Medical Indemnity Insurance

Medical indemnity insurance provides cover for healthcare professionals in the event that a claim is made against them for medical malpractice or negligence. It is designed to cover the costs of legal defense, settlements, or compensation awards if a patient suffers injury, illness, or harm as a result of medical advice, diagnosis, or treatment provided.

Cover is typically purchased by the individual, but it is always recommend the clinic or healthcare practice also purchases it's own cover. In the event the individual medical malpractice insurance cover does not respond, the clinic or healthcare practice can be held vicariously liable for the actions of its employees, contractors, or anyone acting on its behalf (e.g., physicians, nurses, or administrative staff).

Allegations of medical malpractice must be defended, whether you feel the claim has merit or not. Medical indemnity insurance is critical for healthcare professionals to safeguard their practice and reputation against potentially costly claims. Individual practitioners, as well as clinics, organisations and health technology companies should ensure they're covered for medical malpractice.

Understand how professional indemnity and medical malpractice combines with additional insurance covers. Package policies will typically combined a number of covers under insurers products, typically these will include:

• Professional indemnity insurance, also known as medical malpractice insurance, protects against the failure to exercise reasonable skill and care in the provision of healthcare services. Cover is typically extended to include breach of confidentiality, libel and slander.

• Cyber insurance offers protection against first and third-party losses arising from security and data breaches. Healthcare professionals are highly exposed to the amount of confidential information they hold on their patients.

• Public liability insurance will protect against claims arising from injury or property damage of persons other than your employees (i.e. patients, suppliers, contractors or third persons) in the course of your healthcare activities.

• Employers liability insurance will protect against claims arising from injury or illness of your staff. All employers in the UK have a legal duty to protect the safety of their employees at work. It is one of the few types of insurance which is compulsory.

• Product liability insurance will protect against claims arising from injury or property damage as a result of a fault with a product you have provided. Covers distributors, importers and manufacturers against legal liabilities arising from losses or injuries caused by a defect or malfunction of a product.

• Property insurance will protect your organisation’s buildings and/or contents against loss or damage from a range of perils, such as fire, theft, accidental damage, storm, flood, escape of water, impact, explosion and riot.