Mda National Insurance Pty Ltd

Overview

MDA National is a mutual Medical Defence Organisation (MDO), founded in Perth, WA in 1925 to protect the interests of its doctor Members.

Contact Information

Level 3 516 Hay St SUBIACO, Western Australia, Australia 6008

free call phone: 1800011255

fax: view fax1300011244

website: http://www.mdanational.com.au

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Description

MDA National owns a Medical Indemnity Insurer (MII), MDA National Insurance Pty Ltd. This company has issued Professional Indemnity Insurance Policies to Members of MDA National since July 2003. Together, the two entities make up the MDA National Group.

Each year, Members of MDA National elect representatives to the Council (up to 12 doctors).

The role of the Council is to:

* monitor the financial performance of MDA National Insurance and its investment in that entity;
* approve the overall strategic objectives for the Group;
* appoint the Directors and monitor the performance of MDA National Insurance’s Board; and
* set the philosophy and provide input on medical issues.

MDA National Insurance is responsible for:

* implementing the MDA National Group’s strategic goals and objectives;
* issuing policies of indemnity to MDA National Members;
* performing the operational requirements of MDA National under a Service Agreement; and
* employing all Management and Staff.

The majority of the Board, including the Chairman, are independent and all comply with APRA’s “fit and proper” requirements for being a director of a licensed general insurer.

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