Organisations operating in the life sciences arena face a unique risk landscape and need insurance protection that has been designed by experts for their specific needs.
The risks 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.
Appetite
A wide range of organisations can benefit from Beazley’s specialist cover for life sciences, including:
- Device manufacturers, contract manufacturers and distributors for:
- Surgical/medical equipment and supplies
- Non-implantable and implantable devices
- Genetic testing kits
- Dental and imaging devices
- Analytical instruments
- Tissue/allografts
- Blood, embryo and sperm banks.
- Contract research organisations
- Biotechnology & biologics
- Pharmaceuticals
- Nutraceuticals
- Prescription & over the counter (OTC) injectables/ topicals and oral drugs
- Optical products
- Drug delivery
- Pharmaceutical support services
- Clinical trials of any kind including:
- Pre-natal
- Infants, children, youths
- Elderly – impaired capacity
- Emergency
- Pre-clinical, phase I through phase IV.
- Pre-clinical research models
- Site management organisations
- Vaccines: live/killed viruses & DNA
- Testing laboratories
- Domestic veterinary drugs.
Coverage
- Products liability
- Professional indemnity
- Public liability
- Clinical research services – negligent act, error or omission
- Medical malpractice
- Clinical trials – no-fault compensation & legal liability
- Claims made coverage.
Territory
Worldwide.
Target market
A wide range of businesses can benefit from Beazley’s Life Sciences. For those organisations with an annual turnover of less than £10m within the appetite of research and development for medical devices, clinical trials or testing and laboratories, we would be pleased to discuss our Life Sciences for Small Business product designed specifically for small businesses.
Capacity
Up to US $25,000,000
Policies are written on our comprehensive life sciences insurance form and are available through either our Lloyd’s syndicate or “A-rated” European Insurance company, Beazley Insurance dac (designated activity company).
Spotlight on nutraceuticals
The growing market for nutraceutical products takes numerous forms, and targets a vast array of wellness and lifestyle issues. Drawing on extensive experience, through our specially tailored NutraGuard product, Beazley is perfectly placed to help nutraceutical clients protect their operations worldwide.
Appetite
- Dietary supplements:
- Vitamins/minerals
- Supplements
- Herbs/botanicals/homeopathy
- Sports nutrition
- Weight management
- Energy products
- Sexual performance.
- Food & beverage
- Personal care products
- Cosmetics & skincare
- Select over-the-counter drugs & topicals
- All levels within the supply chain:
- Importers/raw material distributors
- Manufacturers
- Contract manufacturers
- Private label
- Wholesale and retail distribution.
Life Sciences team
Claims

Claims Team Leader - Healthcare
Kati Bynon
New York, NY, USA
+1 212 801 7158
kati.bynon
Assistant Claims Manager
Jessica Davies
London, UK
+442076747857
jessica.davies
Claims Manager
Tom Donnelly
London, UK
+44 (0) 207 674 7122
tom.donnelly
Focus Group Leader - Large Risk International Healthcare
Andrew Lovell
London, UK
+442076670650
andrew.lovell
Focus Group Leader - Miscellaneous Medical & Life Sciences Claim
Keri Marmorek
New York, NY, USA
+1 212 801 7159
keri.marmorekUnderwriters

Underwriter - International Life Sciences & Miscellaneous Medical
Kirsten Shastri
London, UK
+442076670564
kirsten.shastri
Focus Group Leader - Global Miscellaneous Medical Healthcare
Evan Smith
Chicago, IL, USA
+1 416 777 6884
evan.smith