A number of SA medical professionals do not have medical indemnity cover due to the rising costs of insurance premiums. Norton Rose Fulbright‘s Natasha Naidoo argues that a British ‘union style’ product might be the answer.
In October 2017, the British Insurance Brokers’ Associationlaunched a new scheme with Lloyd’s broker, Servca, who are known for specialising in medical indemnity insurance that offers medical professionals who are clients of BIBA “union style” medical indemnity cover at highly competitive premiums. Natasha Naidoo, associate designate at Norton Rose Fulbright writes that the result is a specialised product which meets the needs of medical professionals faced with claims made by patients. …..more