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Wrong Jack McCarthy?

Mr. Jack L. McCarthy



HQ Phone: (617) 679-1300

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101 Main Street

Cambridge, Massachusetts 02142

United States

Find other employees at this company (109)

Background Information

Employment History

President, Risk Management Foundation

Harvard University


Risk Management Foundation


Transatlantic Holdings , Inc.


Hospital Insurance Forum

Conference Co-chair

American Society of Law Medicine & Ethics Inc


Board Member
Transatlantic Reinsurance Company


Bachelor of Science degree

Business Administration

Villanova University

Master of Business Administration degree

The Wharton School , University of Pennsylvania

Web References (60 Total References)

New Page 1 [cached]

John L. McCarthyPresident, Controlled Risk Insurance Company of VT RRG

John McCarthy (B.S., Villanova University, MBA Wharton School, University of Pennsylvania) is President of the Risk Management Foundation of the Harvard Medical Institutions and CRICO Vermont (RRG).He joined the Foundation in 1989 and serves on its Board of Directors.

It was established to cover the ... [cached]

It was established to cover the general liability and professional liability risks for the physicians and hospitals in the organizations, said Jack McCarthy, president of the CRICO/Risk Management Foundation in Cambridge, Mass.

When coverage through the captive was expanded, "I think it was to get more flexibility of coverage terms, and I suspect there was a hard market for D&O in those days so it made more sense to bring it into the captive," Mr. McCarthy said.
Recent insurance market cycles, though, mainly have affected its reinsurance retentions, Mr. McCarthy said.
"We had a run of six or seven years where we paid a lot less than market rates for reinsurance as a result of taking more of the risk into the captive," Mr. McCarthy said.

Advanced Practice Strategies - Elearning - CME continuing medical education [cached]

APS founder John Harrington and CRICO President Jack McCarthy will present "Patient Safety: It Takes a System!," outlining the evolving understanding of perinatal and surgical error and how systems based solutions, such as APS online clinical education and assessment tools, can be employed to address these issues.

SRS holds inaugural client symposium in Sarasota [cached]

John McCarthy, President of CRICO, set the stage for the Symposium, as he exploded out of the starting blocks with an opening session entitled, "A Study in Adapting to a Changing Environment. CRICO is a forward-looking captive whose stated mission is to "...provide a superior medical malpractice insurance program to our members, and to assist them in delivering the safest healthcare in the world. The company was formed in 1976 in response to the MedMal crisis, and has continued to grow and evolve since then through a collaborative partnership with the company's member organizations, all leading to impressive patient safety initiatives that benefit all. [Use this link to learn a bit more about CRICO.]

John placed a good deal of emphasis on the captive's board composition, selection and ongoing board training. He also detailed the company's complex structure in both Cayman and Vermont. CRICO's purpose shines through the technical details. By focusing on CRICO's investments in patient safety, the company's rate of paid claims is impressive. For example, in 2008, CRICO paid only 4 claims per 1,000 physicians. By comparison, Massachusetts paid 7.3 claims per 1,000 physicians; California, 7.8; New York, 15.6; Pennsylvania 15.7. The national average that year was 11.2 paid claims per 1,000 physicians.
McCarthy closed his presentation by sharing how CRICO is preparing for future changes, then answered numerous questions from the audience.

Crittenden Conferences - Testimonials [cached]

Jack McCarthy

Jack McCarthy CRICO/RMF

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