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Coverys Specialty Insurance Company Coverys Specialty is accessible to select insurance agents and brokers, and has an A.M. Best rating of A (Excellent).
What Is a Clue Report? A CLUE report is a summary of a persons auto or home insurance claim history that all major insurance companies consult when they take on a new customer. The CLUE database, which is run by LexisNexis, lets insurers see any claims that a new customer has filed within the last seven years.
As a leader in medical professional liability insurance for over 45 years, Coverys combines proven insurance protection with data analytics to develop evidence-based processes and risk mitigation intelligence to help you enhance patient safety and reduce the risk of medical errors and claims.
Modified claims-made coverage offers prepaid tail coverage on a claims-made basis. Coverage is triggered in the same manner as in claims-made coverage, but this coverage provides you with automatic tail coverage after the insurance policy expires.
Claim history is a term that may refer to a record of claims made against an insurance policy. It includes the details of any claims made, such as the date, the amount of the claim, the type of claim, and the outcome. It also includes details about any claims that have been denied or abandoned.
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Your claims history The Claims and Underwriting Exchange (CUE), is the central database of motor, home, personal injury and industrial illness incidents reported by insurers which may give rise to a claim. This data is held for 6 years from the date the claim was closed.
Corporate Profile With nearly $4 billion in assets, Coverys is a leading provider of medical professional liability insurance for medical practitioners and health systems.
Purpose of insurance Its aim is to reduce financial uncertainty and make accidental loss manageable. It does this substituting payment of a small, known feean insurance premiumto a professional insurer in exchange for the assumption of the risk a large loss, and a promise to pay in the event of such a loss.

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