Life Science Insurance

A Dedicated and Experienced in House Claims Team

We create insurance solutions to meet your needs

Assistance with Risk Management

Expert Advice from Over 60 Years of Experience

Flexible Insurance

Protecting your Future

Family and Community

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.


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.

What does life science insurance cover?

Working within the life science sector can pose complex challenges, but we’re here to help with our bespoke insurance solutions.

Public & Product Liability

The most critical cover for companies in the life science sector is Public Liability and Products Liability. This insurance safeguards against damage or injury caused by supplied products or services. Life science companies tend to face a greater liability risk in this area, but we can help with advice and insurance solutions that are perfect for your business.

We offer clients several different types of cover, including:

Specialist Legal Claims Assistance

Our claims team have a wealth of experience dealing with cases in the life sciences sector. Getting the initial claim notification right gives you the best chance of a successful claim. Our expert claims handlers know all the pitfalls to avoid, and they’ll guide you through the entire process from start to finish. 

At L Wood Insurance Brokers, we work tirelessly to provide insurance solutions fit for a wide range of life science businesses. Our expert team will get to know your business inside out and develop a tailored insurance solution to minimise risk and maximise reward.

For more information on claims please click here.

If you have any questions please call us at 01274 515747 or email us at

Property Owners

If you own a property it is important to have appropriate insurance covers in place.
Learn More

Business Interruption

We would always recommend insuring on a Gross Revenue / Gross Profit basis, together with additional costs as from experience following a loss, the policyholder would have to spend more money than necessary in order to keep the business functioning
Learn More

Directors & Officers Liability

In today’s rapidly changing business climate, regulators are increasingly more vigilant about internal controls and corporate governance meaning the need for superior Directors and Officers Liability cover has never been greater.
Learn More

Professional Indemnity Insurance

Professional Indemnity insurance will cover expenses incurred in your defence if you are alleged to provide inadequate advice, services, design or specification resulting in your client losing money.
Learn More

Cyber Liability & Financial Crime

During the last five years there has been a dramatic increase in the number of cyber attacks and financial fraud to businesses throughout the UK.
Learn More

Crisis Management, Kidnap & Ransom

Business people making trips to high risk countries around the globe can put themselves at risk from kidnapping, ransom and other types of crises.
Learn More


Have you considered Terrorism Insurance? Did you know that Terrorism cover is a standard exclusion from all UK insurance policies?
Learn More

Hauliers/Freight Forwarders Liability Insurance

As a haulier operating for hire and reward or a Freight Forwarder, you are exposed to claims in respect of your legal responsibilities for injury to your employees and public, together with property damage arising from your activities.
Learn More

Marine, Transit & Cargo Insurance

Cargo comes in all shapes and sizes and insurance plays a vital role in covering you from a variety of incidents that can occur while in transit.
Learn More

Legal Expenses

In the event of legal action, having an insurance policy to cover your costs is vital for your business.
Learn More

Commercial Combined

Commercial combined insurance is designed to provide cover to protect you against risks to your business and can be tailored to your requirements.
Learn More

Computer Insurance

Every business in the world now relies on computer and technology in order to keep its operations on track.
Learn More

Employers Liability

Employers’ Liability insurance is a legal requirement and failure can lead to you being handed significant fines.
Learn More

Products Liability

Having Product Liability Insurance is essential for your business if you supply a product.
Learn More

Public Liability

Public Liability Insurance is essential cover for businesses offering protection against compensation claims if clients, suppliers or the public suffer injury or property damage because of your business.
Learn More

Contract Works Insurance

Whether your building project is straightforward or complex, you should have a contract that clearly outlines the project’s essential details.
Learn More

Employment Practices Liability

Employee litigation is currently on the rise, making it even more essential to have Employment Practices Liability Insurance in place.
Learn More

Engineering Inspection Cover & Machinery Insurance

It is a legal requirement for regular engineering inspections of lifting and pressurised machinery and equipment in your commercial premises.
Learn More

Group Travel Insurance

Having company Travel Insurance is beneficial to protect the key people of your business who regularly have to travel.
Learn More

Machinery Movement

Machinery Movement Insurance covers you for any installed machinery or equipment in your possession at a specified location.
Learn More

Motor Fleet Insurance

Motor insurance is a legal requirement, and Motor Fleet Insurance is a more flexible approaching to insuring vehicles used by a company.
Learn More

Motor trade insurance

Motor trade insurance is a vital requirement for anyone buying, selling or running a car garage.
Learn More

Shops Insurance

Shop Insurance is primarily designed to provide cover for all areas of a retail business with commercial premises.
Learn More

Tradesman Insurance

There are thousands of different tradesmen all with varying needs of insurance due to the levels of risks with their work.
Learn More

Product Recall Insurance

Product Recall InsuranceA Dedicated and Experienced in House Claims TeamWe create insurance solutions to meet your needsAssistance with Risk ManagementExpert Advice from Over 60 Years of ExperienceAny business selling goods to the public, particularly those in the food and drink
Learn More

Intellectual Property Insurance

Intellectual Property InsuranceA Dedicated and Experienced in House Claims TeamWe create insurance solutions to meet your needsAssistance with Risk ManagementExpert Advice from Over 60 Years of ExperienceDo you have intellectual property that is Copyrighted, Patented or Trade Marked, are you
Learn More

Credit Insurance

Credit InsuranceA Dedicated and Experienced in House Claims TeamWe create insurance solutions to meet your needsAssistance with Risk ManagementExpert Advice from Over 60 Years of ExperienceCredit and its associated problems are huge concerns in business, so how do you protect
Learn More

Technology Professional Indemnity Insurance

Technology Professional Indemnity InsuranceA Dedicated and Experienced in House Claims TeamWe create insurance solutions to meet your needsAssistance with Risk ManagementExpert Advice from Over 60 Years of ExperienceFlexible InsuranceProtecting your FutureFamily and CommunityTechnology Professional Indemnity (PI) safeguards professionals and companies
Learn More

Signup to the l wood newsletter to receive tips, guidance and news.

For further details on how your data is used and stored, read our Privacy Policy

This field is for validation purposes and should be left unchanged.