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Actuarial Support for Insurance Buyers
Shirley Fuller Cooper April 1, 2003
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Overview Background Role at HCA Inc. Relationship with actuaries
Negotiations Conflict? Q & A
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Design and Develop Insurance Programs
Partner with Insurance Brokers Provide coverage assistance to facilities Property, Tank, & Exec Liability claims oversight Physician/Medical Malpractice Underwriting Maintain exposures Regulatory compliance Policyholder service
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Major Negotiations Director’s & Officer’s Liability
Workers Compensation Hospital Professional Liability Property Physician Malpractice
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Actuarial Support Hospital Professional Physician Malpractice
Workers Compensation
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Expectations Credible in the industry Understand the business
Understand the data Firm handle on calculations Rely on final decisions
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Negotiations Broker In-house Independent Carrier
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Conflict? Management expectations Funding Insurance contract
Continued relationship
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