DateTue, Feb 14, 2023, 12:00 PM – Tue, Feb 14, 2023, 01:00 PM
ESG (Environmental, Social and Governance) frameworks are the latest enterprise risk affecting health care organizations. Stakeholders are beginning to request information about ESG efforts including the Joint Commission, management liability and property insurers, financial donors, and financial rating agencies.
During this session, we will describe ESG concepts, and provide examples of various ways healthcare organizations are adopting an ESG framework. Governance and C-Suite support of ESG are key in risk mitigation, even if they are minor changes, and insurers are beginning to positively recognize organizations that proactively manage this risk. Captive insurance companies are also considering how coverage and their investments can incorporate ESG principles.
Continuing Education Credit:
- ASHRM CE Credit: 1.0
- CNE Credit: 1.0
Linda Jones is the managing director of healthcare for the Southeast region of Marsh. With over 30 years of healthcare and insurance industry experience, Linda brings a unique risk management approach to serving her clients. She has worked with healthcare organizations throughout the country, including health systems, CCRC’s, outpatient facilities, and large physician super-groups. In her role at Marsh, Linda works with brokerage and advisory staff and provides consultative services to healthcare clients on strategic planning for risk, claims administration, alternative risk financing, employee benefits, provider and employer stop loss coverage and risk mitigation techniques. Areas of specialization include captive insurance companies, claims analysis and reserve setting, and providing educational programs.
Ruth Kochenderfer is a broker in Washington, DC and co-leader of Marsh’s National Health Care Financial and Professional Lines (FINPRO) practice. As a broker, she advises clients on the evaluation and design of risk transfer solutions that address financial and professional exposures, including directors and officers liability, employment practices liability, managed care errors and omissions, regulatory billing liability, cyber security and privacy liability, crime, special crime, employed lawyers liability, wage and hour liability, and fiduciary liability. Ruth’s clients include not-for-profit, private, and publicly traded US and multinational clients in the health care industry.
Matt McCullaugh is in his tenth year at Beazley and in February 2020 was promoted to US Hospitals Focus Group Leader, with underwriting responsibility for Beazley’s portfolio. Since 2016 when he joined Beazley Healthcare, Matt has supported the expansion of the team’s analytical offering. Matt is a qualified actuary and has enjoyed reserving and pricing roles within the company. Prior to Beazley, Matt worked for an actuarial consultancy after studying Economics at the University of Nottingham.
Ruth Goodell is the Senior Vice President for Insurance & Risk Management Services for Trinity Health, a $20B Catholic health system with 110,000 employees operating in 22 states. In this role she oversees an annual budget of $350M, insurance reserves of more than $1B and a team of 65 risk management professionals. Her responsibilities include the design and implementation of Trinity’s system-wide property and casualty insurance program, management of all liability and property claims, the workers compensation program, colleague and patient safety loss prevention as well as risk management information systems application support. Prior to joining Trinity Health in 2015, Ruth spent 26 years as a Client Executive for Marsh where she supported health system clients in the design and implementation of efficient risk financing programs, including captive operations. She holds the CPCU and CPHRM certifications and hold an undergraduate degree in Insurance and Risk Management from Michigan State University.