Product Liability Insurance
Discussion
One of my companies imports Deceased Patient / Coffin Handling Equipment from China, and then retails them into the UK, ROI and Channel funeral markets and has done for some considerable years. We have the usual combined insurances but with a Product Liability Insurance add on - in so far that should a product fail, and injure someone operating it, then we are covered.
The above is insured by a specialist funeral insurer.
The time is right to expand into the Living Patient / Disability Handling Equipment, but our existing broker is struggling to get their head around what I m wanting, given the end user will be living, and not deceased, so they have ruled themselves out owing to the niche of the existing business.
All products that come into the business are all CE and type approved. Target market will be B2B but not the NHS initially.
NewCo will be a separate entity - launch planned for 2026 Q4 with a further raft of products 2027 Q2.
Who do I need to be talking to, that could help us investigate our insurance options in this new space?
The above is insured by a specialist funeral insurer.
The time is right to expand into the Living Patient / Disability Handling Equipment, but our existing broker is struggling to get their head around what I m wanting, given the end user will be living, and not deceased, so they have ruled themselves out owing to the niche of the existing business.
All products that come into the business are all CE and type approved. Target market will be B2B but not the NHS initially.
NewCo will be a separate entity - launch planned for 2026 Q4 with a further raft of products 2027 Q2.
Who do I need to be talking to, that could help us investigate our insurance options in this new space?
Edited by ADJimbo on Friday 3rd July 16:34
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