Medical Indemnity policies issued by the Insurance Company are underwritten on a claims made basis and covers you from the period of time you join or providing cover for your historic work and include retroactive cover. If you wish to switch from an Insurer company, all we need is your acceptance of our terms and we will do all the rest. When moving from another Insurance Company, the Practition policy would pick up your retroactive cover and there is no additional cost to this. The insurance policy that we will be providing is underwritten on a “Claims Made” basis. This means that claims are dealt with under the terms of the policy in force at the time the claim is notified and not the policy that was in force at the time of the original error or omission. For this reason it is important that you do not allow your insurance cover to lapse, as this will mean that you will be responsible for settling any claims notified during the period for which cover is not in force.

Each individual Consultant is looked at on a case-by-case basis and premiums charged will depend on a number of factors and not solely income and speciality. Due to the in-depth look at your practice, premiums can be expected to be 15-20% lower than the medical defence organisations (MDO).

We pride ourselves on our market-leading in-house medical negligence, regulatory and governance healthcare expertise. Our specialist healthcare insurance team is one of the biggest in the UK. We strive to educate and train clients, to improve their risk profile, learn from past clinical errors or omissions and generally improve patient safety. We not only address the needs of our clients today, but we predict the changing environments in which our clients operate.We passionately believe continuous engagement with our clients and partners is key. Ensuring all those involved in patient care are fully engaged in the entire process, from initial consultation to final discharge, and are focused on prevention of harm, leads to better outcomes and less stress for all concerned.

Yes. Working as part of Lockton, the world’s largest privately owned insurance broker, we have significant expertise across the healthcare sector; helping our clients manage their risks and obtaining best in class insurance cover at very competitive rates.

When switching from a mutual defence organisation, there are two main differences in the cover offered: Moving from a claims occurrence to a claims made policy Nonregulated cover to regulated All Practition policies include 21 years + run-off insurance in the event that our clients cease to trade, retire or death. It is always worth checking with your current provider how you are covered, and we will look to accommodate any gaps in cover i.e., claims made cover for certain time periods. It is common for mutual defence organisations to undertake an income audit which could leave a consultant with deactivated memberships or cover cancelled ab inito. Practition can look to assist in these circumstances so please call our team to discuss your options.

In the event of death, retirement or permanent cessation of your private practice, the policy protects you continually for at least 21 years. The reason for the minimum 21 year period is to ensure that you are covered for all possible claims under the legal Stature of limitations.

We understand that in the event of a complaint, first-rate support is paramount. Thereby we have a 24-hour helpline available, providing immediate and expert advice. Medical and Legal professionals are on hand to ensure that any matter can be dealt with quickly, effectively and empathetically.

Discretionary cover merely entitles you to ask for assistance and indemnity when an adverse event leads to the need for assistance on how to deal with it or results in a formal claim. You have no guarantee of indemnity cover, only the right to have your request considered reasonably. Discretionary indemnity is not allowed in other EU member states (except Ireland and Malta), which either have state indemnity or require insurance. Discretionary indemnity has no independent influencers in the event of a disagreement. Contractual indemnity which is what would be offered by the insurers is provided by way of a contractual guarantee in the form of an insurance policy. The policy clearly stipulates what is covered and what is excluded and you have the ability to make an informed decision and always be aware of where you stand with regards to coverage. Contractual indemnity is provided by insurers who are also regulated by the Financial Conduct Authority and have a transparent complaint and arbitration process managed by the Financial Ombudsman Service.