PointRight to be Exclusive Provider of Analytics for Underwriting Long Term Care Insurance Offered by XL Insurance and CIMI Professional

Lexington, MA (PRWEB) December 7, 2010

PointRight Inc., the leader in providing data-driven analytics and decision support to the long term care industry, announces an agreement with XL Insurance, the global insurance operations of XL Group plc and CIMI Professional (CIMI Pro), the professional liability underwriting division of Chandler Insurance Managers, Inc. (CIMI) to provide model-driven analytics for underwriting professional and general liability insurance coverage to skilled nursing, assisted living and independent living facilities. PointRight’s unique model-driven insight and clinical expertise allows for more accurate pricing of professional and general liability insurance coverage.

CIMI Pro will offer long term care facilities both professional and general liability coverage through one of the XL Insurance companies approved to write insurance coverage throughout the United States. Limits are available up to $5 million in both professional and general liability coverage. Using PointRight’s analytic models CIMI Pro will be able to right price opportunities and identify points of leverage allowing covered entities’ to focus risk management efforts and measure results.

Lance LaGere, CIMI’s Executive Vice President and Chief Operating Officer commented that, “ long term care facilities face unique risks and that the solutions we provide them should be tailored to meet their needs. We have developed a distinctive data-driven underwriting approach that I believe, truly enhances the quality of coverage and service we offer our clients. With XL Insurance’s support and cooperation, we are looking forward to building on our service commitment to provide our long term care clients with effective risk transfer and risk management solutions.”

“We are delighted to be providing the analytics behind the underwriting of this coverage. Our relationship with CIMI and XL Insurance continues to strengthen our position as market leader in data driven analytics for long term care. We look forward to a long and mutually beneficial relationship,” says Mary Chmielowiec, Executive Vice President, Insurance at PointRight.

About PointRight Inc.
PointRight provides data analytics and Web-based tools that measure risk, quality of care, compliance and reimbursement accuracy of the long term care corporation, division or facility. Using some of the largest and best databases in the industry, our nationally recognized clinical staff, researchers, and technologists expertly translate disparate data into usable information and insight. PointRight provides analytics to answers from the bedside to the boardroom. More information is available at http://www.pointright.com.

About CIMI Pro
CIMI Pro is a division of CIMI, an underwriting manager with extensive underwriting knowledge in multiple industry segments. CIMI Pro is staffed by a team of experienced insurance professionals with a strong background in underwriting, actuarial and legal disciplines, concentrating on the long term care industry. More information about CIMI Pro is available at http://www.cimipro.com.

About XL Insurance
XL Insurance is the global brand used by XL Group plc's insurance companies and underwriting divisions offering property, casualty, professional and specialty insurance products throughout the world. The XL Insurance companies offering this coverage are Indian Harbor Insurance Company and XL Select Insurance Company. More information about XL Insurance’s North America Program group is available at http://www.xlprograms.com.

XL Group plc, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty, and specialty products to industrial, commercial, and professional firms, insurance companies and other enterprises on a worldwide basis. More information about XL Group plc is available at http://www.xlgroup.com.

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