Life sciences insurance can benefit companies involved in developing or selling: Medical and botanical products Pharmaceutical preparations Biological products Surgical and appliance supplies Dental equipment and supplies X-ray apparatuses and tubes Electromedical equipment Ophthalmic goods

Clients may be contractually liable for financial injury to third parties resulting from a defect, error, or omission in their product or service. This is covered under our professional indemnity section. Our policy offers clear coverage, with products liability covering bodily injury and property damage for both products and services. Additionally, professional indemnity addresses financial Read more about Why might clients need cover for financial loss related to their products?[…]

Companies engaged in life sciences activities typically consider a range of coverages, including property, general liability, auto, and umbrella insurance.

The life science industry faces unique risks and challenges. Specialised coverages are essential to protect companies against risks that could affect their ability to bring products to market. Additionally, life sciences companies often have international exposures that must be managed effectively.

Insurance for life sciences companies includes products and services designed to address the specific risk management needs of organizations involved in life sciences-related activities. These activities can include laboratory or animal research, pharmaceutical development and manufacturing, medical device production, and the distribution and wholesale of drugs or devices.