Why do Manufacturers and Distributors of Dental Devices, Equipment, and Supplies need Products Liability Insurance?

As the sophistication and prevalence of dental products grow, so too does the device manufacturers' and distributors' exposure to products liability and manufacturer’s errors & omissions. According to Fitch Solutions’ Q3 2024 United States Medical Devices Report*, the dental products market is expected to grow 6.8% per year through 2028, a higher rate than in previous periods. This growth is due to increased access to dental care, new dental technologies, and strong domestic manufacturing of products such as drills, cements and implants, and general dental instruments.

Medmarc insures many of the largest manufacturers and distributors of dental products, some for longer than 20 years. Other insureds have annual sales $10 million and below. 

Medmarc offers superior Products Liability and Manufacturers E&O protection for manufacturers, contract manufacturers, and distributors through our suite of policy forms on either a primary or excess basis. Products Liability and E&O can be purchased separately or on a combined form. Whatever coverage type is selected, policyholders will get our dedicated claims handling in case they need it, and our risk management services from one of our staff attorneys who specialize in medical technology risks and exposures whenever they request it.

*(Q3 2024). BMI a FitchSolutions Company, United States Medical Devices Report, pg. 17.