Scheme in partnership with Heath Lambert
Biba has launched a medical malpractice scheme in partnership with FSJ, the UK wholesale arm of broker Heath Lambert.
The trade association said the scheme had been designed to provide members and their clients access to top quality medical malpractice cover and competitive premiums. Key benefits offered include commission of 15%, no minimum premium restriction and European jurisdiction for UK clients.
The exclusive scheme is only available to Biba members and can be used for any size client.
Martin Faircloth, divisional director, head of the medical/pharmaceutical team of FSJ, said: “We are delighted to have been appointed by Biba and feel that this new scheme really offers Biba brokers top quality policy cover and cost-effective premiums. Our team has worked hard to put together a package with the needs of brokers and their clients in mind. Medical malpractice is a niche area of insurance and we feel that we have added cover enhancements that will make a difference to winning business.”
Medical malpractice provider Marketform will be the preferred underwriter for the scheme.
Steve Foulsham, Biba technical services officer, said: “We are very pleased to be able to offer this service to our members. It will provide a solution to what is often a difficult class of business to place. This new scheme will be a valuable resource for members and will create additional opportunities.”
