For insurance buyers, insurance agents and insurance wholesalers!For insurance buyers, insurance agents and insurance wholesalers!
Professional Program Insurance Brokerage®
Contact Us
contact_phone Click to call
Professional Program Insurance Brokerage®
Contact Us
contact_phone Click to call

Medical Devices Insurance

Professional Program Insurance Brokerage (PPIB) offers: Medical Devices Insurance.

If you’re looking to place accounts in the medical device sector, Professional Program Insurance Brokerage (PPIB) provides a flexible and comprehensive Medical Devices Insurance program designed for a wide range of clients. As an established Excess & Surplus Lines Broker, PPIB offers customized solutions for hard-to-place and niche risks in the healthcare and medical technology industries.

Overview of the Program from PPIB

PPIB’s Medical Devices Insurance program is tailored for businesses involved in the design, manufacturing, distribution, and sale of minimally invasive medical devices. This includes companies conducting clinical trials, engaging in research and development, or importing products for use in hospitals and healthcare facilities. Whether your client is a startup or an established distributor, PPIB offers access to specialized coverage that addresses the complex liability exposures of the medical device space.

Ideal Accounts and Appetite

This program is designed for a wide variety of medical device-related risks, including:
  • Manufacturers of minimally invasive medical devices
  • Distributors and importers of medical equipment and components
  • Companies involved in clinical trials or R&D for new devices
  • Firms selling directly to hospitals, clinics, or healthcare providers
You might have a client launching a new line of diagnostic tools or a wholesaler importing surgical instruments—both would be strong candidates for this program.

Coverage Highlights and Advantages

  • Products Liability coverage with optional inclusion or exclusion of General Liability
  • Worldwide coverage available for international exposures
  • Customizable policy terms based on the risk profile and distribution model
  • Competitive terms for both new ventures and established operations
This program is especially beneficial for accounts that may not be eligible for admitted markets due to the nature of their operations or emerging technologies.

Underwriting Notes and Minimum Premiums

While minimum premium requirements vary by risk, PPIB evaluates each submission individually, offering tailored solutions for qualified accounts. As a wholesale broker operating in the excess and surplus lines space, PPIB is well-positioned to accommodate unique or emerging risks that fall outside standard underwriting boxes.

Territories and Availability

This non-admitted program is available in most U.S. states, including but not limited to CA, NY, FL, TX, IL, and WA. Coverage is offered in all states except where prohibited, and includes Washington D.C.

Why Work With PPIB?

With decades of experience in placing specialty insurance programs, PPIB brings deep industry knowledge and responsive service to every submission. The firm understands the nuances of the medical device industry and works closely with brokers to craft coverage that addresses both product and professional liability concerns.

Contact Professional Program Insurance Brokerage (PPIB) today to learn how their Medical Devices Insurance program can help you protect your clients in this evolving and high-stakes sector.

Frequently Asked Questions

What types of accounts are a good fit for this program?

This program is ideal for manufacturers, distributors, importers, and developers of minimally invasive medical devices, especially those selling to hospitals or healthcare providers.

Can startups or companies in early development stages qualify?

Yes, PPIB considers early-stage companies, including those involved in research, development, and clinical trials, as long as they meet underwriting criteria.

Is General Liability automatically included in the policy?

General Liability can be included or excluded depending on the specific needs of the risk. PPIB works with you to structure the policy accordingly.

Is this program available in all states?

The program is available in most U.S. states and Washington D.C., on a non-admitted basis. Some state restrictions may apply.

Does the program offer international coverage?

Yes, worldwide coverage is available for eligible risks with international exposures.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Excess & Surplus Lines Broker
  • Admitted:
    No States
  • Carriers:
  • Carrier Ratings:
    -
  • Commission:
    -
  • Min Premium:
    -

Browse

Request a Quote Now!

CONTACT INFORMATION

LOCATION

There are no locations attached to this storefront.
CompleteMarkets is The Insurance Industry's Professional Network
Please Register for FREE or Sign In to contact
Not an Insurance Agent? No problem, we help hundreds of people find the right agent/advisor every day!
Visit our dedicated Insurance Consumer section and we will recommend the right agent for your specific needs.
Professional Program Insurance Brokerage® has other insurance programs like Allied Health Insurance.