Independent Lloyd’s retail broker Servca Group announced the acquisition of Medicas, an independent insurance specialist that offers a wide range of medical indemnity, medical malpractice and healthcare liability insurance for healthcare groups, entities and individual practitioners.
Financial details of the deal were not disclosed.
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 understands the risks faced by healthcare practitioners and organizations, said Servca in a statement.