Coverys named Brian J. Farrell Jr. senior vice president of claims. Farrell was most recently vice president of claims at Chubb, where he was responsible for differentiating the claims experience and solution management for large and complex clients. Coverys is …
Gallagher Bassett Hires Cyber Practice Leader Kirsten Mickelson has joined Gallagher Bassett as cyber practice leader for its specialty liability division, GB Specialty. Mickelson has more than a decade of cyber claims industry experience, GB said in a press release. …
Two research papers released in the past several weeks both point to the significance of diagnostic errors as a source of medical malpractice claims. A peer-reviewed paper published in Diagnosis on July 11 found that inaccurate or delayed diagnoses were …
Two studies released this week underscored the significance of misdiagnosis as a source of medical malpractice claims. Coverys, a malpractice carrier based in Boston, reported that a review of 1,800 closed claims against physicians from 2013 to 2017 showed 46% …
Sheps Promoted to VP of Claims at Coverys Coverys, a provider of medical professional liability insurance, announced the appointment of Stephanie Sheps to vice president of Claims. Sheps inherits the position from Barbara Staples who recently retired from the organization …
Diagnosis-related events are the single largest root cause of medical professional liability claims, accounting for 33 percent of all claims and 47 percent of indemnity payments, according to Boston-based medical professional liability insurance provider Coverys. The insurer’s latest “Dose of …
Coverys Invests in Patient Engagement, Medical Education Companies Coverys, a medical professional liability insurance provider, announced investment in two separate organizations, Knowledge Diffusion, Inc. (Osmosis) and Pack Health, LLC (Pack Health). Both organizations provide innovative resources that help improve patient …
KCC Releases RiskInsight-lite Live Cat Model Catastrophe modeling firm Karen Clark & Company (KCC) announced the release of RiskInsight-lite, a new modeling platform that enables (re)insurers to track their claims and losses in real time from live hurricanes as well …
EPS Settlements Group Rebranded as Arcadia EPS Settlements Group recently announced the company’s refreshed brand, including its new name – Arcadia – and logo. Arcadia was born out of a desire to create long-term financial security and an improved quality …
Coverys Announces Acquisition of Med-IQ Coverys announced the acquisition of Med-IQ, a global provider of medical education and healthcare quality improvement. Baltimore-based Med-IQ provides certified educational courses for clinicians; offers a suite of educational services to hospitals, academic medical centers, …