Corporates and Entities
For larger corporations and those operating internationally, we provide alternative solutions for managing corporate risk beyond the standard direct insurance model.
Comprehensive Corporate Coverage
We provide healthcare liability insurance (also known as Medical Indemnity or Medical Malpractice) to a wide range of practices, hospitals, SMEs, telemedicine companies, and corporate entities globally.
Taking an in-depth understanding of your risk portfolio, understanding how the various layers of the insurance market operate, and using in-house data-driven analysis, we are able to assist in taking control of the underwriting process for yourself, meaning you also retain the underwriting profit.
Why Establishments Need Cover
It's a common misconception that medical establishments do not need their own Medical Malpractice Insurance if their professionals have individual cover. However, claims often name both the professional and the establishment.
Risk Scenarios
- Claims and complaints usually include the name of the treating Medical Professional and the Medical Establishment.
- If an insurer declines an employed practitioner's claim, it typically subrogates to the Medical Establishment.
- Settlement costs may exceed an individual practitioner's policy limits or affordability.
- Failures in establishment services (e.g., equipment failure, delays) allow patients to claim directly against the entity.
What is Vicarious Medical Liability?
Vicarious Medical Liability is a legal principle that imputes responsibility for injuries committed by a person to the entity that possesses a specific legal relationship with the person that performed the injury.
Employee Actions
In the event the employee of a medical establishment causes injury to a patient, the medical establishment could be held liable for the malpractice.
Scope of Employment
If the medical establishment employee acted within the regular scope of employment when the malpractice occurred, the medical establishment can be held responsible.