A recent survey has uncovered a significant concern for residents in nursing homes: the apprehension of facing retaliation from staff members if they voice their concerns or report instances of neglect or abuse. The study, undertaken by the Long Term Care Community...
The insurance landscape is ever-evolving, and understanding the latest trends can help commercial agents identify opportunities in the marketplace. When we assessed the appetites of a sampling of our top carriers - certain classes of business in healthcare emerge as...
As telehealth continues to reshape the landscape of healthcare delivery following the COVID-19 pandemic, it's been linked to an upswing in medical malpractice claims. This trend is complicating an already challenging insurance market, making it increasingly difficult...
As telemedicine continues to reshape the healthcare landscape, the integration of artificial intelligence (AI) brings both opportunities and challenges. Insurance professionals specializing in telemedicine malpractice must familiarize themselves with the risks and...
Standing on the brink of transformative change, the senior living industry is currently influenced by a multitude of factors. These include changes in Medicare reimbursements, demographic shifts, staffing shortages, a dwindling number of geriatric specialists,...
There’s no question that Florida is a challenging venue when it comes to sourcing carriers willing to provide GL/PL coverage for the senior living and health care markets. It’s been regarded as being so risky, that many carriers currently avoid any exposure in this...
With increased patient mortality rates for 23% of organizations hit by cyber attacks, the looming threat of medical malpractice claims far outweigh any other costs. Healthcare providers are increasingly being targeted by cyber criminals for patient data, causing...
Unacceptable behavior by physicians and healthcare professionals is on the rise, corresponding with increased attacks on physicians by patientsLive streaming of surgical procedures, particularly plastic surgery has become increasingly popular in recent years and while...
Cyber security is a growing problem for healthcare providers, who often struggle to keep the records of their patients secure. Cyber insurance coverage is not generally mandated by law and many healthcare organizations remain uninsured, even though laws and...
Unacceptable behavior by physicians and healthcare professionals is on the rise, corresponding with increased attacks on physicians by patientsThe leading online global destination for physicians and healthcare professionals worldwide, Medscape, recently released a...
Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.
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Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:
If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.