Medmarc History - Founded In 1979

Medmarc was founded in a response to a liability crisis in 1979 by 31 members of AdvaMed a trade association that leads the effort to advance medical technology in order to achieve healthier lives and healthier economies around the world.
At the time municipalities were pulling police cars off the street and closing playgrounds and swimming pools. The companies that were making medical equipment couldn’t find insurance either. Even a company that made a simple blood pressure cuff you see on the wall of every doctor’s office couldn’t find a million dollars in protection. So these companies formed Medmarc.
Since then we have gone on to insure over 1 trillion dollars in the global sales of medical technology and life sciences products. The legal concepts we used to defend our insureds were tested in the United States Supreme Court and prevailed. For over 40 years We have protected our insureds’ reputations and balance sheets. From surgical instruments to diagnostics, dental equipment to drugs, We insure products that have literally been out of this world… tested and used in space on the international space station.
Contact us at medmarc.com for all your insurance and risk management needs.