18Records of refusals to provide professional indemnity cover

18 Records of refusals to provide professional indemnity cover

For the purposes of paragraph 53(1)(a) of the Act, a medical indemnity insurer must keep records of the following matters relating to a refusal by the insurer to enter into a contract of insurance with a medical practitioner to provide professional indemnity cover: (a) the date of the refusal; (b) the identity of the medical practitioner; (c) the reasons for the refusal, indicating both: (i) the provision of section 52A of the Act and, if relevant, the provision of section 14 of this instrument, applying to exempt the insurer from the requirement in that section of the Act not to refuse to enter into the contract; and (ii) the evidence of the existence of the circumstances that cause that provision to apply.