See: otolaryngologist .
Insurance Encyclopedia
Enterprise liability
Type of insurance plan wherein the medical liability is shifted from physicians to a health plan (e.g., health maintenance organization [HMO]). Any negligent injury to a patient under the HMO relieves individual providers of all personal liability for the injury. 2. Liability placed on each member of an industry responsible for the manufacture of a harmful or defective product. The distribution of liability is allotted by each manufacturer’s share of the market. Also termed industry-wide liability .
Enterprise risk management
‘The process by which organisations assess, control, exploit, finance and monitor risks from all sources for the purpose of increasing the organisations short and long term value to shareholder’ (Casualty Association). It combines a whole range of financial risks with insurance risks and seeks to optimise the manner of its risk taking.
Enterprise risk management (ERM)
A holistic approach to identifying, defining, quantifying, and treating all of the risks facing an organization, whether insurable or not. Unlike traditional risk management, ERM deals with all types of risk, such as hazard or event risk, operational risk, credit risk, and financial risk.
Enterprise-wide risk management
An effort to categorize, measure, and treat all types of risk that may adversely affect a business. It includes both traditional hazard risks and other business risks, such as risks posed by competitors, by economic developments, by natural conditions the business cannot control, and by general operations.
Enterprisewide network
Computer network that connects every computer in every location of a business or corporation and runs the company’s applications such as an integrated health care delivery system to tie together multiple delivery sites.
Entire Agreement Clause
A clause in some reinsurance agreements providing that the reinsurance agreement constitutes the entire agreement between the parties with respect to its subject matter, superseding all previous contracts, written or oral; and that any prior statements, negotiations or representations between the parties are merged into the final, written agreement. The clause may also provide that any modifications or changes in the agreement must be in writing, and executed by both parties.
Entire Contract Clause
A provision in an insurance contract stating that the entire agreement between the insured and the insurer is contained in the contract, including the application if it is attached, declarations, insuring agreements, exclusions, conditions and endorsements.
Entire contract clause (Health Insurance/Life Insurance)
A contract clause stating that the all pieces of the agreement between insurer and insured are found in the contract. This can include the application, endorsements, and conditions.
Entire contract provision
Life insurance policy that states that the policy, along with a copy of the application for insurance, represents the whole agreement between the insurance company and the policyholder.