Occurrence professional indemnity insurance
From 01 July 2020, all medical practitioners joining Medisec will enjoy absolute peace of mind with occurrence professional indemnity insurance underwritten by MedPro.
With an occurrence policy, your cover doesn’t end when the policy ends. Instead, the limits remain available to pay future claims for claims arising from professional services rendered during the policy period. This means that – unlike a claims-made policy – if you take a career break or retire, there’s no need to buy tail cover.
Medisec members have the additional security of contractual insurance, as opposed to relying on discretionary cover. With discretionary cover, it is up to a Medical Defence Organisation (MDO)’s discretion to indemnify a specific claim, with cover being granted or denied on a case by case basis. Unlike membership with a MDO, insurance provides true certainty of cover, as there is a legally binding contract in place.
Put together, occurrence cover provided through an insurance contract gives Medisec members the strongest protection available.
Above all, Medisec members will benefit from the unsurpassed financial strength and expertise of MedPro. MedPro is a division of Berkshire Hathaway European Insurance DAC (“BHEI”), based in Dublin, authorised by the Central Bank of Ireland and rated AA+ by S&P. The MedPro division is exclusively focused on healthcare, bringing dedicated expertise for clinical risks.