Risk for the indemnifier is at a minimum because there are stringent eligibility criteria. |
While they are valued as legal contracts, it is often difficult to make successful claims and financial compensation depends on the indemnifier having the funds. |
However, his indemnifier, the British-based Medical Defence Union, has referred the case to the new State insurer, the State Claims Agency. |
A plaintiff has no contractual right to recover loss from third parties and so might require the indemnifier to make good any such loss. |