Policy Attributes
At BerkleyMed, we are particularly proud of our underwriting capabilities and the resources we have to offer. We take a multi-disciplined underwriting approach that incorporates finance, claims, risk management, actuarial, and underwriting expertise. This process gives our Underwriting and Policy Issuance Team a unique insight into analyzing your organization so that we can work to match policy terms, conditions, and structures for long term cost stability.
Customized Risk
Financing Structures
Innovative, flexible, and responsive are all used to describe the
risk financing structures that the BerkleyMed team has developed to
meet the needs of our clients. We will work with you, as a
BerkleyMed client, and your broker to determine the best structure
alternatives to meet your needs. Some example structures
include:
- Performance based programs
- Non-traditional aggregate protection
- Multiple aggregate limits programs
- Multi year agreement
Coverage Forms and
Endorsements
Manuscript endorsements reinforce our commitment to offer
creative, flexible, and timely solutions for your organization's
needs. We are constantly working to adapt our Coverage Forms and
Endorsements library to address the ever-changing healthcare
environment.
Coverage
Forms
- Stand Alone Excess
- Follow Form Excess
- Facultative Reinsurance Certificate
Potential Endorsements
- Treatment of Expenses, Costs and Interest - Indemnity Only, Eroding or Pro-Rata
- Batch Event
- Aggregate Limits of Liability - Dual Tower Structure
- Renewal Agreement - Multi Year Programs
- Physicians as Insureds
- Conditions - Extended Reporting Period - Specify Maximum Premium Percentage Applicable to ERP
- Named Perils Patient Injury
- Conditions - Cancellation - Financial Rating of Company
