Carousel_Arrow Chat IHT_trust_wills IR35 Combined Shape 2 Group 10 Login Mobile Menu Share Share Email SubMenuMobile Group 9 VAT View_Gallery View_List capital_allow Triangle 2 Copy Close construction cyberpro employment_tax_shares emplyer_solutions entrepreneurs_corps fee_protect Group 7 grant_fund Group i_Clock i_Consult i_Done i_Eligibility_Tick i_Enter i_Filter i_HMRC i_Negative i_Play i_Plus i_Reset i_Support_Legal i_Support_TaxDesk i_Support_VAT i_Tick noun_marketing_1872083 noun_online_2126759 i_download i_meet Group Copy 24 Group 18 noun_electrical_1240755 copy noun_Technology_2125422 noun_Science_2031115 i_tick_bullet_block international_tax patent_box private_client property_sdlt r_and_d reliefs_incentives Search specialist_tax status tax_indemnity valuation
icon_cookie Created with Sketch. Cookies

We use cookies on this website. You can choose to accept them all or to opt out of some. You can change your consent at any time by opening this window again

This includes all necessary technical and session cookies, plus performance, tracking and persistent cookies.

If you choose this option, we will block all performance, targeting and persistent cookies. Many parts of this site will then not work.

Please read the full details in our Cookie Statement.
Markel Insurance

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.

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, Grant funding and patent box through Markel Tax.

Target risk

Cover for the medical technology sector includes:

Legal liabilities

  • Public liability
  • Products liability (bodily injury and property damage)
  • Professional liability financial loss
  • Employers’ liability
  • Management risks (entity defence, directors’ and officers’ liability)

Protection of assets

  • Property damage
  • Business interruption
  • Specified all risks
  • 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 technology sector risks.

Manufacturers or wholesale distributors of:

  • Bedside monitors
  • Bioinformatics
  • Cosmetic technology
  • Electromedical / electrotherapeutic implants
  • Electromedical / electrotherapeutic medical devices
  • In-vitro diagnostics
  • Medical wearables
  • Software (regulated as medical devices)
  • Surgical technology
  • Telemedicine/ telehealth / virtual health
Please review our biomedical and life sciences product for other healthcare, food supplement and cosmetic product solutions.

Policyholder resources

To view additional services which may be available to you, visit the policyholder resources page.

Policyholder resources

Why choose Markel’s insurance for manufacturers and distributors of medical products?

  • Financial strength
We’re a Fortune 500 company, with strong financial ratings.
  • Specialist insurance
Our expert underwriters have developed a product with the specific needs of businesses in this sector in mind
  • Supporting UK businesses in this sector
We are dedicated to providing market-leading insurance solutions to UK businesses in this sector
  • Efficient claims settlement
Our claims handling has been voted by brokers as one of the best available today

Rated by our customers

Markel has a maximum five-star rating for overall service experience across the entire insurance policy lifecycle.

Why should you choose Markel
Comprehensive and unique insurance solutions which meet the demands and needs of specific clients, together with access to an unparalleled level of complementary support services.
Luke Kinsey, Life Sciences Broker - Gallagher

Our commitment to brokers

Excellent service through our regional offices

Online transactional capability and broker portal

Marketing capabilities through Engine Room

Best-in-class support from our value-added services