- Over 10 years experience
- Extensive knowledge of this intricate sector
- We can address a variety of risk areas your business may face
We are the DNA of your insurance solution
As a Company within this sector you are vulnerable to many risks that may affect your business. Whether your focus is Research and Development supporting early stage drug discovery, API production, Biotech, Pharmaceutical, Medical Devices including invasive products, Medical Technology, Laboratory equipment and Instruments or a CRO, your Insurance requirements are bespoke.
At Mainstay we pride ourselves on having extensive knowledge of this intricate sector, having worked within Life Science Insurance for over 10 years.
We can address a variety of risk areas your business may face that would not ordinarily be covered under a standard off-the-shelf commercial combined policy, such as:
- Research and Development (Property, Income and Expenditure eg milestone payments)
- Condemnation of undamaged Stock
- Change in controlled environment
- Machinery Breakdown
- Professional Liabilities
- Intellectual Property
- Cyber and data risks
- Global Clinical Trials
We will work with you to understand the specific and unique risk aspects of your business, and negotiate the most competitive programme providing you with the broadest of coverage therefore giving you complete peace of mind that your bespoke insurance solution will evolve in line with your business.
We work with Insurers that have the capability and understanding to accommodate Life Science risk.
Watch our Life Science video to see how we can mitigate your risk.