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Search results for: Medical-Malpractice-Errors-and-Omissions
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https://completemarkets.com/Article/article-post/2419/Positioning-Is-An-E-O-Issue/
...icant shift in positioning in the medical field. Increasingly, doctors are pro...an do right by her companies, clients, and agency.
https://completemarkets.com/Article/article-post/2740/Read-This-to-Reduce-the-Overwhelm-of-Small-Business-Insurance-Requirements/
... financial compensation to cover medical bills and a portion of lost wages.
...an you don’t need them. What you need and what the law requires can be two ve...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2419/Positioning-Is-An-E-O-Issue/
... and recommend a second opinion. This doctor will inform, discuss, describe, and recommend, but leave any decision to the patient. This physician is positioned as a resource. During the past 20 years, we have seen a significant shift in positioning in the medical field. Increasingly, doctors are projecting the image of a resource, rather than that of an expert. Do you think this shift occurred because someone convinced physicians they were not omnipotent? Or do you think it was a calculated move to reduce the frequency and ... of Medical Malpractice claims, a loss-control measure to stem the tide of rising insurance premiums? Positioning and the Agent The insurance industry can learn a lot from the medical profession. The roles of agents also determine their legal responsibilities. Positioning tells the consumer what they can expect from the insurance transaction. It also helps inform clients which responsibilities, if any, remain on their shoulders. Let's look at an industry example to clarify the importance of positioning and expectations. Whenever Paula writes Property coverage, she becomes involved in setting the insurance ... prices. She'll never write as much new business as Fast Phil, but Paula makes up for it in retention. She lacks the technical expertise of Kelvin, but her clients trust her; some consider her a friend. Which of these three agents has the greater errors and omissions (E &O ) exposure? Which is more likely to be sued for mishandling an account? In today's legal environment every agent has a significant professional liability exposure, but each agent's exposure differs. A claim filed against Fast Phil is likely to ...
https://completemarkets.com/Article/article-post/164/Windows-Of-Opportunity/
...s liability, pollution liability, medical malpractice, bonding and others.
...crop. That gives us a good loss ratio, and keeps our companies happy, because ...