Russell Bond & Co., Inc. October 2018  
 
Medical Devices
 
The manufacture and sale of medical devices is a huge responsibility with companies facing a complex set of risks such as injury to a user, product failure or the potential for patent litigation.  Our policy offers individual insuring clauses for the wide range of exposures these companies face, all in one easy-to-understand policy.  Features include:
 
Products Liability: Bodily injury and efficacy are exposures covered under this insuring clause as they are of the utmost importance to any company operating in this area.

Professional Indemnity:  This insuring clause provides coverage for negligent acts, errors or omissions, including costs and expenses incurred in the client's defense.  Also included are costs associated with the failure to fulfill any contractual obligations.

Public Liability:  Key to any business in their dealings with clients and members of the public.  Protects against legal expenses and compensation claims made by external individuals.

Clinical Trials:  The clinical trial phase is considered the most important part of the research and development process and the success of this is paramount to a sponsor company.  This policy provides protection with ancillary costs and expenses in the event of injury to a research subject during the course of the trial

Business Interruption:  It's not always possible to foresee where the next business interruption will come from, so coverage is offered on a "flexible first loss" basis, which means whatever type of business interruption loss is suffered, only one sum insured needs to be purchased.
 
Medical Devices
Additional Coverage Supplements:  Coverage for contamination, machinery breakdown, spoilage of perishable stock, ideologically motivated attacks, IP infringement, Cyber / Privacy and Product Recall are all available on request. 
   
Call us for more information:  800-333-7226
 
Tonya Hollederer Ed Chadwick Jackie Oddo
Tonya Hollederer, ext. 133
Team Leader
thollederer@RussellBond.com
Ed Chadwick, ext. 261
echadwick@RussellBond.com
Jackie Oddo, ext. 161
joddo@RussellBond.com
     
A Wholesale Insurance Broker Unlike Any Other TM
 
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  866 Ellicott Square Bldg.  |  295 Main Street  |  Buffalo  |  NY  |  14203
1670 Whitehorse - Hamilton Square Road  |  Hamilton  |  NJ  |  08690
Hampton Ponds Plaza # 12 |  1029 North Road  |  Westfield  |  MA  |  01085
800.333.7226  |  www.RussellBond.com  |  Fax: 800.677.6779
 
     
68 Years
1950 - 2018
Trusted since 1950
  Proudly 100% employee owned since 2018  M0313