Skip to main content
Marsh logo

MEDPREX: Enhanced medical professional liability and umbrella insurance coverage

MedPREX (Medical Professional Excess) combines elements of many existing medical professional liability offerings into a single excess policy form to be used by commercial insurers.
Contact us

Medical professional liability (MPL) insurance is one of the most important coverages for any hospital or health care provider. But commercial MPL policy forms can vary a great deal from one insurer to another. Competing policies may offer favorable terms and conditions in some areas, but have important drawbacks in others — meaning that insurance buyers have historically been unable to secure all of the favorable terms and conditions that they’d like in a single MPL policy.

Marsh’s MedPREX (Medical Professional Excess) combines beneficial elements of many existing MPL offerings into a single excess policy form to be used by commercial insurers. Developed by Marsh’s US Casualty and HealthCare practices in conjunction with leading health care insurers, the enhanced policy is intended to offer hospitals and health care providers broader and more favorable MPL insurance and umbrella coverage designed to respond when it’s needed.

Superior MPL coverage

Marsh’s MedPREX provides a consistent form for health care buyers of MPL coverage. In addition to reducing potential gaps in coverage when buyers change insurers, the enhanced policy form offers favorable terms and conditions that Marsh has negotiated with leading MPL insurers, including:

  • A managed care errors and omissions (E&O) coverage grant, allowing for coverage that is typically only available as a separate policy.
  • Unaggregated excess limits where primary limits are unaggregated.
  • A broad definition of “batch” claims, allowing for more effective coverage for catastrophic health care events.
  • Favorable claim reporting language.
  • Favorable sexual misconduct language.
  • Most favorable venue language for punitive damages (where permissible).
  • The right to consent to settle.
  • Umbrella coverage on a follow form basis.
  • Automatic coverage for newly acquired entities.
  • More expansive global coverage, allowing for coverage of litigation brought outside of the US.
  • Pay on behalf of coverage.
  • An employee benefits liability coverage grant.

Powerful risk management services and solutions

Hospitals and health care providers benefit from Marsh’s health care industry knowledge and casualty insurance market expertise. We can deliver:

  • Powerful analytics. We help you use data and analytics to make smarter decisions about insurance program structure — including choosing appropriate limits and retentions — and better prepare you for negotiations with underwriters.
  • Clinical risk resources. Our clinical risk consultants offer health care organizations services designed to improve the quality of patient care and safety, reduce professional liability exposures, meet regulatory and accreditation standards, and reduce financial and reputational risk.
  • Claims advocacy. Marsh’s team of claims professionals focused on the health care industry can help you quickly resolve even the most complex and potentially contentious claims.

For more information about MedPREX contact your local Marsh representative.

Fact sheet

MEDPREX

Enhanced medical professional liability and umbrella insurance coverage

Download PDF