Run Time: 6:26
Changes in Underwriting Medical Professional Liability
The United States is undergoing a massive transition — and that’s healthcare reform, says Genevieve Alexander, assistant vice president of NAS Insurance. There's a lot of pressure and there's a lot of change happening at both the state and federal level. And those changes are altering how underwriters view the medical liability market. As an underwriter, “you have to understand how their world is changing, beyond traditional medical malpractice,” she says. In this interview from the PLUS Medical Professional Liability Symposium in Chicago, Alexander discusses why it’s important for underwriters to truly understand the changes their medical liability insureds are facing in a healthcare reform world, how underwriting has changed from just a few years ago, and how the insurance market is responding to meet the needs of the medical community.