Insurance Solutions for Medical Device Manufacturers Association Members

The future seems unlimited for the medical device industry with its rapid technological advances, global marketplace and increasing demand. New forms of imaging, minimally invasive surgical procedures, and other medical advances offer vast profit potential. But with this financial potential comes with increased risk to your company.

With this in mind, MDMA has named Chubb the preferred provider for a broad array of insurance solutions for its members, because of its proven track record of providing customized insurance and loss prevention programs to the dynamic and rapidly growing medical device industry.

Medical device manufacturers like you require insurance from a carrier that understands your unique and evolving risk management and insurance needs such as:

  • Clinical trials liability
  • Commercial auto
  • Crime
  • Cyber and data security insurance
  • Directors & officers (D&O) liability
  • Employed lawyers professional liability
  • Employment practices liability
  • Products and services errors and omissions (E&O) liability
  • Fiduciary liability
  • Foreign property and liability (when underwritten in the United States)
  • Kidnap/ransom and extortion
  • Products liability
  • Property/machinery breakdown
  • Workers compensation
  • Workplace violence expense
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MDMA members can qualify for a premium discount of 10% on Chubb’s clinical trials liability, errors and omissions, and products liability.