A psychiatrist’s role is one of the most intimate within the healthcare industry. Psychiatrists are often involved in high-stake situations with vulnerable individuals, so trust, integrity and patient confidentiality are all paramount. With high levels of sensitivity and emotions part of your everyday working life, protect your career with our psychiatrist malpractice insurance.
Psychiatrists belonging to Incision receive a competitive contractual indemnity solution. In addition to our comprehensive psychiatrist insurance, Incision provides all its members with a wealth of risk management materials, educational resources and 24/7 in-house medico-legal support.
It takes just 7 short minutes to apply for a quote
The Incision team attends events all over the country to advise on Medical Indemnity insurance and share valuable risk management insights. Please click here to view our presentation at BASS 2022 on How to Reduce Medico-Legal Claims in Spinal Surgery (and a few words about the GMC). Although this was aimed at Spine Surgeons, the advice is relevant to all specialties.
Psychiatrist malpractice insurance is there to protect you against an accusation that your medical professional services caused physical or mental harm, injury or death, to a patient in your private practice.
At Incision, we understand the unique risks and responsibilities that come with being a psychiatrist. That’s why our psychiatrist malpractice insurance is crafted to provide you with peace of mind, so you can dedicate your focus to your patients and practice.
Medico Legal Consultant
Michael is a dual qualified doctor and lawyer, with over 20 years’ medico-legal experience. Having practiced as a GP, Michael requalified as a lawyer in New South Wales, where he regularly acted in personal injury and clinical negligence cases, disciplinary matters and cases involving defective medical devices. Michael worked for the Medical Defence Union and Marketform as a Senior Medical Claims Handler where he was responsible for a variety of complex and high value claims.
Admitted to practise as a solicitor in NSW, England & Wales and a registered medical practitioner with the NSW Medical Board and GMC, Michael has been advising and supporting Incision members since January 2015.
Business Development Consultant
In 2016, Andy was invited to work with Paragon’s Healthcare and Life Science team as a Business Development Consultant for the Incision Indemnity scheme. His in-depth understanding of Medical Indemnity includes occurrence- based and claims made insurance.
Andy is a highly-motivated and energetic individual who brings over 20 years’ experience working in the Healthcare and Life Science sector. Having started his career in the pharmaceutical and medical device market, Andy went on to work for Bupa as a Commissioning Manager before making his move into the Medical Indemnity market.
Senior Account Executive
Alistair joined Paragon in 2010 and is responsible for all technical aspects of Paragon’s Healthcare and Life Science clients. This includes providing detailed review and analysis of coverage, programme structures and drafting of manuscript wordings to assist in the initial placement of risks. Following the placement of the programme, he supervises and co-ordinates premium payments, tax allocation, policy production and other servicing of the individual accounts, including ongoing analysis of coverage and troubleshooting. Alistair is also involved in the placement aspects of the individual accounts.
Claims Account Executive
Alex joined Paragon as a Trainee Claims Technician in 2010. Spending the first couple of years learning the trade, Alex gained valuable experience in a range of specialisms, including Healthcare, Lawyers Professional Liability and Architects & Engineers Professional Liability.
Promoted to Claims Account Executive in 2013, Alex began to focus on the medical world and in 2015 took the lead role in Healthcare Claims at Paragon. Over the past six years, Alex has developed relationships with insurers in the London market and with solicitor firms that specialise in the defence of medical malpractice claims. This has helped to ensure that clients secure the best possible representation when necessary.
All the important information to know for psychiatrists
What is psychiatrist malpractice insurance?
Psychiatrist malpractice insurance provides financial protection against claims of negligence and errors for psychiatrists. It can be used to cover legal fees, settlements and more.
Why do psychiatrists need psychiatrist malpractice insurance?
Working with mental health and behavioural issues mean that psychiatrists face a unique set of risks. Your reputation as a psychiatrist also holds a lot of weight, and this is something that can really suffer should you become involved in a claim. Psychiatrist insurance offers career protection and financial stability in the event of claims or lawsuits.
How much does psychiatrist insurance cost?
The cost of psychiatrist insurance depends on a number of different factors such as your location, years of experience, scope of practice and the coverage limits you choose for your policy. All of our quotes are personalised to your needs. Contact us today to get a quote.
What should I do if I face a malpractice claim?
If you face a malpractice claim, get in touch with us as soon as possible. Please either contact our dedicated medico-legal advisory service on 0333 010 2826, send us an email to medicolegal@incisionindemnity.com or submit your claim online.
What if I am a part-time or consulting psychiatrist?
If you are a part-time or consulting psychiatrist, we offer flexible insurance plans that cater to your work schedule.
How do I apply for psychiatrist malpractice insurance?
Applying for psychiatrist malpractice insurance is simple. You can get a quote online, request a callback using the form at the bottom of this page or give us a call on 0333 010 2826.
Our FAQ section might not have the answer you’re looking for right now but our team certainly will. If you need answers, contact us
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Extending far beyond our comprehensive coverage, Incision provides all members with a wealth of risk management material, educational resources and 24/7 in-house medico-legal support.
