Providing solutions for a changing healthcare industry

Gallagher's Healthcare Practice team does more than place insurance; we become an extension of your risk management team. Our focus is proactive, so you can meet the dynamic needs of healthcare reform and ever-changing healthcare industry and operational issues. You’re able to focus even further on quality initiatives and outcomes as well as the challenges of emerging financial risk.

By offering the partnership creativity and attention of a boutique firm combined with the resources of a large, international organization, we deliver results that help reduce your total cost of risk. Gallagher Healthcare delivers solutions for the many risk challenges you face.

Our expertise includes:

  • Property and liability
  • Workers compensation
  • Automobile
  • Environmental
  • Floods, earthquakes and other natural disasters
  • Evacuation

For alternative risk and financing options, we offer:

  • Single parent captives
  • Group captives
  • Rent-a-captives
  • Micro captives
  • Self-insurance
  • Loss portfolio transfer
  • Reinsurance placement

For some of the most unique issues, we can provide:

  • Privacy and cyber liability
  • Managed care liability
  • Errors and omissions (E&O) for professional liability, billing, etc.
  • Regulatory proceedings
  • ACO integrated products
  • Provider stop-loss
  • HMO reinsurance

For exposures more focused on your personnel and executive team members, we offer:

  • Medical professional liability
  • General liability
  • Directors and officers (D&O) liability
  • Errors and omissions (E&O) liability
  • Fiduciary liability
  • Employment practices liability
  • Kidnap, ransom and other crimes

We examine the emerging exposures and provide strategies to reduce, eliminate, or transfer that risk. Strategies include:

  • Reviewing changing regulatory requirements, compliance, and government audits
  • Electronic and cyber risks
  • Physician practice integration with hospital systems
  • Resurgence of capitation contracting
  • Best practice integrated care coordination/delivery
  • Stark laws, false claims and anti-kickback issues
  • Acquisitions and divestitures
  • Due diligence review and financial analysis
  • Property appraisals

When an incident occurs, we want you to know that the strongest available support system will be involved in your defense on claims advocacy. We will improve your ability to respond before and during crises by giving you direct access to experienced risk management consultants and loss control specialists. These services include:

  • Loss control and loss reporting
  • Carrier advocacy
  • “Incident to resolution” consulting services
  • Reserve monitoring
  • Claims run-off
  • Claims history reviews
  • Claim trend analysis
  • Claims management

Unfortunately, purchasing insurance won’t prevent all claims from happening. Our team offers many types of risk management services to minimize your organization’s exposures. Our specialists provide education and resources on the following topics:

  • Liability risk education and newsletters
  • Clinical risk assessments
  • Facility environment of care consulting
  • Industrial hygiene and hazardous material management
  • Infection control and employee health
  • Communication and psychology of healthcare interaction
  • General risk management and compliance education
  • Catastrophe planning and crisis management

We will thoroughly review your current insurance program, and provide our recommendations. We will also review the available options for retention of risk. In addition, we offer a variety of insurance brokerage services, including:

  • Benchmarking of limits and retentions
  • Marketing and negotiations with carriers
  • Pre-renewal strategy meetings
  • Policy administration and management
  • Monitoring and communication of market conditions
  • Evaluation of risk financing alternatives
  • Insurance-related contract review
  • Loss portfolio transfer
  • Stand-alone “tail” coverage with an extended reporting period (EPR)

Relative to more administrative challenges, we provide:

  • Employee benefits and consulting
  • Private client insurance
  • Claims advocacy, management and loss control
  • Individual life and health benefits

We work with the major insurance carriers in the marketplace, and our primary focus is to provide you with the best coverage and pricing options. We have access to programs that allow for substantial discounts for groups, including benefit plans and risk purchasing options, which can offer larger cost savings than traditional coverage offerings. In addition, we will help you evaluate risk management choices to maximize premium savings.