Says it would like to analyze changes in healthcare to help set company’s future course
Boston-based Coverys announced that it has retained the Michael Maglaras & Company to assist the medical professional liability company in exploring its options vis a vis the changes that will be coming to the healthcare industry including the medical professional liability industry. With the hiring of Maglaras & Company, Coverys aims to set a future direction for the company regarding the enhanced delivery of its underwriting capacity and service in areas such as specialized risk management, education and claims handling.
“Being able to tap into Michael Maglaras’s talent and expertise in the area of captive programs and large healthcare delivery system insurance and risk management needs will be a real positive as we look at the future direction of Coverys,” says Gregg Hanson, CEO and president of Coverys. “This review will provide additional insight for us on how to reach healthcare providers who currently may not have access to specialized services within their current insurance program.”
Currently, Coverys provides a wide array of comprehensive risk management and patient safety educational programs to more than 25,000 healthcare providers as well as over 500 hospitals, health centers and clinics that it insures. Maglaras & Company is an international consulting firm specializing in self-insurance and alternative insurance programs. It counts many large health systems with their own captive insurance programs as clients.