A STRATEGIC OPPORTUNITY
BerkleyMed’s physician integration solutions give healthcare systems several flexible, yet unified, ways to streamline coverage options with all of their physician partners. This program helps to mitigate, or eliminate, the inherent conflicts and cost-shifting associated with commercial physician liability carriers when a claim involves multiple defendants associated with or employed by the healthcare system. The result: lower defense and indemnity payments associated with the resolution of professional liability claims involving multiple, affiliated insureds.
The program provides a seamless approach for transitioning newly hired and staff physicians into one insurance program that is managed by the healthcare organization. Newly employed physician participants are afforded standard industry protection (or better) supplemented by a comprehensive adjudication philosophy that benefits all parties, which can financially reward the healthcare system with anticipated superior claims experience.
BerkleyMed writes on behalf of Admiral Insurance Company and Berkley Insurance Company, both member companies of W.R. Berkley Corporation with:
A.M. Best Rating A+ (Superior)
Financial Size Category XV
Standard & Poor’s Rating A+ (Strong)
BerkleyMed currently insures over 200,000 physicians 4 residents. Our industry experts are leaders in cutting edge, needs based solutions that are designed to assist you with recruitment and retention with your physician program and strategic plans.