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8/10/2022

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Insurance For Medical Device Companies

 
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Your risks are constantly changing due to quick technology development, developing litigation concerns, a worldwide market, and rising product demand. We can better meet your specific needs thanks to our ground-breaking all-lines solution and expertise in risk engineering and claims.

Because medical technology is advancing so quickly, it is essential to insure your products and equipment against the hazards that they pose. We have been assisting businesses with obtaining distinctive product liability insurance coverage for more than ten years, and we can assist you.

You are subject to claims from third parties for bodily harm or damage to their property at any time because of your operations, your rendered operations (services), or your goods. This coverage covers, on your behalf, for the cost of defense and judgments that result from incidents that occur during your business (subject to policy terms and conditions).

Medical device product liability insurance is intended to assist your company in covering third-party claims of property damage or physical injury. You could be held accountable if a blood pressure cuff malfunctions and causes harm to someone or if an exam light malfunctions and causes a fire.
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Insurance for general and product liability insurance should be insured, in addition, we provide coverage for.
  • Inland Marine
  • Product Recall
  • Hired/Non-Owned Auto
  • Cyber Liability
  • Additional Insureds
  • Occurrence Limits
In the life sciences industry, we know you have to innovate to stay ahead. Companies in the industry compete and strive to be the first to develop new drugs, supplements, medical devices, and technologies that promote better health. Let us put together a specialized Life Sciences Insurance solution that minimizes loss potential and protect your bottom line.
 
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​Strive Insurance Group, Inc. | 701 N. Central Expressway Bldg 1|Richardson | Texas | 75080 | 866.538.8174
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