Skyward Specialty Insurance announces individual provider coverage

Skyward Specialty Insurance Group is expanding its coverages in the healthcare sector adding a new solution catering to the distinct needs of E&S individual providers, including physicians. The healthcare landscape continues to present new challenges and opportunities for healthcare professionals, especially for individual providers and physicians. The demand for this type of coverage has outpaced the insurance market’s capacity and capabilities, resulting in a growing need for bespoke solutions for healthcare professionals. Additionally, the nation is facing an unprecedented shortage of individual providers and physicians with fewer healthcare professionals entering the market and experienced professionals leaving the market due to costly malpractice suits and rising costs of litigation. Many practitioners have difficulty obtaining tailored solutions due to their history and often are left with limited coverage options and even fewer carriers to turn to. The Company’s newly named Healthcare Solutions underwriting unit, formerly known as Allied Health, was established in 2021. Since that time the Company has taken bold steps to reach underserved markets beyond the traditional Allied Health scope. The Healthcare Solutions team will begin accepting submissions for Individual Provider coverage on Monday, October 2.