Emerging Life Sciences Business (Edge)
Our Edge Business
Medmarc's product liability coverage form is designed to cater to the needs of medical technology and life sciences companies. Since our founding in 1979, Medmarc has insured hundreds of emerging growth companies, including first-in-human and start-up commercial enterprises.
Our Edge companies get the full benefit of our products and services, including:
- Risk Management: We help prevent or mitigate potential claims. Our insureds get the benefits of our services such as contract review, risk evaluation, employee training, and customized resources to help identify and prevent products liability exposures.
- Claims Management: In the event of a claim, our dedicated and expert claims team will work to protect our insureds' legal interests, reduce the costs of discovery and litigation, and ensure comprehensive support throughout the claims handling process.
- Worldwide Protection: Medmarc’s policy covers our insureds' products and work around the world, and we will defend wherever a claim is brought (subject to trade or other economic sanctions or embargos by the U.S.). We also provide access to admitted insurance for clinical trials outside the U.S. in compliance with local requirements.
- Clinical Trials: Clinical trial coverage is automatically included under our policy. A one-time, flat charge applies even if there is an increase in the number of test subjects or additional trials that start during the policy period.
Partner with us to leverage these opportunities and drive your business growth.
Eligible Products
Products in the categories of:
- Medical Device Companies
- Medical Electronic Instruments
- Durable Medical Equipment
- Clinical Laboratory Products
- In Vitro Diagnostics (IVDs)
- Drugs & Biologics
- Animal Health Products
- Dental Equipment & Supplies
- Consumer Health Products
For a full list of eligible products click button below.