Medtech
Protecting your innovation
Medical technology companies face a unique blend of professional, product, and regulatory risk. From connected medical devices to diagnostic software, even a small error can have serious financial or patient-safety implications.
At Fairpoint , we help medtech firms secure specialized coverage that addresses both their technology exposure and their physical product risk. Whether you develop software for hospitals or manufacture devices for clinics, we ensure your insurance program responds to the full scope of your operations.
Why it matters
Medtech companies operate at the intersection of healthcare and technology, where both Tech E&O and General Liability exposures are significant. A coding error in a medical platform can lead to bodily injury claims, while a defective component can trigger costly recalls or liability actions.
Traditional insurance often fails to capture these overlapping risks. Fairpoint partners with insurers who understand the medtech landscape, offering combined solutions that integrate professional, product, and cyber coverageensuring seamless protection from R&D to commercialization.
Our approach
We work closely with medtech founders, manufacturers, and investors to identify emerging exposures and secure coverage with insurers experienced in the healthcare and life sciences sectors.
Our process includes:
Reviewing your contracts, supply chain, and regulatory obligations
Benchmarking wordings for tech, life sciences, and product risks
Coordinating with underwriters who understand the quickly evolving landscape
What policies do you need
Typical protection for medtech companies includes:
Technology Errors & Omissions for software or data-driven services
General Liability for bodily injury and property damage
Product Recall for device or manufacturing risks
Cyber Liability for patient data and connected systems