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 digital healthcare revolution has taken the country by storm - an exciting new area, where opportunities abound for commercial agents. This rapid growth, was fueled by a combination of changing lifestyle trends, technological advancements and a shortfall in...
Navigating the labyrinthine world of malpractice insurance can be a daunting task for commercial agents. With a plethora of carriers, coverage options, and pricing tiers to choose from, finding the right policy can become a time-consuming endeavor fraught with...
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...
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...
Just another mouth to feed is possibly the first thought when considering the use of a wholesale broker, and in many instances there is an element of truth to that. When you set out working as an independent agent, as with any other field, there is a temptation to “do...
Sometimes with rapid advances in technology, litigation laws and insurance policies lag behind. This is a danger with telemedicine malpractice insurance. In this climate of change, if insurance agents are going to continue providing the best possible service to their...
Social inflation is a buzzword insurers use to explain the rising costs of insurance claims resulting from primarily increasing litigation arising from more plaintiff-friendly legal decisions and larger compensatory jury awards. While many industry experts put it down...
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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.