Insurance for Medical Device Companies

Who's it for?

Companies involved in the design, development, manufacture or distribution of medical devices for use in hospitals or by other healthcare professionals, including:
  • Anaesthetic technology
  • Analytical equipment
  • Cardio-vascular
  • Dental
  • Drug delivery systems
  • E-health
  • Hardware and ambulatory
  • Implantable devices
  • Infection control
  • In-vitro diagnostics
  • Medical imaging
  • Mobility
  • Neurology
  • Ophthalmic
  • Orthopaedic devices
  • Radiotherapy
  • Surgical devices
  • Wound care

What does it cover?

  • Products liability
  • Property
  • Ideologically motivated attacks
  • Business interruption
  • General liability
  • Pollution and contamination liability
  • Professional liability
  • Breach of contract
  • Intellectual property rights infringement
  • Virus and hacking attack liability
  • Loss mitigation
  • Payment of withheld fees
  • Clinical trials
  • Employee fidelity
  • Website damage
  • Brand protection
  • Court attendance costs

Why do I need this?

  • Our combined products and professional liability gives full limit cover for financial loss as well as bodily injury and ensures no gaps or overlaps in cover. This is particularly important in areas such as medical electronics (with embedded software and patient data recording media) and for product distributors that provide added value services such as training and maintenance.
  • We have a broad risk appetite up to and including Class III invasive devices.
  • MD is a fully modular package including much more than just products and professional liability. Customers are able to pick and choose from a wide variety of coverages to get a policy which suits them.


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