Irwin Siegel Agency Inc. and ACE USA Announce New Behavioral and Mental Healthcare Program Offering - Insurance News | InsuranceNewsNet

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January 14, 2010 Newswires
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Irwin Siegel Agency Inc. and ACE USA Announce New Behavioral and Mental Healthcare Program Offering

 

 
January 14, 2010, Rock Hill, NY- Irwin Siegel Agency, Inc. (ISA) has expanded programs written with ACE Medical Risk Division, to include Behavioral and Mental Healthcare providers. Since announcing the undertaking with ACE Medical Risk last September, ISA has continued to develop new products and increase the list of eligible classes. This program is underwritten by A.M. Best A+ rated ACE American Insurance Company and its affiliated companies, and is available to independent insurance agents and brokers exclusively through Irwin Siegel Agency, Inc.

New Eligible Classes:

• Convalescent homes or hospitals
• Halfway houses for patients with mental health illnesses
• Residential mental health facilities
• Group homes
• Emergency shelters for those with mental illness
• Psychiatric rehabilitation services
• Behavioral health counseling
• Psychiatric centers and clinics (except hospitals)
• Clubhouses
• Crisis intervention / hotlines
• Support group services
• Referral services for personal/social problems

ISA Insurance Program Highlights:

• Package programs offer General Liability, Professional Liability, Abuse, Auto, Crime, Inland Marine, Property, Umbrella Coverage<br /> • Additional coverage options available for HIPAA Protection, Workers Compensation, Directors and Officers Liability, including liability coverage for Employment Practices

Sample Risk Management Resources Provide:

• Discounted online trainings provide access to more than 650 hours of accredited courses for continuing education by national and state licensing boards
• Publications regarding medication management and reducing suicide practices 
• Information on legal and ethical issues for mental healthcare professionals

“Broadening ISA’s relationship with ACE Medical Risk to include behavioral and mental healthcare programs is an exciting opportunity for our organization and reinforces ISA’s commitment to the continued development of relevant and competitive insurance solutions for human service providers,” said Howard Siegel, CEO of Irwin Siegel Agency, Inc.

“We’re pleased with the expansion of our program relationship with ISA and its team as we continue to grow our presence in the behavioral and mental healthcare marketplace,” said Ross Bertossi, President, ACE Medical Risk.

ACE Medical Risk, part of ACE USA, offers primary and excess medical professional liability for hospitals, long-term care and miscellaneous healthcare facilities, as well as a comprehensive package policy for long-term care including property, auto, crime, and boiler and machinery coverages. In addition, ACE Medical Risk offers products liability for clinical trials biotechnology and specialty pharmaceutical companies. ACE USA is the U.S.-based retail operating division of the ACE Group, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. To learn more about ACE Medical Risk’s products and services, please visit http://www.aceusa.com/. The above is a product summary only. For actual terms and conditions, please refer to the policy. Coverage may not be available in all states. Insurance provided by insurers within the ACE Group of Companies.

Irwin Siegel Agency, Inc. has provided innovative and competitive insurance solutions for over 35 years. ISA is committed to continually enhancing insurance products tailored to social service, developmental disability, addiction treatment, mental healthcare and youth development service providers. Programs are available exclusively through independent agents and brokers.  For more information please visit http://www.siegelagency.com/.

Contact: Sara Ruggiero, Director of Marketing
Irwin Siegel Agency, Inc.
800-622-8272 /
[email protected]
 

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