Search results for: “Senior Living”

  • Managing Third-Party Transportation Risks in Senior Living Organizations

    The Transportation Landscape Senior living operators outsource transportation to reduce capital investment, transfer liability, support ADA compliance, access specialized training, maintain regulatory flexibility, and scale services with census demand. Vendor Types Non-Emergency Medical Transportation (NEMT) Rideshare Platforms (Uber Health, Lyft Healthcare) Taxi/Car Services: Traditional providers Charter/Bus Services: Group transportation Regulatory Environment Transportation operates at the…

  • Use of Shared Risk and Negotiated Risk Agreements in Senior Living

    Summary Balancing resident independence with safety is a key concern in senior living communities. Shared and negotiated risk agreements have emerged as valuable tools to empower residents to make informed choices about their independence while ensuring appropriate safety measures are in place. However, the effectiveness of these agreements depends not only on their initial implementation…

  • Senior Living

    Senior Living Comprehensive Risk Management Solutions for Senior Living Organizations Organizations serving seniors must control a wide range of risks while focusing on their residents and employees. Our senior living specialists provide strategic, cost-effective solutions to help manage sources of risk associated with your senior living community. Committed to Your Mission With a proven history…

  • Senior Living Nonprofit

    Business Issue A non-profit association comprised of multiple senior living organizations was looking to move away from their current Workers’ Compensation and Professional Liability Insurance Group Buying Plan to a Risk Sharing Plan. This program was appealing because of the reductions in insurance premiums, however their particular state was very litigious and claims could become…

  • McGriff appoints Welz to lead Senior Living Practice

    King of Prussia, Penn. – McGriff has promoted Michael Welz as senior vice president and national practice leader for its Senior Living practice. Welz joined McGriff in March, 2022 and has focused on working closely with the McGriff team to support existing clients while growing and developing new client relationships. Prior to joining McGriff, he supported…

  • Specialty Practices

    Specialty Practices We deliver customized solutions to match the unique risks of your industry. Every Industry Has Its Own Challenges and Opportunities That’s why you need a specialty team of insurance professionals that fully knows your day-to-day world. Never settle for less than industry-specific expertise, deep intellectual capital, and truly customized solutions designed with your…

  • Mike Welz

    Mike Welz is the Senior Living Practice leader for McGriff Specialty. He sets the strategy for the practice and oversees risk management and financing programs for senior care clients. He also co-leads Marsh McLennan Agency’s National Healthcare Practice. Welz has worked in the insurance industry for more than 11 years and has held various roles,…

  • Insights into Business and Personal Insurance for Wildfire Risks

    In the aftermath of the January fires in Los Angeles, homeowners and business owners are working with their insurers to determine the extent of their losses and the payment amount they will receive to rebuild and recover. The wildfires will inevitably impact the insurance industry in the long term. Additionally, there will be cases where…

  • The Impact of Severe Convective Storms on Property Insurance

    Severe convective storms are among the most frequent and severe natural disasters in the U.S. Warm, wet air rising from the earth causes them to manifest in various ways, depending on atmospheric circumstances, ranging from soaking thunderstorms with lightning to tornadoes, hail, and damaging straight-line winds. As urban areas grow and more people move into…