Securing Your Business's Future with Expert Insurance Solutions
Why Choose Gaylord Insurance's
Life Science Insurance Solutions?
Experienced Team
Our Products Liability and Life Sciences Claims team has 20+ of years experience in insurance, with carriers who have 30+ years insuring life science operations. Our expertise spans underwriting, claims, and loss control.
Comprehensive Coverage
We offer true claims-made coverage with flexible retention options and worldwide coverage.
Our policies include broad automatic additional insured coverage and a non-erosive deductible.
Specialized Support
Our Risk Solution Services and internal claims handling team are dedicated to supporting your operations, providing the resources needed to navigate the complexities of the life sciences industry.
We provide custom insurance solutions for a wide range of life science sectors
Research and Development
Secure comprehensive insurance solutions tailored for R&D companies. Our coverage includes protection for biotechnology, physical sciences, and engineering projects, ensuring your innovative work is safeguarded at every stage. Benefit from specialized support and flexible policy options to meet the unique needs of R&D operations. Research and Development Sectors: • Research and Development in Biotechnology • Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) • Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
Medical Devices and Instruments
Get specialized insurance for medical device and instrument manufacturers. Our policies cover non-invasive and invasive devices, surgical instruments, and medical supplies. Benefit from comprehensive protection, including product liability and regulatory compliance support, designed to meet the needs of the medical technology industry. Medical Devices/Instruments Sectors: • Surgical and Medical Instrument Manufacturing • Surgical Appliance and Supplies Manufacturing
Pharmaceutical & Biological Manufacturing
Protect your pharmaceutical and biological product manufacturing business with our tailored insurance solutions. We offer robust coverage for prescription and over-the-counter drugs, as well as vaccines and biologics. Ensure your operations are compliant and secure with our comprehensive liability and risk management services. Pharmaceutical and Biological Sectors • Pharmaceutical Preparation Manufacturing • Biological Product (except Diagnostic) Manufacturing
Testing and Laboratory Services
Ensure your testing and laboratory services are fully protected with our tailored insurance solutions. We offer coverage for analytical labs, medical testing facilities, and research labs. Our policies include liability coverage, error and omission protection, and support for compliance with industry regulations. Testing and Laboratory Sectors: • Testing Laboratories • Medical Laboratories • Analytical Laboratory Instrument Manufacturing
Policy Highlights
True Claims-Made Coverage
Ensures that you are covered for incidents that occur and are reported during the policy period.
Waiver of Subrogation
Where required by contract, we waive our right to seek reimbursement from a third party.
Batch Provision
Provides coverage for multiple claims arising from a single occurrence.
Primary Non-Contributory Coverage
Where required by contract, our policy provides primary coverage without seeking contribution from other policies.
Automatic 90-Day ERP
Extended Reporting Period to ensure you remain covered after the policy ends.
Broad Definition of Damages
Includes a wide range of potential damages to ensure comprehensive protection.
Life Science Insurance Core Coverages
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Products-Completed Operations Liability
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Errors or Omissions Liability (Claims-Made)
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General Liability (Including Advertising and Personal Injury)
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Biological Agents Liability Coverage
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Class 1 Product Recall Expenses Coverage
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Privacy Breach Notification and Mitigation Expenses
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Medical Monitoring Expenses (Clinical Trials and Product Recalls)
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Healthcare Services Liability Coverage
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Employee Benefits Liability Coverage
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Fire Damage Legal Liability Coverage
Target Classes
We provide insurance solutions for a wide range of life science operations, including:
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Research and Development: Pre-clinical, non-clinical laboratory testing, & clinical trials.
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Pharmaceutical Operations: Prescription, over-the-counter, & active pharmaceutical ingredients.
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Medical Device Operations: Non-invasive, invasive, & implantable devices.
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Dietary Supplement Operations: Vitamins, minerals, herbal products, amino acids, enzyme supplements, & hemp-derived CBD products.
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Biotechnology: Advanced biological & genetic research & applications.
Get in Touch
To provide an accurate quote, we require the following:
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Signed/Dated Life Sciences Supplementary Application
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Five Years of Currently Valued Loss Runs
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Audited Financial Statement
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Product Labels (if applicable)
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Informed Consent Documents/Protocol Documents and Investigator Brochure (if applicable)
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Sample Service Contracts and Indemnification Agreements (if error or omission liability is requested)