Technological advancements in the health field should reduce the frequency and severity of insurance claims, but there is a dangerous flip side, according to one expert in the field.
“There is the possibility of increased severity in the event of a technological failure,” Crystal Brown, assistant vice president of Chicago-based CNA HealthPro, said in an interview.
Ms. Brown–who spoke on medical technology exposures at a meeting of the Professional Liability Underwriting Society last month in Chicago–said the increased risks that come with the advantages of technology are an area that medical underwriters are not paying enough attention to, adding that she hoped her talk would give them food for thought.
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