2022–23 Medical indemnity universal cover annual report

In the 2022–23 financial year, medical indemnity insurers reported a total number of:

• 27 refusals to provide professional indemnity insurance cover to a medical practitioner
• 199 insurance contracts imposing a risk surcharge.

They also reported a total of 215 instances of the following:

• complaints to the Australian Financial Complaints Authority (ACFA) about refusals and risk surcharges
• withdrawals from entering a contract of insurance by a medical practitioner.