Risk Mitigation Service Offerings
Your clients place trust in you as their broker and trusted advisor to deliver HPL program options that recognize their business strategies, financial positions, and service needs. At BerkleyMed, we work strategically with you to provide more than just a policy - we provide Value Beyond Insurance with customized risk financing program solutions and risk mitigation services that recognize the unique needs of your healthcare clients. Our experienced Client Service Team works collaboratively to pool their industry knowledge and expertise to provide actionable recommendations for preventing and controlling losses, improving patient safety and quality, and reducing Total Cost of Risk.
Specialized Services
| Optimized Outcomes
Just as your clients would not evaluate a patient without
the proper equipment, a healthcare organization's professional
liability exposure should not be evaluated without the proper
technology, resources, and expertise. BerkleyMed offers an
opportunity to partner with a carrier that can actively assist you
in helping your client make informed decisions about managing
exposures to risk. We are dedicated to working
collaboratively with you to understand your objectives for each
client and offer services that assist them in working to:
The Data Service Team has
created and utilizes the most comprehensive claims database in the
industry. Our database uses a proprietary key-word search
algorithm to classify claims by department, allegation, and patient
injury. This level of detail allows us to compare a
healthcare facility's claim frequencies, severities, and
adjudication costs with those of peer hospitals to deliver
information on specific loss drivers and quantify the impact of a
change in practice.
BerkleyMed Clinical
Risk Management Consultants have earned the Certified
Professional in Healthcare Risk Management (CPHRM)
credential and other industry-related designations, including a
Distinguished Fellow with the American Society of Healthcare Risk
Management. These professionals take a multi-faceted approach
to meeting your client's clinical risk management needs and offer a
variety of services focused on improving patient safety and
preventing losses from occurring.
Our Claims
Management Team members average over 25 years of experience
with technical oversight and resolution of high exposure
professional liability claims. We have Claims Managers
positioned throughout the United States who will work
collaboratively with you and your client to develop catastrophic
claim management strategies, including referrals to national
counsel and industry experts, in order to achieve the best possible
outcomes.
