Joining a captive insurance company is a significant undertaking that requires careful consideration. In this video, Michael J. O'Neill of ACIG advises organizations to involve an unbiased and thorough professional captive insurance consultant when reviewing all elements of the captive insurance company under consideration.
Michael Maglaras, principal at Michael Maglaras & Company, speaks about how healthcare liability captives will be at the forefront of quality improvement and enhanced outcomes under accountable care, requiring expanded budgets that integrate more service providers, consulting assistance, and software.
Michael Maglaras, principal at Michael Maglaras & Company, discusses how accountable care is resulting in the marriage between claims activity and quality. Healthcare captives mine their claims data to instruct quality improvement and, most significantly, how this is key to managing reputational risk.
Michael Maglaras, principal at Michael Maglaras & Company, discusses three areas where healthcare liability captives will play an increased role in the future as a result of Affordable Care: directors and officers liability, cyber and breach liability, and stop-loss capitation.
According to Lynn Sheils, general counsel of EWI Reinsurance, under the notice clause, the cedent must notify the reinsurer when there is a claim that may fall within the reinsurance.