SCIENCE & TECHNOLOGY

Liability Insurance for your Medical Devices

As a manufacturer or provider of medical devices, you understand the importance of creating safe, reliable, and effective products. However, with the increasing complexity and connectedness of medical devices, protecting your business, data and patients from the potential liabilities and risks associated with these products is also essential.

That’s where medical device insurance comes in.

Medical device insurance, also known as product liability insurance, is designed to protect your business from financial losses and legal liabilities that may arise from the sale, distribution, or use of your medical devices.

Traditionally, ‘sold’ by general insurance brokers as a single policies, our approach to your risk protection looks to blend cover of Product Liability, Professional Indemnity and Cyber Liability Insurance Cover to ensure that you have no overlaps in cover and to avoid any potential issues if you have multiple insurers involved in your portfolio.

EXPLORE


Support

UK-based expert support, online and on the phone. Specific Claims and Risk Management advice, along with technical bulletins are provided throughout the policy period.


Trusted

MFL is trusted by thousands of Professionals. We are also a Corporate Partner of Medilink.


Tailored

Quotations can be obtained once you have spoken to our Lifescience team, who will work with you and tailor insurance to the specialist activities you undertake.

Other Medical Device insurances to consider

Medical device insurance is an essential consideration for any manufacturer or provider of medical devices. This type of insurance can help to protect your business from financial losses and legal liabilities associated with these products, and provide you with peace of mind as you focus on the important work of creating innovative and effective medical devices.

We help our clients through their product lifecycle by looking at the associated risks at each phase of development and creating an insurance solution to minimise any financial loss or disruption should a claim arise.

Insurance covers to consider during the lifecycle of your device

  • Clinical Trials Insurance
  • Property Damage
  • Business interruption
  • Research & Development
  • Intellectual Property Insurance
  • Marine and Goods In Transit Insurance
  • Personal Accident and Business Travel

Protect patients and data from emerging cyber risks

Read our Whitepaper: Connected Medical Devices and Cyber Risks

Read our helpful whitepaper which looks at the use of connected medical devices and the associated risks they can create. Our aim is to help businesses better understand these risks as well as our approach to cyber security protection through insurance.

Read

Start your quote

Contact our friendly team today to discuss your insurance needs. Whether you call us for a chat or drop us an email. We will aim to respond within 24 working hours.

We look forward to helping you find what you’re looking for.

Opening hours
Monday to Friday 09:00 to 17:00

Barlow House
Minshull Street
Manchester
M1 3DZ

Opening hours
Monday to Friday 09:00 to 17:00

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