A US Catholic healthcare system that operates in 19 States with a total of 76 hospitals and $10.5 billion in revenue is using a new online underwriting and data management system from the Willis global captive practice.
WillisCaptus is designed to help captives, risk retention groups (RRGs) and healthcare providers to securely manage their data and develop underwriting information more efficiently
“WillisCaptus combines customisable online access with the ability to quickly and easily handle thousands of records. It is designed to drive efficiencies in underwriting and insurance programme documentation by eliminating paperwork and issues with file maintenance and storage,” said a statement from the firm.
The Catholic Healthcare Initiatives (CHI) is one of the first clients to sign up to the system. It uses WillisCaptus to cover medical malpractice and professional liability insurance lines.
Aidan Kelly, senior vice president and COO of the Willis global captive practice, said that WillisCaptus was developed in response to demands from its RRG clients for a way of streamlining their risk retention processes.
“Creating WillisCaptus, an online automated solution for coverage applications and data management, is our solution to those needs. It is a clear differentiator for Willis and perfectly complements our existing market leading captive and RRG management services.”
“In working with CHI, Willis has demonstrated the benefits of WillisCaptus in enhancing data management processes for large healthcare systems and their insurance arrangements.”
Peter Jones, vice president of global insurance services for CHI, added: “WillisCaptus has proven to be an excellent administrative and underwriting system for our employed physician insurance programme. One of our requirements was that our programme should be as simple and easy as possible for our employed physicians to use.”
“WillisCaptus has achieved that through their web-based, state-of-the-art technology that integrates several functions without the intervention by staff. We have been able to work closely with Willis to tailor WillisCaptus to meet the specific requirements of CHI and we look forward to continuing our partnership to enhance the product as our programme evolves.”
