To discuss your Healthcare Products Insurance with one of our professional liability representatives today, call 905-886-5630 or toll free at 1-800-567-1279

Holman Insurance Brokers Ltd. offers a comprehensive range of flexible insurance policies specifically designed to meet the needs of Healthcare Products manufacturers. These products can be classified into three main categories:

1. Pharmaceuticals
2. Biotechnology
3. Medical Devices

Generally, the party involved in the development of the drug or medical device will typically not seek product liability insurance until they enter the Clinical Trials phase. Some companies conduct their own clinical trials while others hire a Contract Research Organization (CRO), to perform these trials on their behalf. Our insurers have developed a policy that is unique to these particular companies, as it encompasses the financial loss exposure in addition to the medical malpractice exposure that these companies face.

Holman Insurance Brokers Ltd. works with Insurers that understand the unique business challenges that all of these companies face and continually keeps abreast of trends and changes in this field, including changes in government regulations and the legal system, and adapts its policy to accommodate these changes.

Healthcare Products Policy Highlights:

• Limits of up to $5 million
  
• Worldwide coverage
  
• Coverage for Bodily Injury, Property Damage and Financial Loss arising from the Insured's products or operations
  
• Full Clinical Trials coverage, including Medical Malpractice and Errors and Omissions
  
• Coverage for liability arising from research and development including the sale or distribution of research work
  
• Coverage available for international clinical trials
  

Commercial General Liability and Commercial Property

Holman Insurance Brokers Ltd. can also provide Commercial General Liability coverage to complement the Healthcare Product Liability policies. This benefits our clients as they are able to insure the CGL, Property and the specialized liability covers with the same insurer. This eliminates potential gaps in coverage, claims disputes, and non-concurrent forms. Our Insurers policies are designed to fit together to give broad protection to our clients.