’We aim to strip away bureaucracy and establish meaningful partnerships with our customers,’ says chief executive
Altea Insurance, a new specialty indemnity provider targeting the healthcare sector, has been launched.
The firm is headquartered in London and will be led by former senior Axis executive Carly Matson as chief executive.
Its proposition includes offering real-time risk and claims insights, as well as instantaneous quotations and streamlined policy administration.
It will also provide capital efficiency to clients through multi-year and multi-class insurance solutions.
“We aim to strip away bureaucracy and establish meaningful partnerships with our customers,” Matson said in a statement last week (27 July 2023).
“Our clients can purchase insurance for their business with a one-stop approach rather than having to traverse the traditionally siloed market.
“When coupled with Altea’s unique proactive risk management, our clients become partners and we grow together.”
Products
Altea’s products cater for a range of healthcare individuals and organisations, such as those in the complementary and beauty therapy or allied health space.
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Its products are also aimed at miscellaneous and medical, for-profit, corporate, charitable, educational and clinical research entities.
The insurer, which is backed by Mission Underwriters UK and Europe, will have a team providing a tiered risk management product suite aimed at identifying exposures and addressing them.
Adrian Morgan, chief executive of Mission Underwriters UK and Europe, said the firm was “excited to support” the business and Matson with “significant resources”.
“With 20 years of experience in the medical negligence sector, Carly is an exceptional and innovative pioneer in the sector,” he said.
“Her passion and drive to redefine insurance and risk management solutions for the health and care sector ultimately led to the creation of Altea.”
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