Medical Products
Liability Insurance
Overview
Founded in 1979, 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.
Products & Services
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. Our policy forms are designed specifically for the medical technology and life sciences industry and can be customized to meet your unique policy needs. We cover all sizes of companies, from sponsors of clinical trials to those with multinational sales, and we insure companies functioning throughout the drug and device supply chains including—contract manufacturing, sterilization, and packaging services.
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.