Insurance for the Medical Devices Industry

Due to the diverse and specialised nature of medical devices and the risks businesses are exposed to when trading in overseas territories, a typical ‘off the shelf’ insurance product will rarely provide all the protection you need, and can often leave your business at risk.

Working in partnership with a leading insurer with extensive experience of the industry, we have developed an exclusive commercial insurance offering to protect Medical Devices Manufacturers against these specific and specialised risks.

We are able to offer a very comprehensive and competitively priced solution to a broad range of businesses including Manufacturers of all Classes of Medical Devices (including fully invasive) in addition to those trading in overseas territories.

 

Features

 

We have negotiated an exclusive policy wording which incorporates a range of industry specific covers as standard, these include:

 

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Property Damage

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Business Interruption

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Legal Liabilities

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Financial loss

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Professional Indemnity (providing cover where advice is given for a fee)

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Recall Expenses & Crisis Management Service Expenses

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Damage to your stock whilst undergoing sterilisation at own or contractors’ premises

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Optional Clinical Trials cover

   

In addition to the protection provided by our insurance cover we also include a number of added value benefits, many of which are exclusive to R K Harrison:

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A three year premium stability pledge

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Free contract review service to identify potential gaps in current arrangements

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Risk management support

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Underwriters who fully understand and are committed to the Medical Devices sector for the long-term

 

Contacts

 

To find out more about insurance for the Medical Devices Industry or to arrange for someone to visit you, please call R K Harrison:

 

Richard Storey, Divisional Director
richard.storey@rkharrison.com

+44 (0)1234 311 267

Richard Davies, Development Executive
richard.davies@rkharrison.com

+44 (0)1234 408 619

 

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R K Harrison Insurance Brokers Limited is authorised and regulated by the Financial Services Authority in respect of general insurance business. Registered in England No. 725875. Registered office: Woodlands, Manton Lane, Bedford MK41 7LW.
R K Harrison Insurance Brokers Limited is an accredited Lloyd's Broker. © R K Harrison Insurance Brokers Ltd 2007.
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