Manufacturers and distributors of medical products Markel’s insurance has been specially designed to cover the risks faced by manufacturers and distributors of medicines, medical devices, laboratory instruments and equipment, and ophthalmic products. The sector faces complex risks such as new medicines, implantable medical devices of US exports. Start-up companies need Director’s and Officer’s cover at a competitive premium to help get them off the ground. Markel understands these challenges and we can design an insurance solution to suit an organisations needs. Our underwriting appetite includes companies that provide supporting services to manufacturers or medical products. More than just specialist insurance cover Alongside insurance solutions, we can also assist your clients with tax and funding services such as R&D tax relief, tax funding and patent box through Markel Tax. Scope of cover Cover for the medical technology sector includes: Legal liabilities Public liability Products liability Professional Liability and Products Liability (financial loss) Employers’ liability Management risks - entity defence and directors’ and officers’ liability) Protection of assets Property damage Business interruption Damage to portable property Money/personal assault Transit Extension to cover Property/ Business interruption Deviations in controlled environments Contamination Machinery breakdown Public utilities Denial of access Restrictions on premises Customers/suppliers Risk appetite Our risk appetite for the medical technology sector is broad and all risks are underwritten by our team of expert underwriters, some of whom have over 25 years of experience insuring these risks. Manufacturers or wholesale distributors of: Bedside monitors Bioinformatics Biological products Contract manufacturing organisations (CMO) Contract research organisations (CRO) Cosmetic technology Electromedical / electrotherapeutic implants Electromedical / electrotherapeutic medical devices Human and animal medicines In-vitro diagnostics Laboratory equipment and consumables Medical and dental laboratories Medical wearables Medicinal and cosmetic active ingredients Software (regulated as medical devices) Surgical technology Telemedicine/ telehealth / virtual health Policyholder resources To view additional services which may be available to you, visit the policyholder resources page. Policyholder resources