Medical Indemnity Protection Society Limited

Governance and Ownership

MIPS assets are owned by its members, and it is operated on a not-for-profit basis. As MIPS exists solely to protect the interests of members, membership concerns are always the first consideration when decisions are made.

MIPS’ Constitution ensures that:

all income is added to the membership’s total reserve,
no dividend is returned to shareholders, and
subscribing members and not shareholders have a right to MIPS reserves.

What is the role of MIPS Insurance?

In response to the significant changes in medical indemnity effective 1 July 2003, MIPS founded MIPS Insurance Pty Ltd to create a sustainable, efficient and effective solution to the medical indemnity insurance needs of doctors.

	MIPS Board & Executive
	Governance & Ownership
	Constitution
	MIPS Insurance
	Annual Financial Reports

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Medical Indemnity Protection Society Ltd (MIPS) is an Australian Financial Services Licensee (AFS Lic. 301912). MIPS Insurance Pty Ltd (MIPS Insurance) is a wholly owned subsidiary of MIPS and holds an authority issued by APRA to conduct general Insurance business and is an Australian Financial Services Licensee (AFS Lic. 247301). MIPS has a binding authority from MIPS Insurance to issue the MIPS Insurance medical indemnity policy. Any financial product advice is of a general nature and not personal or specific.