Leverage Innovation for a Thriving MPL Industry In a firming market, insurers and providers must adapt creatively to changing circumstances. Many of the Medical Professional Liability (MPL) Association member companies were established in the 1970s so that physicians could protect themselves while caring for patients. Fifty years later, that mission remains. BY AMY BUTTELL FREE
AM Best Ties Innovation to Financial Strength Innovation supports market share growth and efficiency improvements. Innovation in the insurance industry is dependent on an insurer’s line of business. Some lines end themselves more readily to innovative strategies than others. BY DAVID BLADES AND JASON HOPPER FREE
Following a Roadmap to Innovation When it comes to innovation, leadership, creativity, and decision making, Michael Roberto wrote the book. Literally. BY AMY BUTTELL Premium Content
The Algorithm Will See You Now How AI’s healthcare potential outweighs its risk . Start-up companies using artificial intelligence (AI) for healthcare raised $864 million through 75 deals, a record amount of funding, in the second quarter of 2019. By Richard Anderson FREE
Managing Late-career Clinician Risk Aging clinician population rises as demand for healthcare increases. As clinicians age, many questions arise about how to protect their well-being and that of their patients through the aging process. BY AMY BUTTELL FREE
Perspective Innovation, Collaboration Key to Success People around the world are keenly focused on healthcare as we face the impact and implications of the coronavirus. BY PRESIDENT, BRIAN ATCHINSON FREE
MPL ASSOCIATION DSP Gastroenterology 2009-2018 Gastroenterology claims and lawsuits closed between 2009 and 2018 were reviewed in the MPL Association Data Sharing Project. FREE
Industry Update A Hardening Market Arrives in Time to Greet a Global Pandemic The year 2019 marked a turning point for the medical professional liability (MPL) insurance industry. Reserve releases declined to less than 5% of premium. BY SUSAN J. FORRAY AND CHAD C. KARLS FREE
Tech Talk Drive Innovation with Technology Upgrades Technology is at the center of most changes in insurance companies. It facilitates business and operating model transformation and positions them to respond nimbly to competitive threats. On the other hand, if technology is dated and inefficient, it can block change. BY MARTIN LIPPIETT Premium Content
Legislative Update How the MPL Association Led Public Policy During the COVID-19 Crisis As 2020 began, a U.S. national election was unfolding and lobbyists were counting down the limited number of days available to seek Congressional action on issues before politics would effectively shut down anything resembling negotiation or compromise. BY MICHAEL C. STINSON Premium Content
International Perspective The Dutch MPL Experience: A Perfect Storm? Rising claims and claim severity test providers, hospitals, insurers. In the Netherlands, the medical professional liability (MPL) market is simple, divided between insurers that cover hospitals and those that insure medical professionals. BY MELCHIOR SPIES AND CLAIRE BLAAUW FREE
Case and Comment Beware of Potential MPL Verdict Appeals We the jury find for the Defendant, Dr. David Kettner.” Dr. Kettner, a family practitioner, bowed his head and breathed a deep sigh of relief. It’s finally over, he thought. BY LINDA A. HAY AND SUSAN A. WAGENER Premium Content
The Asset Side Real Estate Offers Attractive Upside Potential Up and to the left of the efficient frontier— the outlook for U.S. real estate remains. Driven by favorable structural factors and declining rates, the U.S. real estate market looks to carry forward its stable returns into 2020. By DWS Group Real Estate Research, Insurance Coverage-Americas and Multi-Asset & Solutions Teams FREE