Professional responsibility comes first
Medical work can create personal liability exposure even where the practice has organisational cover. Specialty, treatment profile, staffing and contractual duties all influence the required review.
Medical practices
Specialist cover for the responsibilities of healthcare professionals.
Practices and medical professionals face distinct professional, operational and private risks. AWAG Insurance reviews these needs with partners across practice, liability and legal protection
Based on AWAG’s existing service information.
Overview
01Practice protection
02Professional liability
03Legal cover
The practice is also an operating business
Equipment, premises, interruption, cyber incidents, employee risks and dependence on key people can affect continuity. Values and recovery time should be considered together.
Legal protection needs the right modules
Disputes may arise from professional activity, employment, premises, contracts or private matters. The selected modules, waiting periods and exclusions determine when legal costs can be supported.
Change should trigger a review
A new specialty, additional location, expensive device, partnership, employee or digital service can materially change exposure. The insurance file should follow the real practice.
Exact protection depends on insurer terms, risk information and acceptance. Regulated medical and legal responsibilities remain outside this general insurance overview.
One practice, several connected exposures
Clinical responsibility, premises, people, technology and private protection should be reviewed without losing sight of their different roles.
Professional activity
Map specialties, procedures, contractual duties, patient contact and potential liability scenarios.
Practice continuity
Review premises, equipment, income dependency, cyber exposure, staff and recovery needs.
Personal and legal position
Consider legal-protection modules and private risks separately from the business programme.
A review built around the practice
The objective is not more policies, but fewer unexamined gaps and overlaps.
Build the practice profile
Record activities, people, locations, equipment, contracts, claims and existing cover.
Test the important scenarios
Examine professional claims, property loss, interruption, cyber events and legal disputes.
Document and maintain
Compare terms, agree responsibilities and schedule review when the practice changes.
Good to know
01Is professional liability the same as practice contents cover?
No. Professional liability addresses claims arising from professional duties; contents or property cover protects insured physical assets and named events.
02What information is needed for a review?
Specialty, services, turnover, staffing, locations, equipment values, prior claims, contractual arrangements and existing policies are typical starting points.
03Can interruption after equipment damage be considered?
Potentially, if appropriate business-interruption provisions are selected and the triggering event and period fall within the policy terms.
04How often should a medical practice review cover?
At least when material facts change, and otherwise periodically so sums, activities, locations and responsibilities remain current.
The next move starts with a conversation
Tell us what you are working through. We will connect you with the right part of AWAG.