Commercial insurance

Medical technology (medtech) insurance

Cover for UK medical device and medtech companies — from diagnostics and instruments to imaging, wearables and implantable devices.

Part of: Commercial insurance at Apex

In short

Medtech companies need product liability for the devices they make or distribute, professional indemnity for advice, design and software, clinical trials cover where they run studies, plus the usual property, employers’ and public liability and cyber. Apex arranges it for diagnostics, instruments, imaging and monitoring, wearables, and Class I–III device makers, including exports.

Talk to a specialist broker

Tell us what your device does and which markets you sell into and we’ll approach medtech insurers. Get a commercial quote → or call 0117 325 0027.

Companies we place

Diagnostic kits, reagents and specialist laboratories
Surgical, therapeutic and dental instruments
Imaging, monitoring and wearable devices
Software as a medical device (SaMD) and digital health
Reusable and single-use devices
Implantable devices (active and passive)
Hospital and veterinary equipment
Contract research organisations (CROs) and device distributors

What the cover usually includes

Product liability — injury or damage caused by the device, including US/Canada export where needed
Professional indemnity — design, advice, software and consultancy errors
Clinical trials liability — where you run human trials
Product recall and financial loss extensions
Employers’, public liability and property for premises and staff
Cyber — connected devices, patient data and business interruption

Why use a specialist broker

Apex is a directly FCA-authorised independent broker with access to 30+ insurer markets, including Lloyd’s through wholesale. You get a named broker who presents your risk properly to insurers who actively want it, rather than a portal that pushes one product. We handle the claim with you if one happens.

Frequently asked

What insurance does a medical device company need?

The core covers are product liability (for harm the device could cause), professional indemnity (for design, advice and software), and cyber for connected devices and patient data — plus employers’ and public liability and property. Companies running studies also need clinical trials cover, and exporters to the US/Canada need that territory built in.

Do you cover software as a medical device (SaMD) and digital health?

Yes. SaMD and digital-health products sit across professional indemnity, product liability and cyber; the programme is structured so a claim doesn’t fall between those policies.

Can you cover exports to the US and clinical trials?

Yes — US/Canada jurisdiction can be added to product liability, and clinical trials liability is arranged for companies running human studies, underwritten on the protocol and territory.

Talk to us about cover

Tell us about the risk and we’ll look for suitable cover, subject to the insurer’s acceptance and the policy terms. Or call 0117 325 0027.

Get a quote Call 0117 325 0027

Apex Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales, company number 07014570. This page is general information, not advice on your individual circumstances, and it does not guarantee that cover will be available or on what terms. Any cover is subject to the insurer’s acceptance and the full policy terms.