At Mainstay we pride ourselves on our extensive knowledge of this sector having worked within Life Science Insurance for over 10 years. For more information call Samantha on 03300 581651
The Life Science Industry is ever evolving. With innovation comes challenges, with the shifting legal and regulatory environment, managing pricing pressures whilst maintaining the focus on the end user; the patient. 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, a Research Organisation, Pharmaceutical manufacturing, state of the art Orthopaedic medical devices or supply chain management at any part of the life cycle, your Insurance requirements are bespoke.
It’s imperative that your Insurance is fit for purpose and gives you protection from the complex risks faced by your business. To do this, it is important to align your Company with an Insurance partner that has experience in your sector, can comprehend your business activities, understand your risks and provide innovative Insurance solutions today and for the future, we appreciate your business doesn’t stand still.
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 offered within a standard off the shelf commercial combined policy, for example:
· Research and Development (Property assets & Income eg Milestone payments)
· Condemnation of Stock
· Ideological Acts
· Intellectual Property
· Global Clinical Trials
· Professional Liabilities
We work with Insurers that have the capability and understanding to accommodate Life Science risk. We will work with you to identify any apprehensions you may have around Risk Management and develop and implement strategies. At Mainstay we will negotiate the most competitive programme providing you with the broadest of coverage, giving you complete peace of mind that your bespoke insurance solution will evolve in line with your business.
We are the DNA of your Insurance Solution…
We offer an individual, personal service and will be happy to provide an assessment of your insurance requirements. Call us on 01273 765725 or click on the right to send an email.