Premier Insurance Management Services Introduces Property Risk Management Program Designed to Help Hospitals Reduce Cost, Improve Coverage, Minimize Losses and Deliver Superior Claims Services

Premier Insurance Management Services Introduces Property Risk Management Program Designed to Help Hospitals Reduce Cost, Improve Coverage, Minimize Losses and Deliver Superior Claims Services

Addition of Zurich Offers Dual Market Options for Premier Healthcare Alliance Members

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier Insurance Management Services Inc. (PIMS), a wholly owned subsidiary of the Premier healthcare alliance, today announced a new healthcare property risk management program designed to help healthcare providers reduce costs, improve coverage, minimize losses and deliver a superior level of claims service.

As a part of the program, PIMS is now offering a dual sponsorship for property insurance with existing provider Chubb Group of Insurance Companies and newly added Zurich North America.

“We surveyed our customers and their brokers to understand what elements were important to them in choosing a property insurance company. This input was valuable in our approach to the market and negotiating a solution that provides them the best property risk management program available,” said PIMS President Robert Dowdy. “With dual market options, hospitals now have an additional option, should they choose, to determine which company best fits their operational and insurance needs.”

PIMS’ property insurance program value-added features include:

• Dual market options from highly rated insurance carriers
• Proprietary pricing
• Coverage enhancements
• Exceptional loss prevention engineering services
• Property valuation assistance
• Benchmarking
• Dedicated service team

About Premier Insurance Management Services Inc. (PIMS)

Incorporated in 1987, PIMS is an Illinois for-profit corporation wholly owned by Premier Inc. PIMS provides contracted management services for American Excess Insurance Exchange, Risk Retention Group (AEIX), and is attorney-in-fact for Premier Insurance Exchange, Risk Retention Group (PRx). PIMS also serves as program manager offering enhanced sponsored programs with leading commercial insurers through a comprehensive portfolio of property, casualty and employee benefit products. Other services include providing claims and risk management assessments and education offerings regarding medical professional liability for hospitals and their physicians. For more information, visit http://www.premierinc.com/risk/tools-services/pims/index.jsp.

About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient

The Premier healthcare alliance is more than 2,200 U.S. hospitals and 63,000-plus other healthcare sites working together to improve healthcare quality and affordability. Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, Premier also has offices in San Diego, Philadelphia and Washington. Follow Premier on Twitter.

Premier Inc.

Alven Weil, 704-733-5797

Source: Premier Inc.

Copyright Business Wire 2009 Premier Insurance Management Services Inc., a wholly owned subsidiary of the Premier healthcare alliance, today announced a new healthcare property risk management program designed to help healthcare providers reduce costs, improve coverage, minimize losses and deliver a superior level of claims service. <ne-topic code="RISKMGMT_A" source="AMX" confidence="100" relevance="860" />