Life sciences

Life sciences is a dynamic, innovative industry, with new discoveries and technologies driving a rapid pace of product development. But speed, innovation and complex operations also bring unique exposures to life sciences companies. Sompo knows the nature of these risks - and we translate this knowledge into exceptional insurance programs for our life sciences clients.

The risk landscape for life sciences companies has evolved in recent years. Increased litigation risk, supply chain strains, and cyber threats all contribute to growing exposures. We carefully track this changing risk landscape and help our clients respond.

We recognize that risks change at each stage of the product life cycle. We customize life sciences coverage for R&D, clinical trials, manufacturing, and distribution. 

Products and services for life sciences

Coverage for every phase of the product life cycle

We offer specialized insurance solutions for a broad range of life sciences companies, including developers and manufacturers of pharmaceuticals, dietary supplements, medical devices and biologics.

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Why choose Sompo for life sciences coverage?

  • Deep industry experience 
    Sompo’s Life Sciences team has deep industry experience and technical expertise that enables us to develop customized insurance solutions that match the unique risks of our clients. 
  • Integrated solutions 
    Sompo builds tightly connected programs, combining customized policies and risk management services, that reflect the complexity of exposures faced by today’s life sciences companies. 
  • Local knowledge and global reach 
    Sompo helps life sciences companies operate locally and across borders. We combine our global operations and network of third-party partners to offer coverage in nations around the globe. 
  • Outstanding claims service 
    Sompo’s Life Sciences claims team provides timely responses to incidents and rapidly issues payments of covered claims.