One of the greatest assets but also liabilities of any business is its employees. Legal exposure from the actions of an employee are a significant risk for any business, including healthcare businesses.

We continually see that many of the issues that create legal and financial exposures for doctors and practices arise from a failure to plan and have adequate “risk management” measures in place.

The end of the year is a great time to reflect and make some changes to your practice. At MIGA, we can help you. We can complete a Practice Risk Assessment for your Practice which will provide you with specific advice on your practice risk needs.

Always keep in mind that you are responsible for the Practice and the customer/patient interactions, including employees, contractors, vendors, and even owners and partners. These factors are not always controllable but you can be prepared.

We are constantly exploring ways to provide value added benefits and services to practices.

We are finding that many medical practices are either not properly covered, or not covered at all and we are constantly seeing the negative impacts of this on the running of the practice and the practice staff involved. Having the right protection in place makes all the difference when the unexpected occurs.

MIGA’s Professional Indemnity Insurance for Healthcare Companies is designed specifically to protect medical practices offering:

  •  The comprehensive cover for the practice and its non-medical employees;
  • Cover for the practice vicarious liabilities;
  • Cover for inquiries, investigations, complaints and employment and contract disputes;
  • Up to $20,000,000 of cover – select the limit that suits the practice needs;
  • Automatic reinstatement of the limit of cover at no additional cost; and
  • Competitive pricing and much more!

We provide personal advice which means we are well placed to review the practice’s current insurance arrangements if currently covered, at no additional cost to ensure the practice is appropriately covered.

If your practice would benefit from a review of cover or a discussion about the risks please contact us to help you protect your practice.

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