Berkshire Hathaway Specialty Insurance Group, the Boston-based commercial insurance arm of Berkshire Hathaway Inc., on Wednesday announced that it now offers reimbursements to its health care professional liability clients for pre-approved risk management services.
Based on discussions of their risk management goals during the underwriting process, health care providers that purchase professional liability coverage from Berkshire can request reimbursement for clinical risk support, quality of care and patient safety initiatives and other risk management services they receive from their broker or other third-party vendor.
"Our approach allows us to be flexible in providing support precisely where our customers ask for it, whether they want to expand the use of the risk management services they receive from their broker, or bring greater focus to assessing specific clinical risks," Leo Carroll, senior vice president of Berkshire Hathaway Specialty’s health care professional liability practice, said in a statement released on Wednesday.
Berkshire said in the statement that the dollar amount of the reimbursements available to health care provider clients is determined in proportion to the value of their professional liability insurance program.