Liability Life Science Industry

OMNIRISKCoverage for North America

Relationships with each other and the environment

Life Science is one of the most dynamic and innovative industry sectors worldwide. As the companies within this broad sector race to develop, test, and market new drugs, devices, treatments, and so on, they also have to operate within an ever-shifting market environment. And, as with other industry segments, Life Science companies have their own specific needs, depending on whether they are a start-up with an innovative new idea or an established market leader with a roster of products in the market.

Our underwriting experts understand the needs and risks of this consistently growing industry segment. Drawing on their deep industry knowledge and expertise, they create insurance solutions tailored to the needs of individual companies and deliver the relevant services clients need at every stage of our partnership with them – from risk evaluation and risk engineering to claims handling.

Contacts

Joseph Barrantes
CEO, OMNIRISK Risk Management & Insurance Consulting
Email | Phone

Coverage

  • General and Product Liability Insurance
  • Insurance for Clinical Trials (stand-alone or in combination with general liability)
  • Product Recall and Product Tampering Insurance
  • Errors & Omissions Insurance
  • Environmental Insurance

Benefits and Services

Regardless of whether you operate regionally or globally, the benefits we offer include:

  • Fully-fledged strategy and insurance solutions for Life Science industry classes
  • Global interdisciplinary Life Science practice group with designated and experienced Life Science underwriters, casualty risk engineers and claims managers per region
  • A quick and efficient process for insuring clinical trials
  • Exceptional Claims Service: If something goes wrong, our dedicated Life Science claims professionals are ready to help. No matter where you work with us, you’ll experience the same uncompromisingly high level of service.
  • Global programs: Wherever your business operates, we’re ready to help. We’re one of the world’s largest providers of global commercial insurance programs with 30+ years of network management experience.

Client Profiles

  • Pharmaceutical Manufacturers (excl. large Pharma)
  • Biotechnology Manufacturers
  • Medical Device Manufacturers
  • In-Vitro Diagnostics Manufacturers (IVDs)
  • Clinical Research Organizations (CROs)
  • Life Science Contract Manufacturers and Service Providers
  • Dietary Supplements Manufacturers
  • Cosmetic Manufacturers
  • Dental equipment and Supplies Manufacturers
  • Analytical/Medical Laboratories
  • Manufacturers of veterinary medicated feeds, veterinary medicinal products and veterinary vaccines