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Professional indemnity insurance in Australia

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  #1  
Old 25th April 2009, 10:52 AM
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Default Professional indemnity insurance in Australia

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Hi All,
I'm a UK pod heading to Queensland in the next few weeks and about to start the state registration process. I was sent some details about Guild's services for professional indemnity insurance, can anyone tell me if this would be a good choice???
Also, do I need to join the Australian Podiatry Association?
Thanks,
Scott.
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  #2  
Old 25th April 2009, 02:53 PM
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Default Re: Professional indemnity insurance in Australia

Guild is the "preferred" or the "endorsed" insurance (or something like that) of the Australasian Podiatry Council.

Coming from another country, I would strongly suggest you join the Australain Podiatry Association (Qld), especially for the support network it can provide. However, joining is not compulsory (though it might be to access Guild insurance?)
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  #3  
Old 25th April 2009, 03:56 PM
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Default Re: Professional indemnity insurance in Australia

Goodaye Scott, going private, I take it?
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Old 25th April 2009, 06:58 PM
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Default Re: Professional indemnity insurance in Australia

Hi Scott, if you want insurance from Guild you do have to be a member of the State Association (at least here in Vic) I would assume it is the same up there}.
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  #5  
Old 26th April 2009, 05:35 PM
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Default Re: Professional indemnity insurance in Australia

Scott

If your a member of the Society of Chiropodists and Podiatrists in the UK then your still covered by the insurance they provide while working in Oz.

Could save you some money if you've already paid your fee's with them for this year.

Chloe
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Old 27th April 2009, 12:04 AM
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Default Re: Professional indemnity insurance in Australia

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Originally Posted by markjohconley View Post
Goodaye Scott, going private, I take it?
Goodaye Mark!
Yeah, it looks that way. I've never been to oz so I'm basing this on what I've found on the internet and what mates are telling me but it seems that most opportunities are private, what am I going to do with all that money?!!!
Cheers,
Scott.
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Old 27th April 2009, 04:21 AM
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Default Re: Professional indemnity insurance in Australia

Hi there,

the APODA is a member association, it is not a regulatory body, therefore it is not a matter of law as to whether you have to join. I would recommend that you do join the Association from a representative perspective but also do have to declare that I am a member of the Board. Nevertheless, feel free to contact your local association.
Regards
NIKO
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Old 27th April 2009, 07:56 PM
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Default Re: Professional indemnity insurance in Australia

There is some on going debate about value for money in relation to the association fees and what you may get for it. In Vic it is very city centric, over $800 a year to join and the indemnity insurer that they use is more expensive than the alternative that I use. I find I don't need to know how many Melbourne practices are for sale each month, nor how many city locum positions are available etc. If you are the type of person who will use a reference/library service provided by them you may get something out of it. I have found so far that going to other types of education opportunities is actually more educational and less expensive than going to the association run ones.....but that is just me....and I'm a little odd.
regards Phill
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Old 28th April 2009, 01:40 PM
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Default Re: Professional indemnity insurance in Australia

l dont believe you need to be a member of the APODA to get Professional indemnity insurance, but you should check it out with them yourself, very friendly and helpful people.

http://www.guildgroup.com.au/
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Old 29th April 2009, 08:10 PM
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Default Re: Professional indemnity insurance in Australia

I have just gone through this process only a matter of months ago.

Guild Insurance is affiliated with the Australian Podiatry Council. Each state has its own branch of the APodC and thus is also affiliated with Guild. You DO NOT have to be a member of the APodC/State branch in order to be elidgeable to take out a Guild policy, however you recieve a 50% discount on your premiums if you are an association member.

The other competitor is AON whose policy prices are 50% less than guild's (from memory) which works out to be roughly the same as the association member discounted prices.

In the end I decided to join the association not only because of the HUGE guild discounts, but also because they give you regular updates inregard to professional development which is a useful resource IMO. I do agree that the Association could improve the way things are run but to my knowledge they are quite under-staffed most of time.

cheers
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  #11  
Old 30th April 2009, 02:05 AM
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Smile Re: Professional indemnity insurance in Australia

Hi Scott,

The previous post re: Guild v's AON, is pretty much on the money. Have you got work lined up? If not the company I work for is looking for podiatrists at the moment?

Cheers,
Craig
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Old 30th April 2009, 02:09 AM
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Default Re: Professional indemnity insurance in Australia

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The other competitor is AON whose policy prices are 50% less than guild's (from memory) which works out to be roughly the same as the association member discounted prices.
There is quite a difference in price; BUT one of them is more proactive in providing resources for prevention of problems; one of them has in-house lawyers available to answer immediate queries if something happens; etc ... I guess you get what you pay for.
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  #13  
Old 30th April 2009, 02:47 AM
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Default Re: Professional indemnity insurance in Australia

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Originally Posted by Craig Payne View Post
There is quite a difference in price; BUT one of them is more proactive in providing resources for prevention of problems; one of them has in-house lawyers available to answer immediate queries if something happens; etc ... I guess you get what you pay for.
exactly. i actually hadn't heard of "the other one" until i was told about them which is why i made the choice that i did
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Old 30th April 2009, 10:24 PM
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Default Re: Professional indemnity insurance in Australia

Quote:
Originally Posted by rhetoric66 View Post
Hi All,
I'm a UK pod heading to Queensland in the next few weeks and about to start the state registration process. I was sent some details about Guild's services for professional indemnity insurance, can anyone tell me if this would be a good choice???
Also, do I need to join the Australian Podiatry Association?
Thanks,
Scott.
Barton is that you? ApodA is not compulsory but would cover you is my understanding but you must be registered with QLD health board to work in QLD (each state has its own board) and you will need a medicare provider number and a blue card to deal with children.
You,ve got my email address :)
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