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Package Insurance Solutions: Life Sciences

Our package solutions combine multi-line coverage and specialist insight to help life sciences companies manage risk across research, development and global operations.

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    We deliver tailored risk management and insurance solutions for life science companies across diverse target classes, backed by significant capacity, global reach, and expert services designed to protect operations and drive resilience.

    Coverage features

    Target clients

    We offer coverage to the following clients:

    • Biotechnology companies
    • Clinical monitoring and site management firms
    • Clinical trials
    • Contract research organizations
    • Laboratories
    • Medical device companies
    • Pharmaceutical companies
    • Private Label and contract manufacturers
    • Research and development facilities

    Capacity

    We offer significant capacity for the following product lines:

    • Property – Up to US $500m capacity
    • General Liability – US $1m limit, can increase based on risk
    • Multiline/Package – same as Property and GL
    • Auto – US $1m limit, can increase based on risk
    • Workers’ Compensation – statutory limits
    • Umbrella/Excess Casualty – US $15m based on risk
    • Life Science Product Liability – US $10m, can increase based on risk
    Experts

    Discover our life sciences specialists supporting risks across research, development and operations.

    Matthew Burns

    EVP, Head of Retail Casualty & Middle Market, North America

    Chloe Ferguson

    SVP, Head of Middle Market
    Related services

    Supporting your business from prevention through to response by aligning risk control and claims expertise.

    Insurance Risk Control

    Sompo’s Insurance Risk Control experts monitor emerging trends and risks and work with clients to minimize loss potential and stay ahead of the unexpected.

    Insurance claims

    At Sompo, our claims team is an integral component of the underwriting process, and we align our claims professionals with each of our specialty product lines and geographies.

    Multinational cover

    Scaling your expertise internationally?

    Discover our Multinational platform

    Speak to our Multinational experts about a convenient, consistent approach to accessing global coverage that is compliant with local regulations.

    Discover our Multinational platform