Insurance Industry:

Life Sciences

From clinical trials through delivery, the Life Sciences industry faces a diverse and complex range of risk exposures. Sompo International’s Life Sciences team has the deep industry knowledge and technical expertise necessary to service the specialized insurance needs of clients in this dynamic sector.

Our Life Sciences Offerings

Product & Clinical Trial Liability

Coverage for pharmaceutical and life sciences companies, biotechnology businesses, and clinical research organizations involved in clinical trials and product testing.

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Environmental

Tailored insurance coverage to protect against significant environmental risk exposures facing life sciences companies in the U.S. that engage in the research, development or production of pharmaceuticals, medical devices and biotechnology.

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Primary Casualty

Comprehensive primary coverage including general liability offered worldwide and workers compensation and commercial automobile coverage in the U.S.

Excess Casualty/Umbrella

We provide an extra layer of protection with excess liability and monoline umbrella coverage (excluding PCO) for a broad range of clients in the life sciences industry.

Property

Tailored property coverage to protect the unique exposures facing life sciences companies – from property loss or damage to laboratories, research centers and manufacturing facilities to equipment and inventory.

Engineered Risk

First party Contactors All Risk, Erection All Risk and Civil coverage for infrastructure sites and facilities under construction.

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Errors & Omissions (E&O)

Tailored E&O liability coverage for a broad range of clients in the Life Sciences industry.

Cyber

Comprehensive cyber insurance coverage as well as risk mitigation and response services to help minimize financial, operational and reputational impacts resulting from data breach, cyber extortion, system outage or supply chain interruption.

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