The Context
The applicant, an Ontario-based medical diagnostic clinic, was actively seeking a comprehensive and streamlined insurance solution specifically tailored to meet the unique needs of their organization, considering the full range of diagnostic, imaging services and healthcare services provided to patients.
The Business Need
The applicant was looking for a consolidated, all-in-one policy to replace their existing setup, which involved multiple policies with varying expiry dates and insurers. In response, the broker assessed the client’s exposures and inquired about any potential gaps in coverage.
The Solution
SWG successfully addressed existing coverage gaps, recognizing the need for cyber insurance due to the organization’s provision of online medical results to patients. We delivered a tailored solution that not only met their cyber liability needs but also streamlined their insurance structure by consolidating coverage under a single policy number and term date. This simplification will make future renewals significantly more efficient for the insured.
