Life Sciences Insurance

Life Science Insurance protects companies involved in the research and development of health, pharmaceutical and medical related products and services. Think MedTech insurance, pharmaceutical insurance or insurance for clinical trials.

Life science business may be complicated, and but depending on where you are in your development will determine your risk exposure and therefore the insurance covers appropriate to your business.

Appropriate Life Science Insurance is a modular programme that moves and grows as your business develops. That is why you need a Life Science Insurance broker that understands your business and the stages of growth, so you have a planned insurance programme that keeps pace.

A core set of tailored products would include professional Indemnity, Public and Employees Liability, Office and Contents Insurance, and possibly Product Liability.

You can then add on additional products to include:

• Product Liability Insurance.
• Medical Device Insurance.
• Clinical Trials Insurance.
• Medical Device Manufacturing and Distributor.
• R&D for Start-Up Organisations.
• Intellectual Property Insurance.

Jurisdictional issues can cause problems if your insurance covers are arranged on the incorrect basis.

Our Life Science brokers will work with you to understand your business and customers, the development cycle of your products and services, and your go to market strategy so your insurance programme is developed on the correct basis and responds when you need it.