Medmarc is the longest serving underwriter of products liability insurance to the medical technology and life sciences industry.
We insure both manufacturers and distributors. Our policyholders range from clinical-trial stage companies to mature businesses selling products globally.
Medmarc is rated "A" (Excellent) by AM Best.
Medmarc offers products liability and manufacturers errors and omissions coverages, on either a primary or excess basis, in all 50 states and the District of Columbia, enabling us to provide you with a customized policy to meet your unique product liability needs. Our policy forms are designed specifically for the medical technology and life sciences industry. We cover virtually all companies functioning in drug and device supply chains—from companies sponsoring clinical trials and providing contract manufacturing, sterilization, and packaging services to those with commercialized products and sales.
In addition to our insurance policies, we provide risk management consulting services and quality claims management to our insureds. We use expertise from attorneys, engineers, and regulatory compliance specialists to bring a multidisciplinary approach to managing your risks. Because of Medmarc’s dedicated focus on life sciences companies and products, our risk management professionals specialize in the products liability risks relevant to your industry—helping you enhance your operations and create safer products.
Our errors and omissions coverage for manufacturers is available on either a standalone policy or combined on one form with our products liability offering. This protects you in instances where negligent error or omission inflicts economic injury on your customer, including covering costs associated with the loss of use of data or a recall. Target companies for this coverage include contract manufacturers, sterilizers, and packaging companies.