Curi Announces New Chief Operating Officer for Insurance Solutions Business

April 28, 2021 by matray

Curi today announced the appointment of Brad Diericx to chief operating officer of the company’s Insurance Solutions business. In this new role, Diericx will lead the core elements of Curi’s long-standing insurance business, including its medical professional liability offering. Diericx joins Curi from HDI Global, the German international insurance group, where he served most recently as president and chief financial officer of U.S. operations. With more than 26 years of experience in the insurance space, Diericx will be focused on maintaining and growing the company’s insurance footprint and portfolio.

“We are excited to have a seasoned leader like Brad at the helm of our insurance business,” said Robert Schaaf, MD, Curi board chairman. “Brad’s experience in the insurance space makes him uniquely qualified to serve Curi’s members and member practices — all while maintaining focus on the financial discipline that has underpinned Curi’s insurance success for decades.”

“With Brad, we are gaining a strategically creative and talented individual who will be sharply focused on providing extraordinary service to our members,” said Jason Sandner, incoming Curi CEO. “I am thrilled to have him join our talented Insurance Solutions team and know he will play an integral role in delivering on our enterprise-wide mission of helping physicians in medicine, business, and life.”

“I have watched Curi’s growth from afar for many years and am proud to be joining this team at such a pivotal time for both Curi and the physician community at large,” said Diericx. “Physicians and their practices are facing more challenges than ever before, and I look forward to working with the Insurance Solutions team to ensure we’re continuing to meet the needs and exceed the expectations of those we serve.”

Posted in Appointments and Promotions, Curi | Leave a comment
AM Best to Host Webinar on the State of the Medical Professional Liability Market

April 19, 2021 by matray

AM Best will host a complimentary webinar exploring the state of the medical professional liability (MPL) insurance market on Thursday, May 13, 2021, at 10:00 a.m. (EDT). AM Best analytic personnel and insurance industry leaders will examine MPL insurers’ underwriting and operating results, pandemic-related challenges in the healthcare industry, and regulatory and industry developments.

. AM Best has a negative market segment outlook on the MPL insurance market, as explained in AM Best’s annual report on MPL insurers. This segment could be facing one of its most difficult periods in the last decade or more, partly due to the COVID-19 pandemic. During the event, the panel will discuss the present day and potential future impacts of the pandemic on MPL insurers.

Register now at www.ambest.com/webinars/MPLI21.

Panelists include:

· Sharon Marks, associate director, AM Best;
· David Blades, associate director, AM Best;
· Brian Atchinson, president & chief executive officer, MPL Association;
· Timothy J. Kenesey, president & chief executive officer, MedPro Group;
· William J. McDonough, president & chief executive officer, Constellation.

Attendees can submit questions during registration or by emailing webinars@ambest.com. The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.

Posted in A.M. Best, Medical Malpractice News, Medical Professional Liability Insurance | Leave a comment
South Carolina Medical Malpractice Association to Host Mandatory Pre-Bid Conference for Submitting a Proposal in Response to SCMMA RFP No. 2021-001

April 14, 2021 by matray

To All Interested Persons:

The South Carolina Medical Malpractice Association (SCMMA) is hosting a mandatory pre-bid conference for all persons interested in submitting a proposal in response to SCMMA RFP No. 2021-001 (announcement and RFP can be found here for more details). The mandatory pre-bid conference will be held on April 19, 2021, at 1:00 p.m. at the offices of the South Carolina Department of Insurance in Columbia, South Carolina. Anyone interested in submitting a proposal must attend the conference. This will be an in-person meeting.

Please contact John Tiencken, Esquire, at jtiencken@tienckenlaw.com if you have any questions or concerns.

The SCMMA is organized as a nonprofit corporation established under South Carolina law for the purpose of assuring the availability of medical malpractice insurance and other professional liability coverage to licensed South Carolina health care providers on a self-supporting basis. The Association provides medical malpractice insurance coverage in South Carolina to those health care providers that cannot find coverage in the voluntary or private market.

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Curi Enhances Practice Advisory Services with Acquisition of Healthcare Analytics Firm Arrowlytics

April 7, 2021 by matray

Curi today announced that it has reached an agreement to acquire healthcare data analytics and advisory company Arrowlytics. Building on an existing five-year relationship between the two organizations, the acquisition will strengthen Curi’s suite of advisory services for physicians and their practices by adding a data-driven solution to help their businesses thrive.

Arrowlytics’ leading product, Aspire, helps healthcare organizations by consolidating and converting their data into knowledge. The Aspire platform pulls critical data from disparate sources into one system, allowing practices to monitor and improve results across a variety of performance categories — from online reputation management, to practice growth and optimization, and beyond. Coupled with consultative support from a team of seasoned healthcare industry experts from both Arrowlytics and Curi, the solution will allow practice leaders to make more informed decisions to assess, adjust and ultimately grow their business.

“Running a medical practice gets more challenging every year, and we have been proud to help our member physicians and their practices navigate these challenges for more than four decades,” said incoming Curi CEO Jason Sandner. “At Curi, we are always looking for new ways to support our members, and bringing the team and solutions from Arrowlytics into the Curi family will allow us to offer new data-centered solutions and services to the healthcare leaders that we serve.”

According to Curi, the Arrowlytics Aspire platform will support the advisory products and services that the malpractice insurer has been actively developing with input from its member community for years — from enhancements and risk management to health policy guidance, practice retirement plan solutions, well-being offerings and more.

“Arrowlytics was created by a team of healthcare industry veterans to help healthcare organizations optimize their businesses, so they can focus on caring for their patients,” said Arrowlytics CEO Steve Hendrick. “We look forward to continuing our commitment to this effort as part of Curi, a company that shares our dedication to supporting physicians and their practices.”

The transaction between Curi and Arrowlytics closed on April 1, 2021. For more information, visit curi.com/aspire-platform.

Posted in Acquisitions and Mergers, Curi | Leave a comment