Welcome to MIAB

Locum insurance pays for cover when accident, sickness or other unplanned absence affects your practice. It not only covers the costs of hiring a Locum, or temporary staff, but also extra hours worked by existing team members.

The policy protects the practice’s revenue stream and by maintaining service levels, its reputation. It also reduces the risk of an absent partner funding the costs themselves or being struck from the partnership because they cannot meet their contractual obligations.

Practice Insurance covers the risk of financial shortfalls arising from loss or damage to a practice’s people, premises, belongings, equipment and income.

It’s designed to make sure a practice is protected against the most common perils such as fire, flood, theft and damage, and losses arising from claims made against the business from members of the public who have suffered injury at the premises.

Cover for all medical partners, salaried partners, GP locums and employees (including nurses, technicians, therapists, paramedics, emergency medical technicians and first aiders) in respect of medical professional liability, and can include other practice or corporate liabilities. The policy covers the cost of compensating clients and service users for loss or damage resulting from negligent services or advice provided.

Take advantage of our Introductory Offer: Free reviews of your Professional Indemnity and Medical Malpractice policies.

Are you overpaying? Or think you may be? Let our expert Specialist Insurance Advisers analyse your cover. Complete the Quote form, including “FPM01” in the More Information box, and upload your schedule(s). One of our Advisers will be in touch to discuss your cover.

D&O insurance covers the cost of defending claims made against a business’s directors and key managers (officers) for alleged wrongful acts, and any subsequent compensation costs, made against them by shareholders, investors, employees, regulators or third parties. Essential for any GP Federation or newly formed company.

The Management Liability Policy is designed to help protect healthcare practices from the risks they commonly face, such as NHS claw backs, CQC inspections and problems arising, employment disputes, partnership disputes, official investigations (such as, NHS England and the Health & Safety Executive) and shareholder disputes within provider companies.

It is particularly suitable for GP Federations or organisations with large numbers of shareholders, partners, employees and sites.

This policy will help you ensure you have the management liability cover in place to protect you and your practice against such risks. It is not to be confused with Legal Expenses Insurance, often sold as an add-on to commercial insurance. It can include Employment Practices Liability that covers legal costs, awards and settlements for any employment claims brought against you, and legal costs of representation at official employment investigations.

Cover your business’s machinery and electrical equipment from a wide variety of risks, such as explosion, collapse, breakdown, accidental damage and more. Includes autoclaves, compressors and pressure vessels.

A Group Private Medical Insurance scheme is designed to keep your employees and colleagues as healthy as possible and offer reassurance and control if they were to experience worrying symptoms.

Diagnosis and treatment can be dealt with almost immediately, reducing the anxiety of the unknown and allowing your colleagues to concentrate on getting better sooner.

Depending on the level of cover, PMI may include tests, hospital accommodation, nursing care, surgery and therapy. Many schemes offer flexible appointments that accommodate working schedules, as well as 24/7 access to medical experts on health helplines and programmes that offer a range of support services, such as legal, debt and counselling advice. A common feature is discounted access to health centres so your teams make it easier to stay healthy.

Partnership protection provides a financial lifeline to the remaining partners by providing the funds to buy the share of the business and keep control if a business partner dies or is diagnosed with a critical illness.

Easing the financial burden at a difficult time, life insurance provides protection for the family of your employees and colleagues.

In the event of death, the policy pays a tax-free lump sum to assist dependents financially when they are at their most vulnerable.

Life insurance may be used, for example, to support school fees planning, pay off a mortgage (residential or commercial), clear debts, cover funeral costs or just help out financially until children are old enough to support themselves.

Critical Illness Cover for employees and colleagues provides a tax-free, cash payment if they are diagnosed with one of the critical illnesses listed in the policy.

These will vary by policy but typically include 50 illnesses, with cancer, heart attack, stroke and MS the top four illnesses claimed-for.

The money paid out can be used to make life easier, allowing your employees and colleagues to focus on getting better sooner. It payment could be put towards medical treatment, mortgage, rent or household bills, or perhaps adjustments to a home or car.

Cyber Insurance covers the losses relating to damage to, or loss of information from, IT systems and networks in your business or practice. It is a must-have protection for those that hold sensitive patient or customer details such as medical records, names and addresses or banking information and those that process card payments.

Life insurance is a simple, cost-effective way to protect your family financially when they are at their most vulnerable.

By paying a tax-free lump sum upon death, life insurance may be used, for example, to support school fees planning, pay off a mortgage (residential or commercial), clear debts, cover funeral costs or just help out financially until your children are old enough to support themselves.

A life insurance policy can also be set up as part of a partnership protection plan to protect you and your business, and can be combined with Critical Illness or Income Protection plans.

Supporting NHS treatment, Private Medical Insurance (PMI) is a simple way to protect your health and the health of your loved ones by paying for private care.

Nothing is more important to you than your health, and the health of your family. If you or your loved ones were to experience worrying symptoms, PMI offers reassurance and control at a difficult time.

Diagnosis and treatment can be dealt with almost immediately, reducing the anxiety of the unknown and allowing you to concentrate on getting better sooner.

Depending on the level of cover, PMI may include tests, hospital accommodation, nursing care, surgery and therapy.

Mortgage Protection Insurance is designed to pay out a cash sum to pay off your mortgage in the event of death or the event of accident or illness prevents you from working. It provides reassurance that the mortgage payments are covered and your family home is secure at a difficult time.

Annual multi-trip policies, single trips, long stay and backpackers, available for families, couples and single travellers. Cover can also be provided for winter sports, extreme sports and hazardous activities and for those with medical conditions, while extensions are available for cruises and business trips.

For your main residence, second and holiday homes (including some overseas locations) as well as contents, which includes fine art, antiques, guns and watercraft. This policy can be used for standard and high value properties and/or possessions, thatched properties, properties undergoing renovation and properties with a subsidence or flood risk.

Cover for residential property owners and those with Buy-to-Let mortgages, with the options to include contents, loss of rent, rent guarantee and eviction of squatters cover.

Competitive finance to fund new business assets and equipment, practice refurbishment, acquisitions, partner buy-ins/outs and more.

Looking after your business can leave little time for managing your finances. Get access to experts who understand your profession, challenges and ambitions and deliver solutions that work for you to secure your current and future lifestyle.