Pharmacy Insurance | BBi Ireland

Running a pharmacy means providing vital healthcare services to your community, but it also comes with unique challenges and risks such as dispensing errors, to protecting your premises, stock, and equipment. Whether you manage an independent pharmacy or a larger chain, we can arrange the protection you need to keep your business running smoothly and your customers well cared for.

Pharmacy Insurance | BBi Ireland

Running a pharmacy means providing vital healthcare services to your community, but it also comes with unique challenges and risks such as dispensing errors, to protecting your premises, stock, and equipment. Whether you manage an independent pharmacy or a larger chain, we can arrange the protection you need to keep your business running smoothly and your customers well cared for.

What is Pharmacy Insurance?

Pharmacy and Pharmacists Insurance offers tailored cover for the unique needs of pharmacies, including Professional Indemnity Insurance to protect against claims of malpractice, as well as cover for buildings, contents, and various business risks.

This type of insurance ensures pharmacies are protected against legal, property, and operational risks, helping to maintain smooth business operations and financial security.

Why Choose BBi as a Broker Partner

Our Heritage

BBi Ireland have the industry knowledge, insurance experience and ease of access to new and exciting markets.

Dedicated Account Manager

We have specific service level agreements with insurer partners, ensuring our clients get a great service.

In-house Claims Team

BBi Ireland has an experienced team of professionals looking after your needs when you need us the most.

35+ years’ experience

With up-to-date knowledge of the latest legislation and health and safety issues faced by companies across Ireland.

Flexible Cover

Our cover and payment methods are flexible so you can choose the option that suits your business needs.

One Stop Shop

We can arrange cover for a wide range of business and personal insurance requirements.

What Can Pharmacy Insurance Cover?

Cyber Insurance

Cyber insurance is essential for pharmacies handling sensitive patient data. It covers financial losses from cyberattacks, data breaches, or systems failures, including costs associated with recovery, legal fees, and customer notifications.

Management Liability Insurance

Protects your pharmacy’s directors and management team from personal liabilities arising from their roles in running the business. This could include claims related to wrongful acts, mismanagement, or failure to comply with regulations.

Fleet Insurance

Fleet insurance covers all vehicles used in your pharmacy’s operations, such as delivery vans or company cars.

Pharmacy Indemnity Insurance

A tailored form of professional indemnity insurance for pharmacies, covering errors, omissions, or negligent acts in the professional services you provide, including advice, prescriptions, and treatments.

Employers Liability

This insurance covers your pharmacy against claims from employees who suffer injuries or illnesses as a result of their work. It helps protect your business from costly compensation claims and legal fees.

Professional Indemnity

Protects against legal claims for professional negligence or mistakes made during the provision of services, such as dispensing errors or advice that leads to patient harm. Ensures the integrity and financial security of your business against claims.

Get protected today

At BBi Ireland, our team are dedicated to finding the right cover for your pharmacy. Email us, give us a call, or visit our Cavan office to discuss your requirements.

Frequently Asked Questions

It’s important to get the right Pharmacy Insurance for your business. To help you do that, here are our frequently asked questions about Pharmacy Insurance. If you’d like some independent advice, please call us on +353 49 433 1038, and the team will be happy to help.

For pharmacies, standard business insurance is often not enough to cover your unique risks. Instead, discover tailored cover that spans a wide range of unique risks specific to your industry.

Contact our team to discuss your specific needs today.

During the consultation phase, we’ll clearly outline what’s included, and what’s excluded, with your tailored coverage.

Pharmacy Indemnity Insurance, also known as Pharmacy Professional Indemnity, is designed to protect pharmacists and pharmacy owners from claims, investigations, and subsequent proceedings filed by patients or other third parties who allege harm or loss as a consequence of an improper service, product, advice, or counsel you have provided them with.

Simply put, it covers claims arising from your conduct and duty of care, such as a dispensing error.

Pharmacy Indemnity Insurance is still applicable for any products or advice you provide for customers, clients, or others, even if this is provided for free, as you could still be liable for claims for incorrect advice.

The two main policies we offer for pharmacies are designed to protect you and give peace of mind by defending you and your business against unexpected mishaps – everything from damage to your premises and injuries to staff or customers, to claims made against any advice you give and prescriptions you fulfil.

It can help you to get back up and running quickly if your pharmacy premises are damaged or even destroyed by a serious incident like fire or flood ‒ and even help replace any income you lose out on while getting everything back to normal.

Contact Our Pharmacy Insurance Team For More Information

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