What does CRICO mean in COMPANIES & FIRMS
CRICO is the acronym for Controlled Risk Insurance Company, a subsidiary of Harvard Medical Institutions. Founded in 1979, the company provides malpractice liability insurance coverage and other risk management services to healthcare providers and organizations affiliated with Harvard University. CRICO has become one of the leading malpractice insurers in the nation, providing comprehensive malpractice coverage to physicians, nurses, hospitals and other healthcare providers across all 50 states.
CRICO meaning in Companies & Firms in Business
CRICO mostly used in an acronym Companies & Firms in Category Business that means Controlled Risk Insurance Company
Shorthand: CRICO,
Full Form: Controlled Risk Insurance Company
For more information of "Controlled Risk Insurance Company", see the section below.
What CRICO Offers
At CRICO, we are committed to delivering superior risk management solutions that help protect our clients' reputations and financial stability. As an experienced malpractice insurer, we understand firsthand how important it is to have a reliable partner you can count on when it comes to managing your risks. We provide flexible policy options tailored to fit our customers' needs and keep them up-to-date on current trends in medical malpractice laws and cases. Our policies cover both professional liability defense costs as well as judgments or settlements for damages caused by negligence or wrongful acts. Additionally, our specialized programs include risk assessment tools such as Internal Medicine Monitor® that assist institutions in identifying potential deficiencies in patient care so they can take action quickly and reduce their risks of liability associated with medical errors.
Essential Questions and Answers on Controlled Risk Insurance Company in "BUSINESS»FIRMS"
What is Controlled Risk Insurance Company?
CRICO is a non-profit organization that specializes in malpractice liability insurance and risk management for physicians, hospitals, and medical centers across the United States. Our mission is to support healthcare organizations with customized malpractice coverage, expert claims counsel, and comprehensive risk management programs.
How long has CRICO been in business?
CRICO has been around since 1975 when it was founded by Harvard Medical Institutions. Since that time, we've grown to serve over 32,000 clients throughout the US and provide them with comprehensive malpractice coverage and risk management solutions.
What types of malpractice coverage does CRICO provide?
At CRICO we offer a variety of malpractice coverage options including professional indemnity protection, occurrence-based limits, stop loss plans, deductibles plans, tail coverage plans and much more. We also provide consulting services related to claim analysis or litigation strategy guidance.
How can I contact customer service?
For customer service inquiries please call (800) 532-7667 or email [email protected]. Our hours of operation are Monday — Friday 8am — 5pm ET
Does CRICO offer any discounts?
Yes! Depending on your account size or plan type you may be eligible for discounts. Please contact our customer service team to learn more about how you can save money on your policy with us!
Where can I find resources or education materials regarding malpractice insurance from CRICO?
We have a variety of resources available on our website including informational videos about different aspects of malpractice insurance as well as specific information about coverage options we provide. Additionally our blog has posts related to various topics in the field of risk management and insurance to help keep you informed about the latest information in this area.
Is there an online portal where I can manage my policy activities through a secure website?
Yes! Signing up for access to our secure client portal will give you 24/7 access to all your policy information from anywhere with an internet connection. You can also make payments online through the portal if needed.
Does CRICO work with other providers such as banks or hospitals?
Yes! We're proud to partner with many prestigious financial institutions and medical organizations nationwide providing them with necessary risk management solutions tailored specifically for their needs.
What are some of the benefits associated with being a member of the CRICO family?
When you join us you get access to personalized service from our team of experts in both patient safety initiatives as well as our claims defense program which helps protect members against undue professional liability exposure during litigation proceedings.
How often should I review my policy details with someone from CRICO?
We recommend that you review your policies annually so that any changes due to industry trends or regulatory requirements are accounted for in your coverage program.You may also need additional review if there have been changes within your organization.
Final Words:
CRICO is a trusted leader in malpractice insurance with over 40 years of experience in providing superior service combined with innovative risk management solutions to help healthcare providers nationwide manage their risks effectively. With extensive resources and customizable policies available, we are dedicated to offering protection that meets our clients' individual needs while setting them up for long term success. Whether you are just starting out or looking to update your coverage, CRICO provides the right solution for you!