Strive Insurance | Protecting Texas Manufacturers and Distributors
When most companies think of product liability insurance, they assume they're protected from lawsuits if their product causes harm. But there’s much more to it than just basic liability coverage, and overlooking key add-ons or exclusions can be costly.
At Strive Insurance, we’ve helped many Texas-based manufacturers, importers, and distributors uncover gaps in their product liability policies that could have exposed them to major financial losses.
Let’s break down the often-overlooked coverages you should review.

​1. Coverage for Product Recall Costs
Many business owners assume their product liability policy includes recall expenses. It usually doesn’t.
Product Recall Insurance can help cover:

• Notifying customers
• Shipping and disposal costs
• Product replacement
• Public relations to protect your brand

In industries like food, supplements, electronics, or toys, recall coverage is essential. One mistake can trigger a recall that costs more than the lawsuit itself.

2. Contractual Liability Coverage
Do you sign agreements with distributors, wholesalers, or retailers?
If your contract includes hold harmless or indemnification clauses, you may be accepting legal responsibility for things your policy doesn’t cover. Contractual liability coverage can help protect you when your contracts create obligations beyond your normal operations.

3. Vendors Endorsements
If your product is sold by big-box stores or through third-party vendors, they may require you to list them as additional insureds. This isn't automatic in most policies.

A Vendors Endorsement helps protect the retailer from lawsuits involving your product and keeps you compliant with contract requirements. Without it, you might lose distribution deals—or worse, get sued without coverage.

4. Foreign Liability
If your products are sold internationally, your standard U.S.-based liability policy likely won’t follow you overseas.
Foreign Product Liability Coverage extends your protection into countries where you're selling or distributing goods. Without it, you could be on your own in a foreign legal system.

5. Claims Arising from Incorrect Instructions or Labels
Many claims stem not from defective products—but from improper labeling or missing instructions. Some policies exclude or limit coverage for these types of errors.
Make sure your policy includes coverage for:

• Inadequate warnings
• Faulty or missing instructions
• Mislabeling (especially in food, chemical, or medical products)

Why It Matters for Texas Businesses
Texas is home to thousands of growing manufacturers and importers. Whether you're producing supplements in Austin, exporting electronics from Dallas, or distributing products through Amazon from Houston, your risk profile may be far more complex than you realize.
And when a lawsuit hits, the policy you thought would protect you might not go far enough.

How Strive Insurance Helps
At Strive Insurance, we specialize in helping product-based businesses identify gaps, understand endorsements, and build coverage that fits their real-world risks.
We know the fine print—so you can focus on production, not protection.
 

Strive Insurance | Specialized Coverage for Science & Innovation
Analytic laboratories are the backbone of many industries, providing testing, data analysis, compliance validation, and quality control. Whether you're testing pharmaceuticals, food products, environmental samples, or materials, your lab operates under intense scrutiny and carries substantial risk.
At Strive Insurance, we work with analytic labs across Texas to develop specialized insurance programs that address their unique challenges. Below are the top risks and how insurance can help manage them.
 
1. Errors in Analysis or Testing
A single error in reporting or lab analysis can have ripple effects, leading to product recalls, regulatory violations, or even patient harm.
Professional Liability Insurance (also known as Errors & Omissions) helps cover:

• Legal defense costs
• Settlements or judgments due to claims of negligence or incorrect results
• Mistakes in data interpretation or reporting

Labs that provide results for critical decisions (e.g., drug formulation, water safety, or food allergens) can’t afford to go without this.
 
2. Regulatory Compliance and Investigations
Agencies like the FDA, EPA, OSHA, and state health departments heavily regulate labs. Even unintentional compliance violation can result in steep fines, shutdowns, or litigation.
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Regulatory & Legal Expense Coverage can assist with:

• Costs associated with responding to investigations
• Legal fees during audits or hearings
• Fines and penalties (in some cases, where allowed by law)

​3. Equipment Breakdown
Analytical labs rely on high-precision instruments GC-MS, HPLC systems, spectrometers, and more. If any of these systems fail, it can halt operations, delay projects, and destroy samples.

Equipment Breakdown Insurance helps cover:

• Repair or replacement of key instruments
• Losses from contamination due to malfunction
• Business interruption due to downtime

4. Cyber Threats and Data Loss
With sensitive client data, proprietary formulas, and testing protocols stored digitally, analytic labs are prime targets for cyberattacks or accidental data breaches.

Cyber Liability Insurance can protect against:

• Ransomware attacks and business interruption
• Client data exposure and legal costs
• System restoration and regulatory fines

5. Contamination or Sample Spoilage
Temperature-sensitive or contamination-prone samples can be lost due to power outages, handling errors, or HVAC failure. This can lead to client disputes or rework costs.

Spoilage & Contamination Coverage can help offset:

• Lost value of samples or raw materials
• Additional costs of retesting
• Loss of client revenue from delays

6. General Liability and Property Risks
Slip-and-fall incidents, third-party injury, or property damage are always present, even in controlled lab environments. Fire, water damage, and theft are also common risks.

Commercial Package Policies that include:

• General liability
• Property coverage
• Business interruption protection
  can keep your operations stable after a physical loss.

Why Labs in Texas Need Specialized Protection
From Houston’s biotech corridors to Austin’s clean tech labs, Texas is a hub for scientific innovation. But innovation also brings risk. That’s why working with an insurance agency that understands the science—and the exposures—is critical.

How Strive Insurance Can Help
At Strive Insurance, we build tailored risk management programs for analytic labs based on your equipment, data, contracts, and regulatory exposure. We go beyond the basics to ensure your lab stays protected—and operational—when it matters most.

Strive Insurance | Risk Management for Health & Wellness Brands
The dietary supplement industry is booming, but increased scrutiny and risk come with growth. Whether manufacturing multivitamins, protein powders, herbal blends, or specialty capsules, your business sits at the intersection of health, compliance, marketing, and manufacturing liability.
At Strive Insurance, we specialize in helping dietary supplement companies in Texas and beyond navigate these complex risks with tailored insurance solutions.
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Here are the supplement brands' top exposures and how insurance can protect your business.

1. Product Liability and Bodily Injury Claims
If a consumer becomes ill, experiences an adverse reaction, or even misuses your product, your company could face a lawsuit, regardless of whether you're the manufacturer or private label distributor.

Product Liability Insurance can help with:

• Legal defense costs
• Medical damages and settlements
• Claims involving allergic reactions or side effects

Even when you're not at fault, defense costs alone can be financially devastating.

2. Labeling and Marketing Misrepresentation
Claims like “clinically proven,” “natural,” or “FDA approved” are often targeted by regulators and trial attorneys. If your label or advertising is challenged for being misleading or unsubstantiated, your company could face fines or class-action lawsuits.

Errors & Omissions (E&O) Insurance and Advertising Injury Coverage can assist with:

• Legal costs for false claims allegations
• Defense against class-action suits
• Regulatory investigation expenses

These policies are essential for any brand marketing direct-to-consumer.

3. Product Recalls
A contamination event, formulation error, or undisclosed allergen can trigger a product recall—voluntary or mandatory. The costs of notifying customers, pulling products from shelves, and managing PR fallout can cripple a small to mid-sized supplement business.
Product Recall Insurance can cover:

• Recall logistics and disposal
• Crisis management and brand repair
• Lost revenue and restocking costs

Without it, your reputation—and bottom line could suffer long-term damage.

4. Contract Manufacturing Risks
If you're using third-party manufacturers, you may be held liable for their mistakes. If they cut corners or use tainted ingredients, your brand is still on the label—and therefore, on the hook.

Contingent Liability Insurance and Vendor Management Endorsements help protect your business when your suppliers or co-packers fail to deliver safely or compliantly.

5. Cybersecurity and Customer Data
Online supplement sales are huge, but they come with data risks. E-commerce breaches, stolen credit card data, or compromised health information can lead to serious liabilities under laws like HIPAA or state privacy statutes.

Cyber Liability Insurance covers:

• Ransomware and data breach response
• Legal notification requirements
• Reputation management and loss of business

For brands that sell online or store customer data, this is a must.

6. Regulatory Scrutiny
The FDA, FTC, and state health departments monitor the supplement space closely. Even a minor compliance error in packaging or claims can lead to warnings, fines, or bans.

Regulatory Defense Coverage helps with:

• Legal costs tied to agency inquiries
• Responding to FDA 483 letters or warning letters
• Managing regulatory investigations and hearings

It’s about being prepared for more than just accident-regulators can shut you down, too.

Why Supplement Companies Need Better Protection
From Austin startups to Dallas-based contract manufacturers, Texas has a fast-growing nutraceutical scene. However, it also faces increasing consumer and regulatory pressure. Generic insurance just doesn’t cut it in this industry.

How Strive Insurance Helps
At Strive Insurance, we understand the supplement space. Our advisors know how to spot hidden gaps in coverage, build robust recall and liability protections, and help you stay compliant and covered—even if you're scaling fast.
 

Running a business in Texas comes with a lot of responsibilities, and one of the most important is making sure you have the right insurance in place. But let’s face it: commercial insurance can be expensive, especially when premiums keep rising year after year.
At Strive Insurance, we help business owners across Texas find smarter ways to protect their operations without overpaying. If you're looking to tighten up your insurance spending while keeping your coverage strong, here are five proven strategies to consider:

1. Bundle Your Policies
One of the easiest ways to save money is by bundling your commercial insurance policies under one carrier. A Business Owner’s Policy (BOP), for example, combines general liability and property insurance into one convenient—and often discounted—package.
Pro tip:
Talk to your agent about whether your business qualifies for a BOP or other bundle options. This can also make renewals and claims much simpler to manage.

2. Raise Your Deductibles Strategically
A higher deductible means you’re agreeing to pay more out of pocket before your coverage kicks in. But in return, you’ll usually see a lower premium.
Pro tip:
Review your claim history and financial cushion. If you rarely file claims and can comfortably handle a larger deductible, this is a smart way to reduce costs.

3. Improve Risk Management Practices
Insurance companies reward businesses that manage their risks well. Installing security systems, conducting regular safety training, and maintaining good housekeeping practices can lead to lower premiums—especially in industries like construction, manufacturing, and hospitality.
Pro tip:
Ask your agent if your insurer offers credits for things like fire suppression systems, safety audits, or having a written risk management plan.

4. Review and Update Your Coverage Annually
Many businesses are paying for coverage they don’t actually need—or missing out on discounts because they haven’t updated their policy to reflect changes.
Pro tip:
Have an annual insurance review. If your payroll, inventory, or equipment values have changed, your coverage should reflect that. You might even be eligible for new discounts based on your industry or claims-free status.

5. Work with an Independent Insurance Agent
Not all insurance agents are created equal. Independent agents—like us at Strive Insurance—aren’t tied to one company. That means we can shop your coverage across multiple carriers to find the best fit for your budget and needs.
Pro tip:
Make sure your agent understands your specific industry. From biotech to real estate to retail, industry-specific knowledge can uncover savings others might miss.

Saving money on your commercial insurance doesn’t mean taking shortcuts—it means making smart, informed decisions. At Strive Insurance, we’re here to help you find the right balance between protection and price.
Ready for a free policy review? Let’s talk. We’ll go over your current coverage, find opportunities to save, and make sure your business stays secure for the road ahead.
 

The medical device industry is moving fast—with new technologies, evolving regulations, and increasing global demand. But with innovation comes risk. For medical device firms in Texas and beyond, staying ahead of these risks isn’t optional—it’s critical for long-term success and compliance.
At Strive Insurance, we work with medical device manufacturers, distributors, and developers to manage complex risks. Here are five risk management trends your firm should be paying close attention to:


1. Increased Scrutiny from Regulators
The FDA and other global regulatory bodies are tightening oversight on medical device safety, cybersecurity, and post-market performance. This is especially true for software-driven devices and those involving AI.
What it means for you:
Regulatory missteps can delay approvals, trigger recalls, or result in costly legal consequences.
Risk tip:
Work with insurance and compliance partners who understand FDA guidelines and offer Product Liability and Errors & Omissions (E&O) coverage tailored to the medical device space.


2. Rising Product Liability Exposure
Device failure, software glitches, or even improper use by healthcare providers can result in lawsuits. As more devices integrate with patient-monitoring systems or electronic health records, the liability risk grows.
What it means for you:
A single adverse event could trigger a recall or class-action lawsuit—threatening both finances and reputation.
Risk tip:
Make sure your Product Liability Insurance covers not just manufacturing defects but also software errors, user misuse, and failure-to-warn claims.

 
3. Cybersecurity Threats
Modern medical devices often connect to networks or rely on cloud-based platforms. While these innovations improve outcomes, they also open the door to cyber threats, data breaches, and ransomware attacks.
What it means for you:
Cyber vulnerabilities aren’t just an IT issue—they’re a patient safety issue and a regulatory concern.
Risk tip:
Invest in Cyber Liability Insurance and conduct regular risk assessments to ensure device security meets current standards. Consider adding Technology E&O for added protection.


4. Global Supply Chain Disruptions
Many medical device firms rely on global suppliers for parts, packaging, or components. Disruptions—whether due to political unrest, natural disasters, or logistical delays—can halt production and affect delivery timelines.
What it means for you:
Even a small supplier issue can lead to missed deadlines, contract breaches, or lost revenue.
Risk tip:
Review your Business Interruption and Contingent Business Interruption Insurance to ensure your policies account for third-party supply chain risks.


5. Growing Demand for ESG and Sustainability Compliance
Investors, healthcare providers, and regulators are putting pressure on medical device companies to demonstrate strong Environmental, Social, and Governance (ESG) practices.
What it means for you:
Non-compliance or lack of transparency could impact investor relations and contract eligibility with healthcare networks.
Risk tip:
Integrate ESG into your risk management strategy and document your compliance efforts. This may also impact the types of coverage and limits insurers are willing to offer.


The risk landscape for medical device companies is becoming more complex—and more high stakes. But with a proactive strategy and the right insurance partner, your firm can navigate these challenges with confidence.
At Strive Insurance, we specialize in protecting innovation. Let’s review your current coverage and make sure it’s built for today’s risk—and tomorrow’s growth.
 

Managing properties in Texas comes with its share of challenges—from fluctuating weather conditions to tenant disputes and building maintenance. As a property manager, your job involves juggling these risks while keeping owners, tenants, and vendors happy. But one area where many property managers unintentionally fall short is insurance. Overlooking key details can leave your business exposed to significant financial and legal consequences.
At Strive Insurance, we work closely with Texas property managers to help them identify and avoid common insurance pitfalls. Here are five major ones to watch out for:


1. Underinsuring the Property
One of the most common mistakes is underestimating the cost to rebuild after a loss. With construction costs rising across Texas, your policy limits from a few years ago may no longer be adequate. If a fire or storm destroys part of the property, you could be stuck covering the difference between the insured value and the actual rebuild cost.
Solution: Schedule regular insurance reviews with your agent to update property valuations and ensure your policy keeps up with inflation and material costs.


2. Neglecting Liability Risks
Slip-and-falls, tenant injuries, or even crimes on the property can lead to lawsuits. Liability claims are not only expensive—they can also damage your reputation.
Solution: Make sure you have robust General Liability coverage and consider adding Umbrella Liability Insurance for additional protection. Also, verify that contractors working on your property carry their own liability insurance and workers' comp.


3. Gaps in Coverage for Tenant-Caused Damage
Some policies won’t cover damage caused by tenants, leaving you responsible for costly repairs. Whether it’s an unauthorized pet, a kitchen fire, or water damage, these exclusions can catch you off guard.
Solution: Ask your insurance agent to review your policy exclusions and recommend endorsements that fill in these gaps. Encouraging or requiring tenant renters’ insurance is also a smart move.


4. Skipping Cyber Insurance
Many property managers rely on digital systems for rent collection, maintenance requests, and tenant communication. If your systems are hacked or data is compromised, your liability and recovery costs could be massive.
Solution: Invest in a Cyber Liability Insurance policy. It’s affordable and helps cover recovery costs, legal fees, and notification requirements after a data breach.


5. Assuming the HOA’s Insurance Has You Covered
If you manage condos or townhomes, don’t rely on the homeowners’ association’s policy to protect your interests. HOA policies often only cover common areas, leaving you exposed.

Solution: Clarify responsibilities between your policy and the HOA’s master policy. Your agent can help make sure you’re not caught in a coverage gap.


Final Thoughts
Texas property managers face a complex insurance landscape, but the right guidance can make all the difference. At Strive Insurance, we specialize in helping property managers identify risks, close coverage gaps, and gain peace of mind.
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If you're unsure whether your current insurance setup is protecting you fully, let’s schedule a quick consultation. We’ll help you avoid the pitfalls—and build a stronger foundation for your business.
 

The biotech industry is an exciting and rapidly evolving field, but with innovation comes risk. Biotech companies face unique challenges that require specialized insurance coverage. Whether it’s protecting intellectual property, securing clinical trials, or mitigating product liability, insurance agents play a critical role in helping biotech firms manage their risks. Here are three essential services insurance agents provide for the biotech industry.

1. Product Liability Insurance for Biotech Firms
Biotech companies develop and distribute cutting-edge products, including pharmaceuticals, medical devices, and genetic therapies. However, these innovations come with potential liability risks if a product causes harm.
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Insurance agents help biotech firms secure Product Liability Insurance, which covers claims related to bodily injury, property damage, or adverse reactions from biotech products. Agents work with underwriters to tailor policies that provide coverage from research and development through commercial distribution.

2. Clinical Trials Insurance
Before a biotech product reaches the market, it must undergo extensive clinical trials. These trials expose companies to potential lawsuits from participants who may suffer unforeseen side effects.

Agents assist biotech companies in securing Clinical Trials Insurance, which covers claims of injury or illness resulting from participation in a trial. This coverage is essential to protect the company’s financial interests while ensuring compliance with regulatory requirements.

3. Intellectual Property and Cyber Insurance
The biotech industry relies heavily on intellectual property, including patents, proprietary research, and trade secrets. Any data breach, cyberattack, or intellectual property dispute can significantly impact a company's operations.

Agents help biotech firms obtain Cyber and Intellectual Property Insurance, which protects against hacking, data theft, and IP infringement claims. With increasing cyber threats targeting healthcare and biotech, this coverage is more critical than ever.

Final Thoughts
The biotech industry is full of opportunity, but with innovation comes significant risk. Insurance agents who specialize in biotech can provide tailored policies to protect against product liability, clinical trial risks, and cyber threats. By working with an experienced insurance agent, biotech companies can focus on innovation while safeguarding their business.

Product liability insurance is a crucial coverage for businesses that manufacture, distribute, or sell goods. However, when products are sold internationally, the risk landscape changes. Many companies are unaware of the differences between foreign and domestic product liability insurance. Understanding these distinctions is critical for businesses that operate across borders.

1. What Is Domestic Product Liability Insurance?
Domestic product liability insurance covers claims that arise from products sold within the same country where the business is based. If a company manufactures a product in Texas and sells it within the United States, a standard Product Liability Insurance policy would cover bodily injury, property damage, and legal fees resulting from product-related incidents.
Key coverage areas include:

• Manufacturing defects
• Design defects
• Failure to warn (inadequate labeling or instructions)

2. How Foreign Product Liability Differs
When a company exports products to other countries, Foreign Product Liability Insurance is required. This coverage accounts for legal and regulatory differences in international markets.

Key differences include:

• Legal Variations: Different countries have distinct liability laws, making foreign coverage essential.
• Jurisdiction Risks: Some countries have stricter product safety laws and more aggressive consumer protection regulations.
• Import Regulations: Some nations require companies to have local insurance policies to conduct business.

Without proper Foreign Product Liability Insurance, a company may find itself exposed to costly lawsuits and compliance issues in foreign markets.

3. Why Businesses Need Both Coverages
For companies selling internationally, having both domestic and foreign product liability insurance is crucial. Some key reasons include:

• Protection from overseas lawsuits
• Compliance with foreign regulations
• Safeguarding against recall costs and legal fees

Understanding the difference between domestic and foreign product liability insurance is crucial for businesses operating globally. By working with an experienced insurance agent, companies can ensure they have the right coverage for both local and international markets.
 

Property managers handle sensitive financial and personal data for tenants, property owners, and vendors. With cyber threats on the rise, property management firms are increasingly targeted by hackers looking to exploit digital vulnerabilities. A cyberattack can result in significant financial loss, reputational damage, and legal consequences. Here’s what property managers need to know about cyber risks and how to protect their business.
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1. The Biggest Cyber Threats Facing Property Managers
Property management companies are high-value targets for cybercriminals due to the amount of sensitive data they store. Some of the biggest risks include:

• Data Breaches: Hackers target property management databases containing Social Security numbers, banking details, and lease agreements.
• Ransomware Attacks: Cybercriminals lock critical systems and demand a ransom to restore access.
• Wire Transfer Fraud: Scammers trick property managers into wiring funds to fraudulent accounts.

2. How Cyber Insurance Protects Property Managers
Cyber insurance is an essential safeguard for property managers. It provides coverage for:

• Data Breach Response Costs: Covers legal fees, notification expenses, and credit monitoring for affected clients.
• Cyber Extortion & Ransomware Protection: Helps businesses recover from ransomware attacks.
• Fraud and Social Engineering Losses: Covers financial losses from fraudulent transactions.

Without proper cyber coverage, a single cyberattack could result in devastating financial and legal consequences.
3. Best Practices to Reduce Cyber Risk
To minimize cyber threats, property managers should implement strong cybersecurity measures, including:

• Use Multi-Factor Authentication (MFA): Adds an extra layer of security for logins.
• Conduct Regular Cybersecurity Training: Employees should learn to recognize phishing scams and other cyber threats.
• Encrypt Sensitive Data: Protects tenant and owner information from unauthorized access.
• Invest in Cyber Insurance: A comprehensive cyber policy ensures financial protection in case of an attack.

Final Thoughts
Cyber risks are a growing concern for property managers, but with the right protection in place, businesses can minimize their exposure. By securing Cyber Insurance and implementing best practices, property managers can safeguard their clients’ data and protect their reputation.
 

As a property manager in Texas, you face a variety of risks daily—from tenant disputes to property damage and liability claims. Without the right protection, these risks can lead to financial losses and legal complications. At Strive Insurance, we specialize in helping property managers secure the right insurance solutions to protect their businesses.
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Key Risks for Property Managers
Property managers must deal with:

• Tenant-caused damage – Unexpected repairs can become costly.
• Slip-and-fall incidents – Injuries on managed properties can lead to lawsuits.
• Natural disasters – Texas weather can be unpredictable, making property coverage essential.
• Contractor and vendor liability – Work done on your properties by third parties can create liability exposures.

Best Insurance Solutions for Property Managers
To protect your business, consider the following coverage options:

1. General Liability Insurance – Covers legal expenses from third-party claims related to injuries or property damage.
2. Commercial Property Insurance – Protects against damage to buildings, offices, and equipment.
3. Tenant Discrimination Insurance – Helps defend against claims of discrimination from tenants or prospective tenants.
4. Errors & Omissions (E&O) Insurance – Shields you from legal costs related to professional mistakes or contract disputes.
5. Umbrella Insurance – Provides extra protection beyond standard policy limits.

Why Choose Strive Insurance?

At Strive Insurance, we understand the unique challenges of property management and offer customized insurance solutions that fit your specific needs. Whether you manage residential properties, commercial buildings, or multi-family units, we’ll ensure you have the right coverage.

🔹 Get a free risk assessment today! Contact Strive Insurance to safeguard your property management business in Texas.
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