Episode 30: Managing Business Risk with Malpractice, Cyber and EPLI Coverage - Insurance 101

Medical Money Matters with Jill Arena

Medical Money Matters with Jill Arena
Episode 30: Managing Business Risk with Malpractice, Cyber and EPLI Coverage - Insurance 101
Jun 20, 2023 Season 1 Episode 30
Jill Arena

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Managing business risk is becoming a larger issue for medical practices every day. Risk of lawsuits and penalties or fines for being out of compliance is high, and with our society becoming more and more litigious, it is paramount to manage that risk.

Good communication, good systems and good workflows can mitigate quite a bit of risk, and it's important to round out your strategy with a good complement of insurance products. While there are many on the market today, our expert, Shawn Chummar helps to walk us through some of the basics around the top three: medical malpractice insurance, cyber liability insurance and Employment Practices Liability Insurance or EPLI. Shawn brings many years of experience in the insurance industry to bear, as he walks us through different risks for any medical practice, and how best to mitigate them.

Learn strategies for right-sizing your insurance spend, selecting the coverage that will serve you best, and how to partner with your insurance carrier so you can make use of the many resources they have to offer.

Shawn is available for consults, and can be reached at shawn@chummar.com. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop!
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