As an establishment, it’s important that you have the right cover in place. Medical malpractice insurance can be one of the largest annual practice-related expense that you might face, costing thousands of pounds each year.

Here at G&M International, we can give you financial protection in the event of a claim. Here are some examples of medical negligence that might lead to a lawsuit:

  • Failure to diagnose or misdiagnosis
  • Surgical errors or wrong site surgery
  • Failure to order proper testing
  • Disregarding or not taking appropriate patient history
  • Misreading or ignoring laboratory results
  • Poor follow-up or aftercare
  • Improper medication or dosage
  • Premature discharge
  • Unnecessary surgery
  • Failure to recognise symptoms

To be considered as medical malpractice (territories may vary), the claim must have the following characteristics:

  • A violation of the standard of care
  • The injury resulted in significant damages
  • An injury was caused by the negligence

There are two basic types of malpractice policies, claims-occurrence or claims-made.

The majority of insurers will only write on a claims-made basis, where only the policy in effect at the time a claim is reported responds to the loss, regardless of when the negligence occurred. This period can occasionally be extended backwards with a “retroactive date” and coverage can also be extended forwards with an “extended reporting period”, however, this may affect an increase in premiums.

The other type of insurance is claims-occurrence, which will cover for any negligence that occurs within the policy period regardless of when a claim is brought against insurers.

For further information about our medical malpractice insurance give us a call on +44 (0) 207 977 1490 or take a look at our Medical Malpractice Insurance for Establishments Brochure.