MEDICAL DUE DILIGENCE
How It Works
WHAT IS MEDICAL DUE DILIGENCE?
Medical due diligence is a comprehensive and discreet process that we manage from the initial consultation through to final implementation of your protection coverage. Our team works with you to coordinate and compile all necessary medical data, enabling us to negotiate the best possible terms.
Anonymously Risk-Profiled
Our unique approach sees us go beyond by having your medical data anonymously risk-profiled by an insurance underwriter, before directly applying for a policy.
Early Identification
Any potential health risks that may affect your coverage can be identified early, mitigating the risk of being unable to secure adequate insurance coverage.
Risk Mitigation
Through thorough medical due diligence, Sphere Assured provides you with a strategic advantage by addressing potential issue that might arise before applying for a policy.
HOW DOES IT WORK?
STEP 1.
First, our team gathers the necessary medical and financial evidence for the desired level of cover. We obtain medical history records from GPs, hospitals, or specialists, ensuring we have all relevant data before approaching the market. This enables us to control the data throughout the process, ensuring a seamless experience and collecting only essential information.
STEP 2.
Next, we arrange any necessary private medical examinations to support your application. Through our partnerships with a nationwide network of private hospitals, we can ensure all required exams are conducted under the right circumstances and at your convenience. By coordinating these exams with our private doctors instead of relying on insurer-appointed appointments, we retain control of the process and can guide you on what to expect. This creates an environment that promotes an accurate and comprehensive assessment of your health.
Once we are in receipt of all medical examination results and GP reports, we use this data to construct a precise medical profile. This profile presents a comprehensive, factual picture of an individual’s medical background, allowing us to assess the risks in-house before directly seeking quotes from insurers. Our strong relationships with underwriting teams nationwide enable us to secure prompt terms without impacting our client’s position. This consolidated approach allows us to offer a discreet service with a single point of contact from start to finish. Finally, we approach insurers with your application and, if necessary, negotiate the most favourable terms for you. This blind approach ensures that we secure terms based solely on the comprehensive, factual medical profile we have constructed.
STEP 3.
STEP 4
Once we identify a suitable policy, our team diligently works to finalise and secure these terms, arranging the implementation of your coverage efficiently. We oversee the entire process, ensuring that your insurance is set up seamlessly and according to your specific needs, providing you with peace of mind and optimal protection.
OUR SPHERE OF SERVICES
Our innovative and in-depth approach is encapsulated in our market leading ‘Sphere’ of services. With extensive experience in risk management across diverse client profiles, we are well-versed in facilitating cover for businesses of any size and industry.
Our expertise and services are also built to cater towards professional sports players, media personalities along with complex and high-net-worth private clients.
SME SPHERE
Insurance Coverage for Small & Medium-sized Enterprises'
M&A SPHERE
Insurance Coverage to Protect Human Capital
PRIVATE CLIENT SPHERE
Ensuring Future Stability
SPORTS & MEDIA SPHERE
Bespoke Protection to Suit Unique Lifestyles
RECRUITMENT SPHERE
Protecting Your Agency
GET IN TOUCH
PROTECTION CAN GO BEYOND INSURANCE
For more information on how we can help secure your future protection, get in touch with our team of insurance specialists today.
E: info@sphereassured.com
T: +44 (0)20 3468 0001