Medical Technology Insurance

Medical Technology specialists

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What Is Medical Technology Insurance?

There are fewer industries with more stringent regulations than those in place for medical technologies, meaning that the right advice and policy cover are critical.

We can help provide policies for a range of medical technology companies, from X-Ray scanning machines to operating theatre consumables. 

The work you do is essential for your end user, meaning that issues within the supply chain, logistics and even cybercrime are just some of the areas that you may wish to consider accounting for within your programme.

What Cover Do I Need For My Medical Technology Insurance Policy?

Directors & Officers Liability

Directors and Officers of the company can be personally held responsible for the decisions they make on a daily basis. 

Common risks include data protection regulations violations steming as a result of a cyber-attack, as well as the issues that can come with working in an essential industry.

Business Interruption Insurance

Covering your lost revenue when you are unable to operate can make a considerable difference, especially when serious damage caused by an insured peril has occurred that prevents you from opening. If you’re unable to open as a result of certain unforeseen conditions, which can include fires and flood damage, this can help cover the lost revenue as a result.

Employer’s Liability Insurance

For all workers, you will require employers liability insurance, even for part-time, temporary or contract staff. This can assist in covering the costs related to an employee being injured while working for you and any subsequent legal action that may be taken as a result.

Product Liability Insurance

If the products you produce cause injury or death then product liability insurance can help to cover the costs involved with settling a legal case as a result. If you produce medical devices then this can be essential. 

Find The Right Medical Technology Insurance For You

With our  brokers, you can be confident in the fact that your claim will be dealt with in a respectful and efficient manner by our team.

For more information on our medical technology insurance, simply contact the team. Alternatively, you can request a call back. Our team will be more than happy to discuss your policy needs and answer any questions you may have.

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  • Our Promise

    We only insure qualified Medical Professionals for Injectable Treatments

    We are completely independent and trade with integrity – which means we always act in your best interest to place your business with an insurer that’s right for you.

    We work with a team of experts from medical solicitors, qualified health and safety clinical specialists, accountants and Patient Consultation Technology companies to bring together the best services to robustly protect your organisation from every angle.

    We take the time to fully understand the DNA of how your organisation operates by visiting you in person to fully review all the varying exposures within your business and provide guidance, risk management advice and look at any gaps or exposures in cover you may have and implement an insurance solution designed to meet your needs.

    We’re here to defend you, we only work with insurers who take a strong stance against defending claims and involve you every step of the way.

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  • Our broking experts are here to assist you throughout the year.

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  • Our broking experts are here to assist you throughout the year.

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  • Our broking experts are here to assist you throughout the year.

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  • Our broking experts are here to assist you throughout the year.

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  • IMPORTANT UPDATE FROM LLOYD’S

    Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies.

    Further information about the proposal (including whether it could affect your pre-transfer position), which policies are transferring, your rights and what you need to do can be found at www.lloyds.com/brexittransfer

  • Our broking experts are here to assist you throughout the year.

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