Med-Tech Innovation January 25, 2022
Mark Lowther

Mark Lowther, head of financial lines and tech sector sales at UK insurer, Markel UK, outlines the risk challenges faced by many medical tech firms and some of the solutions available to help.

Starting any business comes with risk. However, for medtech companies those risks can be significantly different from mainstream organisations due to the specialist nature of the services they provide, and the rapid growth firms can experience.

The diverse and highly technical nature of medical technology firms means insurers will always seek a thorough understanding of the customer they are looking to put on cover. This is often where the role of the broker is so important, but it can also help if the customer...

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