New Zealand Medical Indemnity Insurance (NZMII)

About New Zealand Medical Indemnity Insurance (NZMII)

New Zealand Medical Indemnity Insurance Limited (NZMII) Enabling NZ medical practitioners and allied health professionals to practice and excel in medicine free from the fear of risk. NZMII is a New Zealand owned and operated insurance company providing medical malpractice and liability cover to its members since 1999. NZMII provides guaranteed insurance cover, expert medico-legal advice, and welling support to health practitioners alongside fast online applications and renewals. NZMII currently insures over 4,000 health practitioners, have assisted in over 4,500 claims and have paid over $4.2 million resolving claims. We are here to help in what can be stressful circumstances. We currently offer four types of policies for registered medical and health professionals who hold a New Zealand practising certificate and are practising in New Zealand: • Resident Medical Officers (RMO) Policy • Senior Medical Officers (SMO) Policy including vocationally registered GPs • Health Professionals Policy including HPCAA registered practitioners (excluding nurses and midwives) • Practice Policy to provide cover for healthcare practices. Visit our website to find out more or phone 0800 102 220. NZMII Solvency Margin as at 30 June 2024 are as follows: • Actual Solvency Capital NZ$4,915,746 • Minimum Solvency Capital Requirement NZ$3,000,000 • Solvency Margin NZ$1,915,746 • Solvency Ratio 164% Financial Strength Rating New Zealand Medical Indemnity Insurance has been issued a Financial Strength Rating of B+ (Good) and an Issuer’s Credit Rating of bbb- (Good), with the outlook on both ratings assigned to ‘Stable’. These ratings were issued by A.M. Best on 2 May 2024.

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