Life Science and Technology Insurance
If you operate in the world of life sciences, technology or healthcare the insurance advice you need is far from standard, it is specialist and requires expert advice.
The UK is a world leader in the life science, technology and medical device industries. From start-ups to companies with a global presence, the risks involved differ significantly and you need to talk to a life science insurance broker who understands this world.
Based in Oxford, FOCUS is one of only a handful of specialist advisers able to deal with the insurance needs of these unique industries and have special arrangements with a number of insurers who can provide bespoke cover for your company.
We have close relationships with Oxford Innovation, Oxford University Innovation and Oxford Sciences Innovation and have established ourselves as a specialist life science insurance broker within the industry group.
With excellent connections with many of the region’s science and technology business parks, we regularly visit our clients on site to learn about how their business is growing so that we can adapt and adjust their insurance solutions accordingly.
FOCUS is also a founding member of the STEM Advisers Hub - a collaboration of business experts in the STEM (Science, Technology, Engineering & Mathematics) sectors offering helpful information and resources via the online Forum.
We pride ourselves in taking a personal approach to arrange bespoke life science insurance solutions for businesses in these challenging environments.
What FOCUS can offer
Our highly knowledgeable and experienced team is available to help you through the complexities of the cover needed to protect you and your business, including but not limited to:
- Property Damage/Business Interruption, including Research & Development operations
- Public and Employers Liability
- Product and Services Liability
- Healthcare Professional Liability also known as Medical Malpractice
- Errors & Omissions Liability
- Clinical Trials Liability – Global Programmes can be arranged
- Directors & Officers Liability
- Intellectual Property Protection
- Cyber & Privacy Risks
We have always believed that it is important to support start-up and early stage companies in these sectors and build long term relationships with them as they continue their journeys into larger organisations, sometimes with overseas representation.
FOCUS were recommended to me by one of our investors, and they did not disappoint. Personalised advice, competitive quotes and excellent communication make them an ideal partner for small business and technology-based companies.
As your business grows and develops, your life science insurance needs will undoubtedly change. FOCUS will work with you to ensure that the exposure and risks faced by your business will be protected, leaving you with complete peace of mind.