Risk Mitigation Services
Securing a policy with BerkleyMed
means that you get more than a customized risk financing solution;
it means you partner with industry experts who can actively assist
you in making informed decisions about managing your organization's
professional liability exposure across multiple domains such
as:
Operational risks - threats to patient safety and
liability,
Financial risks - threats to revenue and increasing
expenses, and
Legal and regulatory risks - compliance and
accreditation standards.
BerkleyMed focuses exclusively on professional liability excess
coverage and risk mitigation services for the healthcare
industry. Our risk mitigation services in data analysis,
clinical risk management, and
claims
management work collaboratively to create and execute
well-defined service strategies that assist you in controlling
losses and improving patient safety. By preventing and
controlling losses, both in the retained and excess layers, we can
work together to reduce Total Cost of Risk with services that focus
on:
Our data
analysis and benchmarking capabilities can help your
organizational leaders make more informed decisions in allocating
resources by identifying specific loss drivers and quantifying the
potential financial impact of a change in practice.
Our Clinical Risk Management
professionals are available to perform targeted on-site reviews
based on your expressed or identified organizational needs.
These assessments can result in recommendations for specific
changes to patient safety and loss control practices that are
proven to reduce liability and other operational risk.
Our Claims Management staff averages over
25 years of experience per team member in the technical oversight
and resolution of high exposure professional liability
claims. The team is available as a resource to assist in
establishing best practices for your program and achieving the best
possible outcomes when events do occur.
