Our sectors • Medical gadget insurance

MedTech Insurance

Do you operate in life sciences, telehealth  or the wider healthcare space?

Our in-house experts can create tailored insurance solutions to protect your assets.

Understanding MedTech from the ground up

It’s no surprise that HealthCare is digitising.  Devices and gadgets have flowed into health-care professionals’ and patients’ hands over the years.

Insulin Pumps are just one example where medical devices are omnipresent and increasing in cost. It’s not uncommon to spend or be given a pump by the NHS that can cost around £3,000.

At SPB our mission has always been to offer solutions where we can truly support patients and medical professionals. We do this by protecting expensive devices with class leading insurance solutions which reassure individuals that an essential part of their life is protected.

SPB expertise is supported by the Coverme4 brand, pioneering the Insulin Pump insurance market. The result saw us establish a strong position to support patients of diabetes and the protection of their devices.

Our Expertise

Fast Claims resolutions

Straight-Forward Cover

No Hidden excesses

Competitve premiums


Tailor made propositions

Whatever type of medical technology insurance solution you need, we have the expertise and processes to support you in the roll out of your new proposition. We help to maximise your income and improve customer experience.

Policy & Claims Administration

Our team, bespoke systems and processes effectively support different policy schemes and claims. This ensures we deliver a truly exceptional service for the end user of the insurance policy at each step of the customer lifecycle.

"When you develop a medical insurance product it’s paramount to deliver the highest levels of service. It’s with no small measure of pride that we deliver 97% claims* approval rating for our Insulin Pump Insurance."
Director of Product Governance, SPB UK & Ireland

The CoverMe4 brand occupies an enviable position within the Insulin Pump insurance space.  Offering class-leading insurance within this niche means our customers can be fully reassured. If an insulin pump needs replacing, this will be done with no quibble or excess to pay.

Coverme4 Insulin Pump Insurance