Michael RIchards

Standing on the Brink: The Future of Senior Living

Standing on the Brink: The Future of Senior Living

Standing on the brink of transformative change, the senior living industry is currently influenced by a multitude of factors. These include changes in Medicare reimbursements, demographic shifts, staffing shortages, a dwindling number of geriatric specialists,...

The challenge of sourcing GL/ PL coverage in a “judicial hellhole”

The challenge of sourcing GL/ PL coverage in a “judicial hellhole”

There’s no question that Florida is a challenging venue when it comes to sourcing carriers willing to provide GL/PL coverage for the senior living and health care markets. It’s been regarded as being so risky, that many carriers currently avoid any exposure in this...

Social Media challenges for Medical Facilities

Social Media challenges for Medical Facilities

Unacceptable behavior by physicians and healthcare professionals is on the rise, corresponding with increased attacks on physicians by patientsLive streaming of surgical procedures, particularly plastic surgery has become increasingly popular in recent years and while...

Agents should work with a good medical malpractice broker

Agents should work with a good medical malpractice broker

Just another mouth to feed is possibly the first thought when considering the use of a wholesale broker, and in many instances there is an element of truth to that. When you set out working as an independent agent, as with any other field, there is a temptation to “do...

the impact of social inflation on insurance premiums

the impact of social inflation on insurance premiums

Social inflation is a buzzword insurers use to explain the rising costs of insurance claims resulting from primarily increasing litigation arising from more plaintiff-friendly legal decisions and larger compensatory jury awards. While many industry experts put it down...

Senior Care Facilities Rethink Operations post COVID-19

Senior Care Facilities Rethink Operations post COVID-19

With workers in elder care facilities leaving the industry in droves, assisted living and skilled nursing facilities continue to face pandemic problems, with many closing to new admissions and some even closing down.

GenStar™ – Stability in an uncertain market

GenStar™ – Stability in an uncertain market

The healthcare industry has been rocked with more change in the last two years than we've seen in decades, which has led to uncertainty for insurers. The pandemic and the associated implementation of government policies left many people with negative perceptions of...

insurance for hospitals

Hospital Insurance typically covers all or part of the potential liability for hospital services. It includes medical malpractice, accidents involving hospital employees and equipment, care during surgery or any other invasive treatment, after-hours care arrangements by staff who need help with their children and more.

insurance for long term care facilities

Long term care facilities must protect themselves against potential liability arising from incidents within their facility. Westwood can help you negotiate a package tailored to your long term care facility client.

insurance for physicians

The different types of insurance for physicians includes medical malpractice insurance, professional liability insurance, errors and omissions insurance, an umbrella policy, and professional indemnity. As a physician, you should have access to all of these types of insurance.

traditional insurance products

Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.

    Insurance products at Westwood Insurance Group

    You can find more information on the Insurance Products main page.

    If you have any questions on the different policies, check out our Insurance FAQ's

    alternative structures

    Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:

    If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.