The Hanover Insurance Group Inc. announced that it has introduced specialized capabilities for three areas of the health care industry: durable medical equipment, diagnostic services and homecare services.
The new capabilities will protect businesses with up to $15 million in annual revenues, representing nearly 90% of health care risks within its agent partners’ local markets.
“The combination of innovative medical technologies and equipment, and a shift toward more in-home care are driving dramatic growth in the health care marketplace,” Marita Zuraitis, president of The Hanover’s property and casualty businesses, stated in a press release. “This is creating more opportunities for our agent partners in these specialized areas of the business.”
Hanover Medical Equipment Advantage, Hanover Diagnostic Services Advantage and Hanover Homecare Advantage each provides a specialized solution for their respective markets, including coverage for professional liability, general liability, commercial property, commercial auto, umbrella and surety bonds.
Specifically, Hanover Medical Equipment Advantage provides comprehensive coverages for a wide range of businesses that distribute, sell, rent, maintain, repair, install and test durable and disposable medical equipment including durable medical equipment and orthotics and prosthetics.