Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare professional liability insurance policyholders for the costs of pre-approved risk management services of their choice.
Leo Carroll, senior vice president, Healthcare Professional Liability, at Berkshire Hathaway Specialty Insurance said the approach will be collaborative and enable the insurer to work with its healthcare customers during the underwriting process. Once an opportunity to collaborate is agreed upon, customers can request reimbursement for many types of services, from clinical risk management support, to quality and patient safety initiatives — using the vendor of their choice. The reimbursement value is in proportion to the Berkshire Hathaway Specialty participation on the insurance program.
Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines insurance and programs for customers across the U.S. It is a division of Berkshire Hathaway’s National Indemnity group of companies. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Chicago, Los Angeles and New York.
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