverage for organizations under a policy which is separate from that of the physicians or certain other healthcare professionals affiliated with the organization. It covers claims for bodily injury, property damage or personal injury arising out of acts or omissions of a professional nature and for which the insured is legally liable.
Healthcare Provider Group Professional Liability
Provides coverage for the organization and its affiliated healthcare professionals under the same policy. It covers claims for bodily injury, property damage or personal injury arising out of acts or omissions of a professional nature and for which the insured is legally liable.
Billing Errors Coverage
Provides reimbursement of defense costs, fines and penalties and shadow audit expenses incurred in billing error proceedings.
Medical Regulatory Violations
Provides reimbursement of defense costs and fines and penalties incurred in HIPAA (Patient Privacy) Proceedings, EMTALA (Emergency Medical Treatment and Active Labor Act) Proceedings and STARK (Physician Self-Referral) Proceedings.
Extended Reporting Period (“Tail Insurance”)
“Tail” coverage is another name for an extended reporting period endorsement. This type of coverage protects you from future claims caused by incidents that occurred while your claims-made policy was in effect. Tail coverage is needed only when your claims-made policy is terminated, as at retirement.
Data/Privacy Breach/Cyber Liability
Cyber liability insurance protects your business against the expenses associated with a data breach. We’ll help you evaluate the data liability risks your business faces and find you a policy that meets your specific needs.