The life science sector is continually evolving, and insurance is vital to protect businesses against potential risks.

Here at L Wood, we understand the evolving nature of the life science sector and the critical role insurance plays in safeguarding your business against potential risks. 

Life science businesses face risks throughout the lifecycle of their business, from research and development to trials and the creation and sale of products. We provide tailored insurance packages designed to protect your business at every stage. Whatever you do and wherever you operate, we have you covered.

Why should you choose a life science insurance policy?

Our range of insurance policies includes coverage for Medical Malpractice, Professional Indemnity, Public and Products Liability, and much more. 

With our expertise and personalised approach, we can protect your business against unforeseen events, allowing you to focus on what matters the most. Our dedicated team will take the time to understand your unique requirements and develop a customised insurance solution to give you peace of mind.

Whether you’re a start-up or an established company, we provide expert advice and support to ensure your insurance coverage aligns perfectly with your business goals.

Who do we work with?

We work with a range of clients who trust us to deliver specialist solutions for their life science businesses:

Clinical Trials

If your company is involved in medical research programmes, clinical trials insurance can protect your participants and your business if something were to go wrong and a claim is made for damages.

Start-Ups

Operating a start-up business in the life science, technology, pharmaceutical, healthcare or medical devices industry can be a challenge. We can offer our expert advice and insurance packages to start your new business off on the right foot.

Research and Development

If your organisation researches and develops life science products, you might be worried about stock spoilage, transit issues, business interruption or patent infringement. Fear not; we offer comprehensive insurance policies to protect your business against all eventualities.

Medical Devices

Businesses that import, manufacture or distribute medical devices must be protected against the associated risks. L Wood’s Life Science insurance covers the costs that arise if anything goes wrong during clinical trials, the transit of stock, or with the products themselves.

Dietary Supplements

We offer policies that combine general and product liability and recall for companies that deal with cosmeceuticals, vitamins, supplements, sports nutrition, and other consumable products.

Biotech, Pharmaceuticals & Nutraceuticals

L Wood’s life science insurance offers coverage for businesses in biotech, pharmaceuticals and nutraceuticals. We will work with you to understand your unique needs and protect your business against potential risks.