NEWS & MEDIA
Understanding Vicarious Liability in Medical Institutions: Implications for Medical Practitioners
In the intricate and highly regulated environment of healthcare, understanding legal responsibilities and risks is crucial for medical practitioners and institutions alike. One of the pivotal concepts in this realm is vicarious liability, which can hold medical...
Online Sessions: The Role Of The State Forensic Pathology Service
On 24th May 2023, Genoa Underwriting Managers, in conjunction with Lenmed, hosted an online session for Medical Professionals, presented by Professor Jeanine Vellema. Watch the recorded session below:
The Importance of Professional Indemnity Insurance
As a professional, you provide expert advice or services to clients, which exposes you to risks that may lead to financial loss, injury or damage. In such situations, clients may file a claim or lawsuit against you, and this is where professional indemnity insurance...
Is having a local South African med-mal broker preferable?
There are several reasons why having a local South African medical malpractice broker is preferable: In-depth knowledge of the local market A local broker has a deep understanding of the South African insurance market, including the products and services available....
What to do when you receive a letter of complaint or summons?
Receiving a complaint or summons can be a stressful and daunting experience, but taking immediate action can help protect your interests. Here are some steps to consider: Contact your insurance broker or insurer Your insurance broker or insurer can provide guidance on...
Why is a retroactive date important for claims made coverage?
When it comes to claims made insurance policies, a retroactive date plays a crucial role. This type of coverage is designed to protect policyholders against claims that are made during the policy period, regardless of when the incident occurred. The retroactive date...
The importance of annually reviewing your current Medical Malpractice Cover limits and scope of cover
There are several reasons why it is important to review your medical malpractice insurance coverage limits and scope of cover on an annual basis: Changes in your practice As your medical practice evolves over time, your coverage limits may need to be adjusted to...
Differences between a short-term insurer and a Mutual organisation that provides professional indemnity cover
Short-term insurers and mutual organizations that offer professional indemnity cover are two distinct types of insurance providers with different structures and ways of operating. A short-term insurer is a profit-driven company that provides insurance coverage for a...
Understanding the difference between claims-made and occurrence-based coverage
Liability insurance policies come in two main types: claims-made and occurrence-based coverage. Both provide coverage for different periods and under different conditions. Claims-made policies cover claims made against the insured during the policy period, regardless...
Is an Occurrence Based product better than a Claims made product?
Determining whether an occurrence-based or claims-made insurance product is better depends on several factors, including your business's nature, risk profile, and budget. Occurrence-based policies cover incidents that occur during the policy period, regardless of when...
Top insurance claims for surgeons
Surgeons face a range of potential risks that can lead to medical malpractice claims, which can be costly and damaging to their reputation. Common claims that surgeons face in the insurance industry include: Surgical mistakes Surgical errors are a frequent cause of...
Online Sessions: Maintaining Health & Wellness As A Surgeon
On 9 March 2023,the Association of Surgeons of South Africa (ASSA) in conjunction with Genoa Underwriting Managers hosted a talk on maintaining health and wellness as a surgeon. The talk was presented by Dr Ian Robert Weinberg. Click below to watch the recording of...