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P. 57
Next steps
Next steps/Lockton engagement timeline
AUGUST SEPT. OCT.
2020 2020 2020
FIRST 15-30 DAYS 30-60 DAYS
• Discuss Lockton engagement process • Ensure administrative issues effectively • Review other service
• Request program documentation transitioned, hold weekly action item calls providers: TPAs,
− See data list • Receive data from HopeWest and insurers attorney irms,
actuarial irms
• Execute broker of record letter − Generate follow-up exposure questions • Work on budget
− Most insurers have a 10 day based on data received process for the
waiting period • Assess for immediate red lags pending any open
− HopeWest to request current • Complete coverage analysis projects/new facilities
broker waive the 10 days − Detailed review of coverage terms • Review loss
• Request complete loss information and conditions, policy wording, and prevention services
from the carriers provisions, including coverage counsel available and present
feedback to team
• Open portal for data gathering • Conduct underwriter meetings (as needed)
• Client/Lockton strategy session (irst • Discussions around
creating a heat
15 days) • Discuss and conirm panel counsel map and irst-step
− Identify 2020 priorities and selections engagement for an
address detailed renewal timeline • Loss control program review and ERM process
assessment
HopeWest — Lockton: A collaborative Healthcare Practice review 57 Lockton Companies
Next steps/Lockton engagement timeline
AUGUST SEPT. OCT.
2020 2020 2020
FIRST 15-30 DAYS 30-60 DAYS
• Discuss Lockton engagement process • Ensure administrative issues effectively • Review other service
• Request program documentation transitioned, hold weekly action item calls providers: TPAs,
− See data list • Receive data from HopeWest and insurers attorney irms,
actuarial irms
• Execute broker of record letter − Generate follow-up exposure questions • Work on budget
− Most insurers have a 10 day based on data received process for the
waiting period • Assess for immediate red lags pending any open
− HopeWest to request current • Complete coverage analysis projects/new facilities
broker waive the 10 days − Detailed review of coverage terms • Review loss
• Request complete loss information and conditions, policy wording, and prevention services
from the carriers provisions, including coverage counsel available and present
feedback to team
• Open portal for data gathering • Conduct underwriter meetings (as needed)
• Client/Lockton strategy session (irst • Discussions around
creating a heat
15 days) • Discuss and conirm panel counsel map and irst-step
− Identify 2020 priorities and selections engagement for an
address detailed renewal timeline • Loss control program review and ERM process
assessment
HopeWest — Lockton: A collaborative Healthcare Practice review 57 Lockton Companies
