The medical and hi-tech sectors use sophisticated tools that perform essential functions and can be extremely expensive to repair or replace. Insuring medical and hi-tech equipment requires specific expertise and J Bennett & Son are very experienced as brokers in this area. Over the years, we have collaborated closely with leading specialist insurers, which has enabled us to offer a wide range of focused and comprehensive policies to our customers.
We are able to provide excellent levels of cover for the manufacture, sale and supply of a wide range of different assets including:
- Hardware and software
- Medical products and services
- Electrical components
- Electronic instrumentation
- Telecommunications equipment
- Laser technology
- Computer controlled machinery
- Robotics, photonics and optics equipment
- Cable TV and communications network
- Diagnostic equipment
- R&D costs
- Prosthetics development and production
The knowledge we have gained in these sectors, coupled with our proactive working relationships with insurers that fully understand the issues involved, means that we can provide the kind of cover that is accurately tailored to the client’s specific situation and requirements. This includes covering risks that are frequently excluded from similar policies, such as efficacy (loss or damage if a product fails to perform its intended function), professional indemnity, financial loss, products liability and North American exposure.
As independent brokers, we ensure that clients with difficult categories of risk achieve the best protection available. Medical and hi-tech sectors have particular demands and pressures that need to be understood and met through consultation and well structured insurance solutions.