Medical Technology Insurance
Medical Technology – An Evolving Medical Industry
As the healthcare sector rapidly innovates and embraces technology, our reliance on Medical Technology is at an all-time high – from basic software to medical screening and automated operating theatres.
As a specialist medical and healthcare liability Lloyd’s Broker, we have seen the Med-Tech space innovate from technology driven operating theatres carrying out open-heart surgery, to medical ‘Apps’ which identify medical symptoms.
As the sector and opportunities in Med-Tech are boundless – the risks for when things go wrong can also be boundless. To keep pace with the rapid speed of innovation in the medical sector, Servca actively work with global technology companies, developers and international research institutes, whilst sharing our knowledge and understanding at a number of events to improve our well-being and assist in the innovation of medical establishments in the emerging markets.
We offer global risk management advice and solutions to new and existing technology companies, ranging from:
- Cyber Security
- Loss of Data / Malfunction
- First and Third Party Losses
- Professional Liability
- Bodily Harm
As a pioneer in Medical Technology insurance, we work with technology companies and investors under strict Non-Disclosure Agreements in an advisory capacity to assist navigating through healthcare regulatory issues and risk transfer from the developers to the insurers to ensure the business model is risk-free to developers and investors alike.
Benefits of using Servca as your Medical Indemnity Provider
High Quality Cover and Service We develop bespoke insurance solutions for our clients that are cost-effective and offer cover to protect our clients' interests, backed by 'A' rated insurers.
Contract-Certain Cover Unlike other providers, a policy from us will always protect you from negligence, covering you for any claim made during the active time of coverage, giving you complete piece of mind and security.
Market Comparisons We speak to all possible medical malpractice insurers and arrange a variety of quotes for you to consider so that you have different options to choose from.
Bound by FCA regulations and Treating the Client Fairly Everything we advise, do and commit to is regulated by the FCA and we obliged to always look out for the best interests of our clients.
No Excess In the vast majority of cases, you will have no excess to pay in the event of a claim.
Specialist Medical Indemnity Broker As pioneers in the healthcare liability insurance sector, we offer all our valued clients unrivalled advice and access to the world's largest insurance market (Lloyd's of London). Our Managing Director is a Medical Professional, so we fully understand your needs and tailor policies to suit you.