Medical Technology and Life Sciences Insurance
Stay secure while you’re charting the course for tomorrow’s technologies.
What is Insurance for Medical Technology and Life Sciences?
Medical technology and life sciences companies are constantly innovating products in their industry. From the start to the end of a product’s life cycle, we have coverages that can help protect your company from the unique risks that you face.
Just like the medical technology and life sciences industry, we provide solutions through leading edge processes for our clients. Combining the latest market insight with our industry experience, our Risk Advisors are poised to adapt relevant coverages and help identify and mitigate risk exposure and develop custom insurance plans for the life sciences & medical technology industry that continuously changes.
Let us help you tailor an insurance plan for your life science or medical technology business that meets the requirements of your vendors and contractors and keeps you compliant in an ever changing insurance world.
Which Medical Technology and Life Sciences Companies Need Insurance?
Any business that provides a technological service or product needs technology insurance, including:
Medical Technology
Medical, surgical, and diagnostic instruments
Medical supplies
Labratory instruments
Medical distributors
Analtyical and Monitoring instruments
Dental and orthodontic equipment
Veterinary instruments
X-rays, ultrasounds, and MRIs
Pharmaceutical
Bio-pharma entities
Companies with clinical trials
Digital Health
Telemedicine companies
Electronic medical records software
Healthcare and medical software developers
Healthcare IT organizations
Medical app developers
Types of Insurance Coverages for Medical Technology and Life Sciences Companies
C General Liability Insurance
Commercial General Liability Insurance (CGL) covers your small businesses exposure to third-party claims for bodily injury, property damage, or personal injury or lawsuits.
Directors & Officers Insurance
Commercial or Business Auto Insurance provides coverage to small businesses and accommodates a wide variety of situational variations.
Cyber Liability Insurance
Cyber Liability Insurance helps protect your small business against the viciously damaging and increasingly prevalent threat posed by breaches in cyber security.
Professional Liability (E&O) Insurance
Professional Liability Insurance, also called Errors and Omissions (E&O), covers professionals with specific knowledge in a specific area and protects them against claims from their clients.
Employment Practice Liability Insurance (EPLI)
Employment Practice Liability Insurance (EPLI) provides protection for a business against claims made by current, former or potential employees for discrimination, harassment and other employment-related allegations.
Commercial Umbrella Liability Insurance
Commercial Umbrella Liability Insurance is written to cover your exposure to damages by third parties for bodily injury or property damage claims or lawsuits that exceed your limits on your underlying policies.
Worker’s Compensation
Workers Compensation (or workers comp) protects your business and employees from work-related injuries, accidents or even death.
Commercial Auto
Business or Commercial Auto Insurance coverage is provided to technology businesses of all sizes. We insure fleets from one vehicle to hundreds.
Why Insure with Professional Insurors?
-
Experienced
With over 45 years in business, we have access to the most competitive insurance programs in the U.S.
-
Human
Our dedicated Risk Advisors will guide you through every turn of your insurance policy and provide you with 24/7 support.
-
Complete
We can provide every type of insurance coverage that your technology business will need. Contact us today to request a free quote.
