Insurance Solutions by Industry
Insurance Solutions for Healthcare Professionals in Cyprus
Private healthcare combines clinical responsibility with running a practice or medical centre. We help healthcare professionals in Cyprus assess the risks according to their actual structure and activities.
The nature of the sector
Private healthcare may involve one doctor, a group practice or a larger medical centre. In every case, clinical decisions affect patients directly and medical records must remain private. Other risks depend on how the practice works, including its equipment, medicines, staff and locations. If work stops, the doctor's income or the centre's wider operation may be affected.
6 Insurance Areas Worth Considering
Every business is different. These are six insurance areas commonly worth considering in this industry, depending on the activities and how the business operates.
Professional Indemnity
Relates to claims arising from diagnosis, treatment, prescribing, referrals or other clinical decisions.
Public Liability
Relates to accidents involving patients or visitors in consulting rooms, waiting areas or other locations used by the practice.
Property / Building & Contents Insurance
Relates to the building, if the business owns it, and to the equipment, furniture and other contents used every day in rented or owned premises.
Employers’ Liability
Relates to workplace accidents or injuries where the practice or medical centre employs clinical or support staff.
Cyber Insurance
Relates to cyberattacks and loss or unauthorised access to medical records, images and billing data.
Business Interruption
Relates to lost income and continuing costs if an insured incident interrupts consultations or the wider operation of the centre.
Realistic examples
What could disrupt your business?
Problem after treatment
A client says they suffered loss after medical treatment.
Equipment breakdown
Medical equipment stops working, and appointments or work have to be cancelled.
Spoiled medicines and vaccines
A refrigerator breaks down and medicines and vaccines can no longer be used.
Stolen patient records
A laptop containing patient records is stolen.
Patient accident
A patient slips inside the practice and is injured.
Fire at the medical centre
A fire damages consulting rooms and medical equipment, and the business has to close temporarily.
These are illustrative examples to help explain risk. They are not statements about what any policy would or would not respond to — that always depends on the wording and the circumstances.
Our approach
Insurance starts with understanding your business.
We begin with how your practice is structured: where you consult, who you employ, what equipment you depend on, how records are kept, and what would happen financially if you were unable to work. From there we set out the areas worth reviewing, personal and professional alike.
This page is general information about the sector. It does not describe policy terms, conditions or exclusions, and it is not a recommendation.
- What the business does
- How it operates day to day
- Premises and equipment
- Employees and the people you rely on
- Customers, clients and visitors
- Professional responsibilities
- Operational dependencies
- Risks that could materially affect you
Vesta Needs Review
Not sure what your business needs?
Start with the Vesta Needs Review. Answer a few simple questions about your business and we will help identify the areas that may be worth reviewing.
Prefer to speak with us?
If you would rather talk it through, tell us a little about your business and we will come back to you. No lengthy forms at this stage.
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