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Home > Property Insurance Coverage > Home Owners Insurance > Medmarc Insurance Group
Medmarc Insurance Group
The Medmarc Insurance Group consists of four business units two property and casualty insurance companies, a surplus lines insurance company and a service firm. The insurers are rated A by the A.M. Best Company.
Medmarc Mutual Insurance Company was founded in 1979 by the medical technology industry for the express purpose of providing stable and predictable products liability insurance. The Company operates exclusively as a reinsurer of primary insurance company partners in national programs.
Medmarc Casualty Insurance Company was acquired in 1995 and recapitalized. It is an admitted insurance company in 50 states and the District of Columbia. Noetic Specialty Insurance Company was acquired in 2001. It is an authorized surplus lines insurance carrier in 48 states and the District of Columbia.
Medmarc Casualty and Noetic market commercial general liability and products liability insurance protection to life sciences technology companies through independent brokers. Through a strategic alliance with The Hartford, Medmarc is able to offer Life Sciences Technology companies a one-stop source for Directors and Officers Liability and General Business insurance. Medmarc Casualty and Noetic also have contractual relationships with selected general agents that develop insurance programs for targeted policyholder groups. Hamilton Resources Corporation is a management services and insurance brokerage company that supports the insurance and reinsurance activities of the Medmarc Insurance Group.
Medmarc is the life sciences technology industry's insurance and risk management specialist. Through its wholly-owned subsidiary, Medmarc Casualty, and a strategic alliance with The Hartford, Medmarc is the one stop source for life sciences technology companies' property and liability protection needs.
Medmarc's success depends on the quality and value they give their insured’s. They offer fast, courteous and knowledgeable claims handling. Their commitment, philosophy and standards attest to Medmarc's claims management expertise. Loss prevention requires defined tools and training. Medmarc's array of products and specialized risk management professionals are available to help policyholders achieve a strong front line defense. From initial product introductions to building/maintaining a desired market presence, Medmarc's loss prevention services described below, are an important strategic corporate asset.
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