We understand that businesses within life science face a rapidly evolving landscape with frequently changing regulatory requirements and a range of emerging risks.

INDUSTRY

Life Sciences

Managing risk to protect your innovations

Contact us

Flexible approach, local knowledge, and a global reach

We understand that businesses within life science face a rapidly evolving landscape with frequently changing regulatory requirements and a range of emerging risks.

We have an intense focus on client service and a real passion to challenge and explore every aspect of risk associated with your business. This gives you the assurance of having a program that is tailored to your unique requirements.

In a changing insurance market, as specialists, we challenge our clients with fresh thinking and work with them to develop quality risk profiles to present to underwriters for optimum outcomes.

Being the world’s largest privately-owned insurance broker, our clients benefit from the strong relationships Lockton has built with domestic and international providers.

Our own Global Healthcare Network, gives us powerful leverage within the marketplace to successfully deliver cost-effective, bespoke insurance programs for each client’s individual requirements; without jeopardising coverage.

A creative and expanding range of solutions

We understand that the life sciences industry is different and a customised program is crucial in protecting businesses involved in pharmaceutical, research and development, medical device manufacturing, and human clinical trials. When it comes to managing risk it’s the quality of our thinking and our proactive approach that makes us different.

We also recognise the executive risk challenges faced by boards across the spectrum of life sciences and pharmaceutical companies, particularly those listed on the ASX. Whether it be renewal of your D&O liability insurance, coverage for a forthcoming initial public offering or new capital raising, we will work closely with you to ensure your program reflects your own risk appetite at a competitive premium.

Lockton is a member of AusBiotech, the leading Australian industry body representing and advocating for organisations doing business in and with the global life sciences economy.

Aus Biotech logo

Products and Services

By understanding what you do and what your individual needs are, we ensure there are no coverage gaps or overlaps within your insurance program including:

  • Life Science Insurance 

  • Clinical Trials Insurance, along with the ability to deliver quick issuance of certification

  • Product Liability

  • Property and Business Interruption, including supply chain risk

  • Professional Indemnity 

  • Directors & Officers

  • Cyber

  • Other specialised life sciences services, such as:

    • product recall;

    • medical malpractice;

    • supply chain risk review;

    • marine cargo;

    • employee benefits; and

    • additional industry solutions.

An industry-leading team of experts focused on the unique risks facing the life sciences industry.

Key Contacts

Placeholder image

Robert Giardina

Manager - Global Professional & Financial Risks
robert.giardina@lockton.com
+61 455 129 332

Questions? We'll guide you in the right direction.

Ask us about our products, services or anything else on your mind. Our insurance and risk specialists are here to help.

Talk to our team
culture-quote-tiernan

Latest from Lockton

Understanding Catastrophe ModellingUnderstanding Catastrophe Modelling

Future shock in the boardroom: The evolution of corporate governance

Historically, boards were composed of directors selected through established networks, with decisions made through a clear chain of command.Historically, boards were composed of directors selected through established networks, with decisions made through a clear chain of command.

The Pafburn case: A turning point in project development

The Pafburn case marks a pivotal moment for developers and construction companies, highlighting the necessity for comprehensive Latent Defects Insurance. 
As NSW mandates LDI for certain projects, developers, owners, and investors must adapt to this new landscape by integrating LDI into their risk management strategies. 
Proactively addressing these changes can help safeguard investments and ensure long-term project viability in an increasingly complex regulatory environment.
Lockton’s LDI offering is complemented by our in-house team of specialist brokers who bring a wealth of expertise in placing large and complex LDI programs. With a global perspective, paired with a keen understanding of local requirements, we’re able to deliver tailored solutions that are both effective and commercially astute.
The Pafburn case marks a pivotal moment for developers and construction companies, highlighting the necessity for comprehensive Latent Defects Insurance. 
As NSW mandates LDI for certain projects, developers, owners, and investors must adapt to this new landscape by integrating LDI into their risk management strategies. 
Proactively addressing these changes can help safeguard investments and ensure long-term project viability in an increasingly complex regulatory environment.
Lockton’s LDI offering is complemented by our in-house team of specialist brokers who bring a wealth of expertise in placing large and complex LDI programs. With a global perspective, paired with a keen understanding of local requirements, we’re able to deliver tailored solutions that are both effective and commercially astute.

Mitigating Tariff Risk: What Trade Creditors Need to Know

Mitigating Tariff Risk: What Trade Creditors Need to KnowMitigating Tariff Risk: What Trade Creditors Need to Know
See all news and insights

With a global footprint of 135+ offices, there’s sure to be one near you.

Find an office
*135+ Lockton offices and partner offices worldwide
Lockton blue globe