Medmarc Life Sciences Insurance for the Medical Device

Request a quote from Medmarc, the superior provider of insurance coverage solutions for manufacturers and distributors of medical devices and life sciences.

Products Liability

Customized life sciences products liability insurance for manufacturers and distributors of medical technology products.

Clinical Trials

Products and completed operations insurance coverage for clinical trial stage life sciences companies and companies with new products in development.

Errors & Omissions

Coverage for economic injury tailored to the life sciences industry and covers the wide range of activities medical technology and pharmaceutical companies perform.

All Divisions

Products and programs offered by our parent company, ProAssurance, provide a single source of innovative healthcare liability insurance solutions to the life sciences companies we serve.

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.

Underwriting Experience

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.

Open-Broker Network

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.

Risk Evaluation

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.

Employee Training

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.

Claims Expertise

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.

Claims Resources

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.

Streamlined Reporting

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.

Medmarc is the leading expert in the products liability risks facing medical technology and life sciences companies.

Industry Specialists

Medical technology and life sciences companies are vulnerable to a variety of products liability risks that are unique to their industry. We understand these risks and specialize in providing insurance and risk management solutions designed to respond to the industry’s particular needs.

Created as the Industry Solution

Medmarc was founded by the industry in 1979. We are the permanent solution to the volatile products liability insurance market.

Aligned with the Industry

AdvaMed has selected Medmarc as its exclusive provider of risk management services for its members.

Medmarc is a member of ProAssurance Group

ProAssurance is an AM Best rated A (Excellent) specialty property and casualty and workers’ compensation insurance U.S. based carrier. Publicly traded on the New York Stock Exchange (NYSE:PRA), our specialty property and casualty insurance products primarily include professional liability insurance and liability insurance for medical technology and life sciences risks. Get more information about ProAssurance Group by visiting www.ProAssuranceGroup.com.

Medmarc is a part of ProAssurance Group, a family of specialty liability insurance companies. ProAssurance is committed to providing equal access to our products and services for individuals with disabilities. To the best of our resources, ProAssurance takes reasonable steps to design and develop our websites and other digital assets so that they are accessible to people with disabilities as well as those without disabilities.

If you cannot access content or use features on Medmarc’s website due to a disability, please email us at WebMarketingNotifications@medmarc.com or call us at 800-356-6886 so that we may provide prompt service.

To enable us to respond in a manner most helpful to you, please include all of the following:

The nature of your accessibility problem
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The web address of the requested material
Your contact information

Disclaimers/Terms and Conditions. This page sets forth the terms and conditions under which the Medmarc, consisting of Medmarc Casualty Insurance Company, ProAssurance Specialty Insurance and Hamilton Resources Corporation (collectively, “Medmarc”), provides the information on this website, as well as, the terms and conditions governing your use of this site. By making use of this website, you agree to be bound by the terms and conditions that appear here. The terms and conditions are subject to updating at any time without notice. If at any time you do not accept the terms and conditions, do not access the website or any of its pages.

Medmarc may terminate, change, suspend or discontinue any aspect of the website, including the availability of any features of the website, at any time. Changes to the terms and conditions take effect when posted to the website.

Accuracy of Information/Warranties. Information on this website is provided as is without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. The information presented herein is for informational purposes only, and no warranty is made that the information is complete, timely, reliable, suitable for your needs or free from errors, inaccuracies or typographical mistakes. Medmarc shall not be liable for any direct, indirect, special, incidental and/or consequential damages resulting from the use or misuse of this site or the information on this site.

Products and Services. None of the information contained in this website should be viewed as an offer to sell or as a solicitation to purchase any of Medmarc’s products or services. Rather, the information on Medmarc’s products and services is provided so that you can learn what products are available. Certain products may not be available in a particular state. Variations in state law regarding the interpretation of insurance policies may exist, and any statements of coverage scope or intent in this summary are general in nature and subject to change based upon such variations. Insurance coverage statements on this website are for general description purposes only. This website does not amend, modify or supplement any insurance policy. Consult the actual policy, your agent or contact us for the name of an agent who can supply you with details regarding terms, conditions, coverages, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to final determination of underwriting qualifications and acceptance for coverage by Medmarc.

This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any such policy. Whether coverage exists or does not exist for any particular claim or loss under any such policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Medmarc may make improvements and/or changes in the products, services and/or programs described on this site at any time without notice.

User ID/Password Use. While Medmarc cannot guarantee that information transmitted through the Internet is secure, Medmarc may require the use of available technologies or other precautions provided for your protection and/or require you to use a user id and passwords. If you have been assigned a user id and password for access to restricted sections of this site, you are responsible for all activities executed under your user id and are the only one who may use it. You are responsible for protecting your user id and password from disclosure to third parties, and you are not permitted to avoid the use of required encryption technologies. If your password becomes known to an unauthorized user or you suspect there has been unauthorized use of your password, contact us immediately. Should you ever forget your user id or password, please call us to have it reset and to validate your identity.

It is a violation of these terms and conditions for you to allow another person to use your user id and its associated password or use the user id and password assigned to another person. Attempting to gain access to resources for which you are not authorized is a serious breach of security.

Links to/from Medmarc’s Website. Medmarc may occasionally provide links to other Internet sites that it does not maintain. Other Internet sites may provide a link to Medmarc’s site. No inference should be made that a link to/from Medmarc’s site means that Medmarc sponsors or endorses the site or its materials or is a Medmarc affiliated company. Medmarc neither controls, reviews nor approves the content of non-Medmarc locations. Further, Medmarc makes no warranties or representations about the contents of or products/services offered on non-Medmarc sites. Questions about the content of those sites should be directed to such sites.

Medmarc does not warrant that its website or a hyperlinked website to/from Medmarc will operate error-free or is free from viruses, worms, trojan horses or other destructive or harmful code. It is your responsibility to ensure that you are adequately protected against computer viruses, worms, trojan horses, malicious codes and other items of a destructive nature. Medmarc shall not be liable for any direct, indirect, special, incidental and/or consequential damages resulting from the use or misuse of this site or the information on a hyperlinked site to/from Medmarc.

Laws and Regulations. Access to and use of this website are subject to applicable federal, state and local laws and regulations.

Use of Materials. Unless otherwise indicated, you may copy or print Medmarc’s materials from this site, provided use of the materials is limited solely to your noncommercial or personal use. If copying the materials, you must retain any and all proprietary or copyright notices. You may not copy, transmit, distribute, modify, publicly perform, reuse, sell or display any of the contents of this website for any public or commercial purpose except with the prior written consent of Medmarc or the owners of the materials.

Choice of Law/Entire Agreement/Severability. This Agreement shall be governed by the laws of the United States and of the Commonwealth of Virginia, without giving effect to its conflict of laws provisions. Should any of these terms and conditions be held invalid, that invalid provision shall be construed to be consistent with the applicable law and in a manner so as to remain consistent with Medmarc’s original intent. Provisions not otherwise held invalid shall remain in force. This Agreement constitutes the entire agreement between you and Medmarc with respect to your use of the website.

International Users. Medmarc controls and operates this website from offices within the United States of America. Medmarc makes no representation that materials at this website are appropriate or available for use at other locations outside of the United States or that access to their content from all territories is legal. You may not use the website or export the website materials in violation of U.S. export laws and regulations. If you access this website from locations outside of the United States, you are responsible for compliance with all local laws.

Professional Advice. The information provided on this site is distributed with the understanding that Medmarc is not providing professional advice of any type. If you have a question requiring professional advice, seek the advice of a qualified professional in the relevant field.

California Compliance. Medmarc, a Vermont domiciled company, holds a Certificate of Authority (#4513-8) in California. Medmarc Casualty Insurance Company, a Vermont domiciled company, holds a Certificate of Authority (#2327-5) in California. Hamilton Resources Corporation, a Delaware domiciled Company, is a non-resident insurance producer licensed ( #0B02531) in California and does business in California as The Medmarc Insurance Program.

Trademarks/Copyright. Trademarks, service marks, trade names, logos, URLs, domain names and icons (collectively, “Marks”) appearing on this site, whether registered or not, are owned by Medmarc, licensed for use to Medmarc or used with the consent of the owner. Nothing on this website grants you any right or license to use any of the Marks without the express written permission of Medmarc or the express written permission of third party owners of such Marks.

All of the information on this website, including but not limited to, images, text and graphics is copyrighted or proprietary information of Medmarc, licensed for use to Medmarc or used with the consent of the owner. Unauthorized use may violate copyright or other laws.

Medmarc^®and combinations of the foregoing are the registered trademarks of Medmarc and its affiliated companies. Unauthorized use may violate copyright, trademark and other laws.

Medmarc welcomes your comments and questions. Contact our office location or send us a message and we’ll make sure your correspondence is routed to the right person. The toll-free number is 800-356-6886.

Address

Medmarc
4795 Meadow Wood Lane, Suite 335 West
Chantilly, VA 20151-2219

Main phone and fax numbers

Phone: 703-652-1300
Toll Free: 800-356-6886
Fax: 703-652-1389

New business/General inquiries

Business Development and Marketing
Phone: 888-633-6272 (888-MEDMARC)

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