Medical Technology Insurance

Directors and Officers of the company can be personally held responsible for the decisions they make on a daily basis. 

Common risks include data protection regulations violations steming as a result of a cyber-attack, as well as the issues that can come with working in an essential industry.

Covering your lost revenue when you are unable to operate can make a considerable difference, especially when serious damage caused by an insured peril has occurred that prevents you from opening. If you’re unable to open as a result of certain unforeseen conditions, which can include fires and flood damage, this can help cover the lost revenue as a result.

For all workers, you will require employers liability insurance, even for part-time, temporary or contract staff. This can assist in covering the costs related to an employee being injured while working for you and any subsequent legal action that may be taken as a result.

If the products you produce cause injury or death then product liability insurance can help to cover the costs involved with settling a legal case as a result. If you produce medical devices then this can be essential.