As a manufacturer or provider of medical devices, you understand the importance of creating safe, reliable, and effective products. However, with the increasing complexity and connectedness of medical devices, protecting your business, data and patients from the potential liabilities and risks associated with these products is also essential.
That’s where medical device insurance comes in.
Medical device insurance, also known as product liability insurance, is designed to protect your business from financial losses and legal liabilities that may arise from the sale, distribution, or use of your medical devices.
Traditionally, ‘sold’ by general insurance brokers as a single policies, our approach to your risk protection looks to blend cover of Product Liability, Professional Indemnity and Cyber Liability Insurance Cover to ensure that you have no overlaps in cover and to avoid any potential issues if you have multiple insurers involved in your portfolio.