Page 58 - HopeWest
P. 58
Next steps
Next steps/Lockton engagement timeline (cont.)
ONGOING
DATA LIST
SERVICES
• Insurance • Loss data (can • Establish and revisit • Answer questions
summary (list of be obtained from service timeline and provide research
policies, insurers, insurers with BOR • Educational seminars or advice as needed
policy numbers) — letter) • Off-cycle meetings
if available* • Statement of • Review contracts/ with underwriters as
• Current policies* values leases for insurance required
implications and
• Most recent • Workers’ issue certiicates as • Periodic reports
application Compensation needed describing open
(Professional payroll schedule • Conduct regular items, status of
Liability, EPL, D&O, • CV of director of client meetings to special projects, and
and Cyber) nursing review organizational other relevant issues
• Most recent COVID • Stafing contract changes and • Consider risk
questionnaire (medical director) potential new inancing strategies
• Management — if available/ exposures − Captive
agreement applicable • Provide regular − Risk retention
(template) * These items are needed updates regarding groups
• Organization chart to prepare and execute market conditions/ − Volatility
broker of record letters
• Financials products modeling
HopeWest — Lockton: A collaborative Healthcare Practice review 58 Lockton Companies
Next steps/Lockton engagement timeline (cont.)
ONGOING
DATA LIST
SERVICES
• Insurance • Loss data (can • Establish and revisit • Answer questions
summary (list of be obtained from service timeline and provide research
policies, insurers, insurers with BOR • Educational seminars or advice as needed
policy numbers) — letter) • Off-cycle meetings
if available* • Statement of • Review contracts/ with underwriters as
• Current policies* values leases for insurance required
implications and
• Most recent • Workers’ issue certiicates as • Periodic reports
application Compensation needed describing open
(Professional payroll schedule • Conduct regular items, status of
Liability, EPL, D&O, • CV of director of client meetings to special projects, and
and Cyber) nursing review organizational other relevant issues
• Most recent COVID • Stafing contract changes and • Consider risk
questionnaire (medical director) potential new inancing strategies
• Management — if available/ exposures − Captive
agreement applicable • Provide regular − Risk retention
(template) * These items are needed updates regarding groups
• Organization chart to prepare and execute market conditions/ − Volatility
broker of record letters
• Financials products modeling
HopeWest — Lockton: A collaborative Healthcare Practice review 58 Lockton Companies
