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According to UK Government statistics biomedical and life sciences sector in the UK generates £52bn per annum and leads the world in pharmaceutical and biotech innovation.
Our specialist BioMed and Biotech firms can be tailored to your specific activities. One of our dedicated insurance advisors will take their time understanding your specific risks and activities before comparing quotes from the UK’s leading life science insurers.
We can cater for a diverse range of firms from small start-ups to established SME players. Typical businesses we have covered in the biomedical and life science sector include:
Whilst standard business insurance will provide basic property and liability requirements to cover equipment and legal liabilities such as public and employers liability, it does not extend to cover some of the core risks for any biomedical or biotechnology firm.
Clinic trials are a necessity, but they are not without risk and are essential to a life science insurance programme. Research and Development programmes are also extensive and without adequate insurance protection would leave you firm open to significant financial risk.
Specialist cover for all types of Life Science or Biotech companies
Insurance for Research and Development (R&D)
Contamination, radioactive or environment cover
Public Liability and Products Liability Insurance
Cover for clinical trials up to £10m
Employers Liability to protect your legal responsibilities for employees
Professional Indemnity and Management risks (including Entity defence)
Intellectual Property insurance including breach of patent
Property Protection for buildings, contents, machinery and specialist lab equipment
Malicious damage and business interruption protection
Fidelity Cover (theft by employees)
Laptop, tablet, mobile phone or portable equipment
Legal Expenses, Travel & Personal Accident options
We compare prices and business cover from our panel of leading pharmaceutical and biotech insurers
Instant quotations - cover and policy documents in minutes
Flexible cover & monthly payments – just pay for the sections you need
Expert advice from Medical Malpractice Insurance specialists
Expert advice from life science insurance specialists
Personal – Digital servicing AND your own dedicated insurance professional
© Insync Insurance Solutions Ltd 2020 All rights reserved. Insync Insurance Solutions Ltd is authorised & regulated by the Financial Conduct Authority where our reference number is 766691. Our registered office is Midland House, 2 Poole Road, Bournemouth, Dorset BH2 5QY and we are registered in England under company number 08810662. Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service Exchange Tower, London, E14 9SR | Tel: 0800 023 4567 or 0300 123 9 123 | www.financial-ombudsman.org.uk | Privacy Notice | Terms Of Business