Established in 1975, Texas Hospital Insurance Exchange offers a range of insurance products and services for the Texas health care market. Located in Austin, Texas, the organization provides insurance services for personal injuries and accidents, as well as crisis intervention services. Its executive coverage plan provides protection against management errors and omissions for health care organizations. Texas Hospital Insurance Exchange operates a workers compensation program that features payment plans and preauthorization and other managed care services. The organization offers data analysis and consulting services. In addition, Texas Hospital Insurance Exchange employs a staff of administrators, safety officers, risk managers and nursing directors.