Running a medical practice comes with countless responsibilities, one of the biggest being protecting what you’ve built. But too often, Practice Owners overlook or underestimate the role of insurance in safeguarding their business from unexpected risks.

Rather than treating insurance as a reluctant purchase, smart Practice Owners see it as a vital safety net that ensures continuity, financial security, and peace of mind. Without the right coverage, a single event, be it property damage, cyber threats, or liability claims, can lead to devastating losses.

In this episode, we sit down with Caroline Holland from Docinsure to unravel the most common insurance mistakes Practice Owners make and how to create a structured, strategic approach to coverage that keeps your practice protected. You’ll gain insight into the key policies every practice should consider, the risks of underinsurance, and why a proactive approach to reviewing your coverage is essential.

In this episode of the Scale My Clinic Podcast, you’ll learn:

• The two biggest insurance mistakes Practice Owners make and how to avoid them (01:16)
• A real-world example of how underinsurance left a practice in financial ruin (02:17)
• How to build a coverage plan that actually works (05:38)
• Why medical practices are prime targets for cyber liability (14:11)
• The must-have policies beyond medical malpractice that every owner should know about (19:29)

Failing to plan is planning to fail, especially when it comes to protecting your practice. Tune in now to learn how to secure your business against the unexpected and ensure long-term success.

If you haven’t listened to our previous episode talking about The GP Pay Debate: Stop Playing Into Their Hands! go back and check out Episode 43.

Subscribe to the Scale My Clinic Podcast for weekly insights and strategies to scale your clinic.

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ABOUT CAROLINE HOLLAND

Caroline Holland is a ANZIIF Certified Insurance Professional (CIP) and seasoned Insurance Broker with over 20 years of and a special interest in the Australian Primary Healthcare Sector. She co-founded Medisure Indemnity Australia, a prominent healthcare underwriting agency back in 2004, and served as CEO of Mediprotect in Brisbane for many years. After the agency and brokerage were sold in 2017, Caroline relocated to FNQ and established the Reef Insurance Brokers Group. Doc Insure is part of this group and provides comprehensive insurance services nationwide to SME clinics in the healthcare and allied health sectors.

CONNECT WITH CAROLINE HOLLAND

DOC INSURE - Part of the Reef Insurance Brokers Group

PO Box 104 Atherton Q 4883

Email: admin@reefib.com.au

Call: 0473 007 606

Website: www.docinsure.com.au

Subscribe to the Scale My Clinic Podcast for weekly insights and strategies to scale your clinic.

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