Breaking News
Lloyd’s Broker Servca Acquires Medicas
Independent Lloyd’s retail broker Servca announces today its acquisition of Medicas, an independent insurance specialist, offering a wide range of medical indemnity, medical malpractice and healthcare liability insurance for healthcare groups, entities and individual practitioners.
Medicas is backed with ‘A’ rated capacity and ‘union style’ support with a legal and clinical advisory panel. Owned and managed by medical professionals, Medicas is uniquely placed to understand the risks faced by healthcare practitioners and organisations. Cover includes:
- Medical Indemnity (Individuals)
- Medical Malpractice (SMEs and Corporates)
- Medical Liabilities (Medical Products, Devices and Manufacturers)
- Life Sciences (Clinical Trials and Pharmaceuticals)
- Tele-medicine and Healthcare Technology
Medicas membership also offers expert, first-hand advice of potential exposures and any gaps in current insurance programmes, and can develop bespoke medical insurance policies for clients. Medicas works with clients in handling complaints, defending and paying claims and crisis management, including guaranteeing insurance renewal following a claim/complaint to ensure continuity.
Dr Edwin Rajadurai, Managing Director, Medicas, “I’m really pleased to be announcing the acquisition of Medicas by Servca today. Unlike a conventional broker, we understand the clinical elements of our clients’ work, allowing us to have an in-depth conversation with insurers and underwriters when structuring policies.”
“We want to give healthcare professionals peace of mind and remove the stress of potentially being unrepresented in a legal claim or complaint, by minimising and removing any gaps in cover and ensuring their financial stability by offering flexibility in payments. The team and I are empowered and motivated to deliver practical solutions and, unlike other specialty brokers, we focus entirely on medical indemnity and healthcare liability risks enabling us to create bespoke indemnity solutions, such as cover for distressed risks whereby where medical indemnity has been declined or the individual is regarded as a ‘Distressed Doctor’.”
- Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report Read more
- New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers Read more
- Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI Read more
- Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance Read more
- Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood Read more
Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report
India’s corporate landscape is undergoing rapid change, with directors and officers increasingly facing personal liability risks. Marsh India has released findings from its Directors & Officers (D&O) Liability Insurance Claims Trends Report 2025, which reveals sharp increases in claim notifications, escalating defence costs, and intensifying regulatory actions, underscoring the urgent need for stronger governance and comprehensive D&O coverage.
New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers
Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
Shift Technology launched Shift Claims powered by agentic AI Shift Claims helps transform claims operations by assessing and prioritizing cases
Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance
Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report
India’s corporate landscape is undergoing rapid change, with directors and officers increasingly facing personal liability risks. Marsh India has released findings from its Directors & Officers (D&O) Liability Insurance Claims Trends Report 2025, which reveals sharp increases in claim notifications, escalating defence costs, and intensifying regulatory actions, underscoring the urgent need for stronger governance and comprehensive D&O coverage.
New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers
Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
Shift Technology launched Shift Claims powered by agentic AI Shift Claims helps transform claims operations by assessing and prioritizing cases
Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance
Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.