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Benchmarking

Sample Size Reports

One of the Largest Risk Pool Industry Comparisons

Transparency

Risk Exposures

Benefits

Impactful Board Presentations, Decision Making, and Support Customer Insured Needs

One of the Most Extensive Professional Liability Databases in the Nation

AEIX has one of the largest professional liability databases in the nation, with almost 150,000 claims and $5.0 billion in incurred losses. The database includes HPL, PPL and GL claims data, and covers 23 states.

Issued Annually to Current AEIX Members

Since 2004, AEIX has provided members with an annual benchmark report of demographic, claims and performance metrics.  Each report is tailored specifically for the individual insured, and provides metrics specific to each insured individually and also for all AEIX policyholders combined.  This reports aids AEIX members in sharing data, analyzing claim trends, and comparing metrics against other similarly-sized systems within the RRG and published industry benchmarks.

Transparency of Risk Exposures

The report provides exposure count information, policy structure (limits and retention), trends in employment of physicians and other general demographic indicators for each member (anonymously), which allows member hospitals to compare themselves to the AEIX pool.  This also provides transparency to members as to the risks that are insured by the AEIX program and the size of the other systems.

Benchmark of Performance Metrics

Issued annually to current AEIX members since 2004, the annual benchmark report of demographic, claims and performance metrics is tailored for each member and provides data specific for their health system. Many AEIX members utilize the exhibits and data provided in the report to identify and focus in on areas of risk or high severity, for reference of claims trends and board presentations.

Comparisons to Industry Benchmark Reports and Other Insureds

Sharing performance metrics, analyzing claim trends, and comparing metrics against other similarly-sized member systems and published industry benchmarks aids AEIX members.

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