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Life Sciences

Organizations operating in the life sciences arena face a unique risk landscape and need insurance protection designed by experts for their specific needs.  The risks they face can come in many forms ranging from unsafe products and causing pollution to negligence in clinical trials. The liability on those responsible when things go wrong can be significant and the challenges are growing with an increasingly litigious world, new regulation and greater dependency on technologies.  Beazley’s underwriters and claims team have a deep understanding of life sciences and have created a broad, flexible policy to meet the current and emerging needs of the sector.

What we offer

Pillars of cover available on distinct product forms:

BioSecure – A flexible, innovative and client-focused approach to underwriting life science related risks. Coverages include errors & omissions liability, products/completed operations, healthcare professional liability, general liability, medical payments and medical monitoring expense coverage for both clinical trials and sold products.

NutraGuard – Drawing on extensive experience, Beazley is proactive in helping our nutraceutical insureds protect their operations worldwide. Coverage available primary and umbrella, products/completed operations, general liability, advertising/personal injury, employee benefits liability, fire legal liability, medical expenses, professional liability, errors & omissions and product recall expense. Our broad appetite of risks includes dietary supplements, personal care products, cosmetics, select over-the-counter drugs. 

Canada coverage highlights:

How can we help

Life sciences risks present myriad exposures in need of expertly crafted coverage. Beazley offers a flexible, innovative and client-focused approach to underwriting this class of risk. In addition our dedicated healthcare claims team offers responsive claims handling to meet the needs of Insureds. We should mention how we have dedicated Wordings Specialist in order to tailor make coverage to that specific insured.

Who we can help

A wide range of life sciences organizations within the middle to large-sized market up to US $25,000,000 in capacity. 

  • Pharmaceuticals  
  • Blood and tissue banks  
  • Nutraceuticals/Dietary supplements  
  • Medical devices  
  • Biotechnology 
  • Contract research organizations  
  • Contract manufacturing organizations  
  • Site management organizations  
  • Academic research Institutions  
  • Wholesale and retail distribution  
  • Sponsors of human clinical trials  
  • Lab/Diagnostic services. 



The Beazley Difference


Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.


Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  


Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

  • Product liability claim for failing to include the adequate warnings, causing fire and burns. 
  • Insured medical device representative is alleged to have provided insufficient information to a patient regarding known potential complications.
  •  Insured is sued based on allegations that their product was not properly tested for genetic conditions resulting in genetic illness.  

Your Beazley Team

Derek Dow

Derek Dow

Focus Group Leader - International Miscellaneous Medical and Life Sciences

Vancouver, Canada

+1 (604) 235 3520

Email Derek

Florentina Cornea

Florentina Cornea

Underwriter - Miscellaneous Medical & Life Sciences

Toronto, Canada

+1 (416) 777 6204

Email Florentina

Natasha Prasad

Natasha Prasad

Underwriter - Miscellaneous Medical & Life Sciences

Toronto, Canada

+1 (416) 777 6845

Email Natasha