• 06 Policy Perspectives: Insights into Medical Indemnity Evolution

  • May 20 2024
  • Length: 33 mins
  • Podcast
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06 Policy Perspectives: Insights into Medical Indemnity Evolution

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  • Summary

  • Vickie Rhodes, Altea's Business Development Officer discusses how medical indemnity insurance is evolving to serve the needs of this increasingly complex and nuanced sector and much more...

    Timestamps

    - Discussion on the two main types of indemnity coverage for UK healthcare professionals, exploring differences between discretionary and financially regulated insurance models. (00:03:30) - Examination of the impact of occurrence-based versus claims-made indemnity on policyholder accountability and financial security in malpractice claims. (00:07:07) - Understanding the nuances of coverage and looking at when claims fall outside the expected scope. (00:09:42) - Key considerations when selecting insurance providers and the benefits of tailored solutions for policyholders. (00:11:54) - Importance of dovetailing medical malpractice and public liability insurance, with examples highlighting the inclusion of abuse cover. (00:14:14) - Examination of tensions in notification processes between insured and insurers and the need for clarity and collaboration. (00:20:10) - Overview of the claims process and brokers' roles in aiding clients during claims management. (00:25:08) - Discussion surrounding risk management's significance in the healthcare sector. (00:27:45) - Tips for brokers on staying informed about regulatory changes, new treatments, and best practices. (00:29:52)

    Resources:

    - Altea Insurance https://www.alteainsurance.com/ - Follow us on LinkedIn https://www.linkedin.com/company/altea-insurance/

    *Disclaimer: The information contained in this podcast is not intended to represent a complete analysis of the topics presented and is provided for information purposes only, for practitioners in the UK. It is not intended as legal advice and no responsibility can be accepted by Altea or Vickie Rhodes for any reliance placed upon it. Independent legal advice should always be obtained before applying any information to particular circumstances.
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