Risk Financing Programs
BerkleyMed is focused on providing value beyond the insurance transaction in everything we do. By integrating the unique needs of your healthcare facility into creative risk financing and risk mitigation products and services, we strive to be not just your lead insurance carrier, but your business partner.
As a needs-based, consultative provider, the program structures we offer to our clients are unique and tailored to their risk tolerance, risk appetite, and financial need. Our programs do, however, share many core attributes, including:
- Financial support from our affiliation with the W.R. Berkley Corporation, an insurance holding company that is among the largest commercial lines writers in the United States
- Capacity up to $25 million, in claims-made hospital professional liability limits through excess policies, which are issued on Admiral Insurance Company paper, and reinsurance certificates, which are issued on Berkley Insurance Company paper, both A+ rated companies
- Minimum attachments that take into account your organization's risk and financial appetite
- Nationwide distribution for facilities from all U.S. geographic regions through independent agents and brokers
