Errors & Omissions
Your choice of Medmarc means that you benefit from our customized, comprehensive programs that provide tailored risk management services, claims expertise, and the insurance coverage needed during the critical start-up stage through commercialization and success.
Coverage for Your Products
We provide customized insurance products and risk management solutions for medical devices, in vitro diagnostics, biotechnology, and pharmaceuticals throughout their lifecycles—whether the products are in clinical trials or being sold internationally.
Our underwriters are specialists in the products liability risks you face. Because of our singular focus, we are widely regarded as among the industry experts in structuring the coverage you need and want.
Effective Risk Management
Our industry-specific products liability risk management services help you prevent or minimize the cost of a potential claim.
Quality Claims Management
If you do experience a claim, our expert claims management team will protect your legal interests.
We believe that insurance buyers should have access to insurance protection through their chosen brokers.
Medmarc utilizes an open-market distribution network. This means that any properly licensed broker may place coverage with us.
No Appointment Necessary
You can place business with us and our strategic international partners – without specific appointments, unless required by state law.
Risk Management Services
Medmarc provides products liability risk management and FDA compliance consulting services. We are committed to helping medical technology and life sciences companies enhance their operations, create safe products, and reduce products liability risk.
For our current policyholders, our services are complimentary or available at a discounted rate, depending on the company’s specific needs. Our services are also available to companies not insured by Medmarc on a fee-for-service basis.
Understanding your products liability risk profile is an important step towards preventing products liability claims. By performing a risk evaluation, we can identify the factors unique to your operations and products that create potential exposures and recommend solutions to prevent or mitigate them.
Our training courses address the products liability risks most relevant to life sciences companies as well as the strategies most effective for minimizing them. Courses are taught by industry professionals and include data collected in Medmarc’s 40-plus years of defending life sciences companies against products liability claims.
Risk Management Expertise
We use the expertise of attorneys, engineers, and regulatory compliance specialists to bring a multidisciplinary approach to providing risk management solutions. Because of Medmarc’s singular focus on life sciences companies and products, our risk management professionals specialize in the products liability risks unique to this industry.
Risk Management Resources
Designed to help you identify and prevent products liability exposures, our publications, webinars, and industry-specific resources are available to you on our News and Resources section.
Claims Defense Philosophy
We will vigorously defend you and your product. We seek a successful resolution to all matters by responding appropriately to each case. A successful outcome may range from an early settlement to a full trial. We require that our defense counsel work together with you and the claims examiner to define what a successful resolution is for each specific matter and work efficiently to reach that resolution.
Our claims professionals are specialists, who exclusively manage medical technology and life sciences products liability claims.
Superior Legal Defense Services
We chose the members of our national panel of defense attorneys to represent you because of their proven successes in defending third-party liability suits brought against medical technology and life sciences companies.
We offer an array of claims and risk management materials related to the litigation process, from the filing of the lawsuit through resolution of your claim. Medmarc has a vast collection of resources on topics relevant to life sciences companies available on our News and Resources section.
If you experience a claim, we make it easy for you to report it. You can do so by email at ClaimsReporting@Medmarc.com or by mail, telephone or fax.
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