Berkshire Hathaway Specialty Insurance has added risk management support services to its healthcare professional liability portfolio.
With this development, the company will reimburse insurance policyholders for the costs of pre-approved risk management services chosen by them.
During the process, the underwriters will communicate with customers and brokers regarding risk management goals.
If a collaboration is agreed, customers can claim reimbursement for various services ranging from clinical risk management support to quality and patient safety initiatives.
Reimbursement value will be based on the participation of Berkshire Hathaway Specialty on the insurance program.
Berkshire Hathaway Specialty Insurance Healthcare Professional Liability senior vice president Leo Carroll said, "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."