Hope this isn't too off topic.
I'm involved with a company that sells an OTC acne treatment and a couple cosmetics formulas we've developed, we don't manufacture anything ourselves and everything's made by our CMO.
We're still tiny but looking to get product liability insurance, our CMO is insured so not sure what's required.
Let me know if you know any good options. I did talk to Veracity and they quoted me $3500/year which frankly seems high for a small company grossing less than 200k/year.