Questions To Ask Your Broker
Whether you are considering
moving to a self-insured program or have been self insured for many
years and are looking to change insurance carriers, there are
several questions you should consider when evaluating a potential
partner to meet your hospital professional liability (HPL)
needs.
Do they have the necessary
experience?
At BerkleyMed, we focus exclusively on HPL insurance and seek to
be the market leader within the industry. Our team of experts
can assist you to assess, quantify, and manage your organization's
professional liability program and meet your program's goals and
objectives.
Do they provide adequate
coverage?
We work collaboratively with you and your broker to understand
your organization's goals and objectives for a risk financing
program. By understanding your organization, BerkleyMed can
partner with you to create a customized risk financing program that
addresses your unique needs and offers adequate protection.
Will they help my
organization achieve its strategic business
objectives?
Whether you are trying to reduce costs, improve quality, or
determine where to invest resources in your professional liability
program, BerkleyMed wants to be your organization's business
partner. Supporting you with specialized expertise, the
BerkleyMed team can help you prepare for what lies ahead and
navigate the risks associated with doing business.
Will your hospital professional liability
insurance provider be there for the long term?
BerkleyMed is a member company of the W.R. Berkley Corporation, a
well-capitalized insurance holding company with A+ financial
ratings from S&P and A.M. Best. We operate nationally as
a lead excess insurer or reinsurer, with our core business focus on
the hospital professional liability market. Our exclusive
focus on the healthcare industry and collaborative approach to
working with clients means that we build the foundation for a long
term partnership with each healthcare organization that we
insure. Together, we will take a long term focus on helping
your organization to prepare for what lies ahead in its self
insured program.
