Medmarc Insurance Group
Medmarc Insurance Group is a specialty liability insurance carrier founded in 1979 that underwrites products liability, clinical trials, and errors and omissions coverage for medical device manufacturers, distributors, and pharmaceutical companies across the product life cycle, operating as a member of ProAssurance Group.
- Company typePrivate
- Founded1979
- HeadquartersChantilly, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Medmarc Insurance Group does
Medmarc Insurance Group is a specialty liability insurance carrier founded in 1979 by the healthcare technology industry to provide products liability, clinical trials, and errors and omissions coverage to medical device manufacturers, distributors, and pharmaceutical companies. Headquartered in Chantilly, Virginia, the company operates exclusively in the life sciences vertical, insuring the full product lifecycle from prototype and clinical development through commercialization and post-market support. Its product portfolio includes customized products liability coverage, products and completed operations coverage for clinical trial-stage companies, errors and omissions coverage for economic injury, and a Non-US clinical trials offering for international operations; additional capacity is sourced through its parent ProAssurance and strategic alliance carriers in the U.S. and abroad.
The business is organized as a member of ProAssurance Group, and in 2026 The Doctors Company announced the acquisition of ProAssurance Corporation, placing Medmarc under a larger healthcare liability platform and as a member of TDC Specialty. Medmarc does not publish stand-alone financial results; its revenue flows through insurance premiums underwritten on an annual basis for enterprise life sciences clients. Distribution combines insurance brokers — supported by a dedicated broker resource portal — with a direct channel enabled by an online application and online claims reporting workflow. Marketing emphasizes regulatory expertise through a blog covering FDA guidance, clinical trial vendor risk, gene therapy, and emerging legislation, supported by LinkedIn, YouTube, and Twitter channels.
The underlying technology surface is conventional for a specialty carrier: no proprietary underwriting platform, AI components, or developer API is disclosed. The value proposition rests on domain expertise accumulated since 1979, broker channel relationships, and the ability to package liability coverage across the medical product life cycle. Pricing is quote-based and not publicly disclosed, with coverage customized to each insured's stage and product mix.
Medmarc Insurance Group firmographics
Firmographics- Name
- Medmarc Insurance Group
- Legal name
- Medmarc Insurance Group
- Website
- https://medmarc.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Medmarc Insurance Group is a specialty liability insurance carrier founded in 1979 that underwrites products liability, clinical trials, and errors and omissions coverage for medical device manufacturers, distributors, and pharmaceutical companies across the product life cycle, operating as a member of ProAssurance Group.
- Ownership category
- akta.pro rank
Medmarc Insurance Group industry classification
Industry- Product category
- Specialty Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Agencies and Brokerages (52421)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Product Liability & Recall (FSAJAGAG)
- akta.pro secondary industries
- Product Liability (FSAJADAC), Healthcare Professional Liability (Med Mal) (FSAJAGAE), Technology Errors & Omissions (Tech E&O) / Professional Liability (FSAJAOAC)
Keywords
Where Medmarc Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Chantilly
- HQ country
- United States
- HQ region
- North America
Markets served
Medmarc Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Revenue model
- Insurance Premiums: Medmarc generates revenue through insurance premiums for products liability, clinical trials, and errors & omissions coverage for life sciences and medical technology companies. Coverage is provided across the product lifecycle from development through commercialization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Customized Insurance Coverage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Medmarc Insurance Group product offering
Product offeringCore offering
Medmarc Insurance Group underwrites specialty liability insurance products for life sciences and medical technology companies. It offers products liability, clinical trials (including non-US trials), and errors & omissions coverages, supported by risk management services for the life sciences industry.
Product overview
Medmarc Insurance Group is a liability insurance provider specializing in the life sciences and medical technology industries. The company offers a portfolio of insurance products including Products Liability Insurance (customized coverage for medical device manufacturers and distributors), Clinical Trials Insurance (coverage for companies in clinical trial stages), and Errors & Omissions Insurance (economic injury coverage tailored to life sciences). The company also provides Non-US Clinical Trials Coverage for international operations and accesses additional products through its parent company ProAssurance. Founded in 1979 by the healthcare technology industry, Medmarc supports the development, testing, and delivery of medical products that save lives and improve quality of life.
Differentiator
Problem solved
Functional benefit
Companies that use Medmarc Insurance Group
Customer profileSegments3 records
Ideal customer profiles1 record
Medmarc Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Medmarc Insurance Group partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights5 records
Medmarc Insurance Group competitors and assessment
Company assessmentDirect peers
- Beazley: Beazley's Life Sciences division underwrites products liability, clinical trials, and E&O for medical device, biotech, and pharmaceutical companies — directly comparable to Medmarc's specialty life sciences liability book.
- Hiscox: Hiscox's specialty liability business includes products liability and professional liability coverage for life sciences and medical technology companies, overlapping with Medmarc's underwriting focus.
- Markel: Markel Specialty writes products liability and E&O for life sciences and medical technology companies through specialty underwriting teams, directly comparable to Medmarc's niche focus.
- Tokio Marine HCC: Tokio Marine HCC's specialty insurance group includes life sciences and medical device products liability and clinical trials coverage, placing it in direct competition with Medmarc.
- Allied World: Allied World underwrites specialty liability including life sciences products liability and healthcare E&O through its global specialty platform, competing with Medmarc for medtech and biotech clients.
Broad incumbents
- Travelers: Travelers' Life Sciences Practice offers products liability and clinical trials coverage for medical device and pharmaceutical manufacturers, overlapping with Medmarc's core underwriting appetite.
- AIG: AIG provides life sciences products liability and clinical trials coverage as part of its global specialty insurance portfolio, competing with Medmarc for medical device and biotech accounts.
- Chubb: Chubb's Global Life Sciences practice offers products liability, clinical trials, and E&O coverage for medical device and pharma manufacturers through a broad multinational P&C platform that overlaps with Medmarc's offerings.
Others
- The Doctors Company: The Doctors Company is the announced acquirer of ProAssurance (Medmarc's parent) and the largest physician-owned medical liability insurer in the U.S., providing healthcare liability capabilities that overlap with Medmarc's specialist offering.
- ProAssurance Group: Medmarc's direct parent company, ProAssurance Group is a family of specialty liability insurance companies that shares Medmarc's healthcare/medical technology orientation and provides cross-sell products to Medmarc's clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Medmarc Insurance Group social profiles
Digital presenceMedmarc Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medmarc Insurance Group leadership team
Management profileNumber of profiles
Profiles1 record
Medmarc Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medmarc Insurance Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medmarc Insurance Group
What does Medmarc Insurance Group do?
Medmarc Insurance Group underwrites specialty liability insurance products for life sciences and medical technology companies. It offers products liability, clinical trials (including non-US trials), and errors & omissions coverages, supported by risk management services for the life sciences industry.
Is Medmarc Insurance Group a public or private company?
Medmarc Insurance Group is a private company. It is classified as corporate owned and is currently operating.
When was Medmarc Insurance Group founded?
Medmarc Insurance Group was founded in 1979. It employs 501 to 1,000 people.
Where is Medmarc Insurance Group based?
Medmarc Insurance Group is headquartered in Chantilly, United States, in the North America region.
How does Medmarc Insurance Group make money?
One revenue line is on record: insurance Premiums.
Who are Medmarc Insurance Group's main competitors?
Direct peers on record are Beazley, Hiscox, Markel, Tokio Marine HCC and Allied World. Broad incumbents are Travelers, AIG and Chubb. Others are The Doctors Company and ProAssurance Group.
Does Medmarc Insurance Group have an API?
No public API is recorded for Medmarc Insurance Group.
What industry is Medmarc Insurance Group in?
Medmarc Insurance Group's product category is Specialty Insurance. Its primary akta.pro industry code is FSAJAGAG, Product Liability & Recall, with a secondary code of FSAJADAC, Product Liability. Its NAICS code is 52412 and its SIC code is 6331.