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THE PRIMUS
APPROACH

A FRESH APPROACH
TO MEDICAL INDEMNITY
Primus takes a fresh approach to Medical Indemnity, providing the most convenient way of reviewing the market, obtaining the strongest policies at the most competitive rates. Obtaining a full quotation can take time in terms of completing the relevant application form. Completing the Indicative Premium Grid takes two minutes, providing us with the information to review your options, identify the most suitable insurer and present you with your Indicative Premium. You can then invest your time in completing a single application form, knowing that it will be time well spent.
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Let us do the work

We work with multiple insurers, reviewing multiple quotes.

Defence unions and the majority of insurers are only able to offer a single quotation. Meaning that if you want to review your options, you will need to complete a number of forms, review multiple policies / agreements and manage multiple applications.

We work with a trusted panel of insurers, all of which offer the highest level of cover, manage your application and review your options, only ever presenting you with the most competitive quotation. Saving you the time and hassle of doing it yourself.

The strongest policy, at the most competitive premium for minimum effort. It’s the Primus approach.

WHAT’S TWO MINUTES OF YOUR TIME REALLY WORTH?
It takes two minutes to complete the Primus Indicative Premium Form. We will then review your information with our panel of carefully selected Insurers
WHAT’S TWO MINUTES OF YOUR TIME REALLY WORTH?
A practice like yours deserves service like ours

Backing up our market-leading policies and premiums is the Primus customer services team, including your Personal Client Manager. They’re your single point of contact and will manage the entire process at a time convenient to you – evenings and weekends work for them, they just want you to receive the service you deserve when you need it. From dealing with multiple insurers and presenting you with the most competitive quotation available, to setting up the policy, issuing documents and taking payment. They’re always on-hand.

Getting to know you more, so we can charge you less

Providing a quotation based on earnings bands, relies on assumptions about you as a consultant and the work you do, rarely leading to a quotation that correctly reflects your level of risk.

By understanding you as an individual and the work you do, you will only pay for the cover you require. A more precise approach, producing a better value premium and average savings of 20.6%.

This approach doesn’t just apply to your first quote, it is exactly the same at renewal. We provide consistently good value premiums and have achieved a renewal rate of over 97%

Contractual and Regulated, not Discretionary and Unregulated

With indemnity, it is vital you understand exactly what you are paying for and the cover you are getting. You need to be sure that if you ever require your indemnity, it is going to be there to support you.

A Primus policy is a legally binding, contractual insurance policy. If you meet the terms, our insurers legally have to assist you. A Defence Union Agreement is discretionary, they decide whether to assist you and to what extent. They may decide not to assist you at all.

Primus is regulated by the Financial Conduct Authority. This means we follow strict guidelines to protect healthcare professionals like you, ensuring you are always treated fairly.

It isn’t just us that thinks relying on discretionary cover, in the hope that they will assist you, is unsuitable for the current indemnity market. The government also has concerns about the stability of the current forms of indemnity cover provided by Defence Unions, specifically highlighting the following issues:

  • the indemnity providers who provide cover for many healthcare professionals do so under discretionary indemnity arrangements meaning that, unlike commercial insurance companies, they have no contractual obligation to meet the cost of any claim against the professionals they cover;
  • such indemnity providers have no legal obligation to ensure they have the reserves to cover the cost of claims, raising the risk of a patient, ultimately, being unable to access appropriate compensation
  • they do not have to disclose their full financial position, meaning that healthcare professionals may be unaware of the extent of their financial cover
  • they are not subject to regulation on financial conduct and fair treatment, leaving healthcare professionals at risk of unfair treatment.

The full details of the government consultation can be found by clicking on the link below

WHAT’S TWO MINUTES OF YOUR TIME REALLY WORTH?
It takes two minutes to complete the Primus Indicative Premium Form. We will then review your information with our panel of carefully selected Insurers
WHAT’S TWO MINUTES OF YOUR TIME REALLY WORTH?