Medical Device & Pharmaceutical Company Professional Liability

Novus has been a go to wholesale and market for medical device and pharmaceutical companies’ errors & omissions as we have several brokerage markets as well as an in-house facility to easily place your medical and pharmaceutical focused clients. To obtain a quote, please log into the underwriting platform and upload a full submissions and one of our in-house underwriters will facilitate the quoting process.

Register Here To Become Appointed Wholesale Broker Access

Available Class Codes:

  • Pharmaceutical Companies
  • Anesthetic Technology
  • Analytical Equipment
  • Cardio-Vascular
  • Dental
  • Drug Delivery Systems
  • E-Health
  • Hardware and Ambulatory
  • Implantable Devices
  • Infection Control
  • In-vitro diagnostics
  • Medical Imaging
  • Mobility
  • Neurology
  • Ophthalmic
  • Orthopedic devices
  • Radiotherapy
  • Surgical Devices
  • Wound Care

Available Coverages:

  • Professional Liability
  • Breach of Contract Liability
  • Invasion of Privacy
  • Content Liability
  • Cyber and Privacy
  • Media Liability
  • System Business Interruption
  • Privacy Liability
  • Privacy breach Notification costs
  • Breach of Contract
  • Intellectual Property Rights Infringement
  • Payment of Withheld Fees
  • Virus and Hacking Attach liability
  • Commercial Packages available
  • General Liability and Property Endorsements available
  • Workers Compensation
  • Other Coverages available!

Geographical Area: Nationwide

Submission Requirements: Medical Device/Pharmaceutical PL Application; Loss Runs.

Placement Process: For Larger Firms, we will look to place a primary layer policy on a quota share basis and then look for excess layers to the request top limit needed.

Minimum Premium: $500+

Minimum Deductible: $1,000+

Maximum Limit of Liability: $100,000,000 (can be increased on a case-by-case basis)

Submission Process: Via online quoting platform or [email protected]

London Submissions: To access the International London market for larger submissions and on a quota share basis, please submit to [email protected]