We understand that businesses in the Life Science insurance industry face a rapidly growing landscape, forever changing regulatory requirements and a range or emerging risks.

PRODUCTS AND SERVICES

Life Sciences

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Your specialist broker for an emerging landscape

The life sciences industry is evolving fast and becoming the largest and fastest growing sector in the world.

Every business involved in life science is continually facing changing regulatory requirements, as well as increasing pressure and expectations from clients. The sector itself is exposed to a wide range of emerging risks making it incredibly unique and impacted by change.

That’s why bespoke insurance is critical in protecting your organisation, whether you are involved in research and development, medical devices manufacturing, pharmaceuticals, or nutraceuticals and clinical trials.

We understand the full lifecycle of every business, no matter if you are a start-up or an IPO. We work with businesses to advise and assess their every need. So, if you need cover for something at R&D stage, such as early stage testing in clinical trials or even intellectual properly for a new patented product you are putting out to market – we can support you.

Who we work with

We work with the following industries in the sector but are not limited to:

  • Biotechnology 

  • Clinical Trials

  • Dental product manufacturers

  • E-Health and Health Technology

  • Health & Beauty 

  • Importers / wholesalers / distributors

  • Medical devices – invasive and non-invasive (including implants) 

  • Nutraceutical companies

  • Pharmaceutical manufacturers and distributors

  • Responsible Person organizations

  • Research and experimental development companies

  • Service organizations, e.g. contract manufacturers, contract research, site management, analytical and testing laboratories

  • Veterinary drug manufacturers and distributors

What we offer

  • Employers Liability

  • Public Liability & Products Liability

  • Management Liability

  • Professional Indemnity Insurance

  • Cyber Liability

  • Intellectual Property

  • Clinical Trials Cover 

  • Property, Business Interruption

  • Product Recall 

How we can help

Because the life science industry is growing exponentially, we offer policies that are able to grow with you. With solutions for the whole life cycle of a business, from new start up R&D to an established company worldwide – we have you covered.

Here at Lockton, we have a team dedicated to life sciences.

We understand everyone is different, which is why we review each business individually. This allows us to identify and help you mitigate the risks you may face in the future. And also helps us create a tailored insurance solution that is unique to you and offers the correct protection for your business at affordable rates backed up by year-round support.

Not only do our policies provide the full suite of enhanced insurances, but our own legal expert will review your terms of engagement and assist when entering any client contract. We can review the terms and advise you accordingly from an insurance point of view.

Life Sciences Insurance Team

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Darci Edwards

Business Executive of Life Sciences
darci.edwards@lockton.com
+44 1179 065 016

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James Page

Senior Vice President
james.page@lockton.com

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Freddy Drummond-Brady

Vice President
freddy.drummond-brady@lockton.com

Lockton Life Sciences

The life sciences industry is evolving fast. Businesses in this growing industry are facing ever-changing regulatory requirements and a wide range of emerging risks.

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We're here to help

If you'd like to discuss your insurance requirements, use the contact form on the link below and we'll get in touch as soon as we can.

Talk to our team