Global market solutions for life science
Our Life Science offering provides comprehensive worldwide coverage for life science companies across a broad range of risks, leveraging our Lloyd’s licences and global network.
What we offer
Markel offers life science insurance for many different markets,
including but not limited to:
- Pharmaceuticals
- Nutraceuticals
- Medical devices
- Cosmetics
- Research and development companies
- Contract research organisations
- Laboratory exposures
- Biotechnology companies
Experienced and knowledgeable team
Our genuine in-house underwriting specialism means we can provide industry-specific insights and solutions that help clients to navigate risk effectively. Building on our commitment to excellence, we are recruiting specific Life Science claims resource to ensure our clients benefit from top-tier support and expertise when they need it most.
Worldwide distribution
Our policy is distributed worldwide via brokers through open market (direct and facultative reinsurance) and binders on a primary and excess of loss basis.
Coverage
- Public liability
- Products liability
- Errors and omissions liability
- No fault compensation for human clinical trials
- Legal liability for human clinical trials
Sub limited coverage:
- Medical malpractice extension
- Product recall
- Pure financial loss
- Cyber
Line size
- USD 35M
- GBP 25M
- EUR 35M
- AUD 50M
- CAD 35M
Get in touch
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