Life Sciences

LIFE SCIENCE INSURANCE & PHARMACEUTICALS INSURANCE

With the life science industry in mind, Rowlands & Hames have access to those insurers with experience and appetite in the sector, with cover to satisfy the constantly changing needs of life science clients.

What do we mean by Life Sciences?

Biotechnology - through the use of bio-science and technology, these companies develop and supply products and services, having a therapeutic benefit for use in medical, pharmaceutical and other process technologies.

Medial Device and Equipment - including diagnostic, imaging, monitoring, therapeutic, surgical implants and prostheses. Also including testing, processing, research and clinical laboratory equipment and software.

Pharmaceuticals

Product Development Organisations - including Contract Research Organisations (CRO), Site Management Organisations (SMO) and Contract Manufacturing Organisations (CMO)

Neutraceuticals - including minerals, herbal and other medical foods and products that have a therapeutic benefit.

Veterinary Products - intended for the medical treatment of animals.

Key Exposures

R&D expenses, income coverage and committed costs

Clean Rooms/Controlled Environments

Contamination Coverage

Failure to Perform/Efficacy

Multinational Exposures

Clinical Trials (including Global if required)

Supply Chain Dependency

Punitive Costs for the USA & Canada

Undamaged Stock extension

Errors and Omissions

Products Liability

For more information contact John Isles ACII on 01253 598953 or email john@rowlands-hames.co.uk