Medical Reporting Organisations

Secure Risk Solutions is one of the only brokers in the UK who understand the Medco registration requirements.

Medco have recently revised the qualifying criteria following a six-month consultation.

The new requirements for medical reporting organisations for insurance purposes is as follows –

Qualifying Criteria for all Medical Reporting Organisations (MROs)

Tier 2 Bond & Insurance

A financial bond or other financial instrument of at least £20,000 demonstrating that the MRO has sufficient funds available to remunerate medical experts from whom it has commissioned medical reports in the case of failure of the MRO.

Evidence of a minimum of £1m for professional indemnity insurance and £3m for public liability insurance.

Tier 1 Bond & Insurance

A bond or other financial instrument of £100,000 demonstrating that the MRO has sufficient funds available to remunerate medical experts from whom it has commissioned medical reports in the case of failure of the MRO.

Evidence of a minimum of £1m for professional indemnity insurance and £3m for public liability insurance.

We understand the market like no other broker as we a multi-faceted team of brokers that have the full understanding of what is required by Medco.

We offer the following for medical reporting organisations

  • PI Insurance for Medical Reporting Organisations covers both Tier 1 & Tier 2
  • Bond for Tier 1 & Tier 2 Agencies
  • Public Lability Insurance £3m
  • All our products are Medco Compliant
  • We also offer insurance to Medco Registered Physiotherapists and Experts

If your profession is not listed here, just get in touch. It’s likely that we will be able to help you find the cover you need.

Get the cover your business needs

Call us on 01274 965791 and speak to our friendly advisors.

Testimonials Below is just small sample of our clients feedback on our services:

  • Secure Risk Solutions have provided a service for both our personal and business needs. With a wide range of products and services, and a highly knowledgeable workforce, they have the tools necessary to meet the needs of any customer. We are proud of our continuing business relationship with them, and look forward to many more years of working together. Kind regards,

    Atif Rulal Director, Ask Legal Solicitors Limited

  • Thank you for your assistance and expertise in helping us with our insurance. I appreciated your knowledge and ease in answering our questions and the expert advice we received from all of your staff.

    Dr Ajmal Prime Medicals Limited

  • It has been a pleasure dealing with the guys at Secure Risk Solutions, your professional expertise and knowledge was a major influence in my decision when I set up my new medical agency.

    Dr Khalid Arshad Global Medical Consultancy

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