Life Sciences Insurance

Why choose Howden for Life Sciences Insurance?

Howden is the new name for Watkin Davies.

When it comes to getting you insurance cover to support your work in the life sciences sector, as an insurance broker we pride ourselves on doing the heavy lifting, so you don’t have to. Thanks to the great relationships we have with a range of global insurers, we make the process of comparing multiple life science policies, on your behalf, simple and hassle free.

From nano-technology through to global clinical trials, across all sectors of Biotech, Life Science, Dietary Supplements and Medical Devices, our team has a wealth of experience and direct access to a number of leading global insurers to provide a comprehensive programme to support your business whatever development phase you are in. Our specialist team’s main goal is to focus on getting to know you and finding out exactly what you want from your life sciences insurance.

Ultimately, whether you need to purchase a new policy, renew an existing one, or even just make a claim, just know that we’re here to help.

Benefits of working with Howden:

• You can trust us – we’re rated Excellent on Trustpilot.
• We’re driven to save you time, money, and hassle.
• Benefit from a tailored service that comparison sites can’t provide.
• Speak with your local branch, within your community.
• We’re right by your side in the event of a claim.

What is Life Sciences Insurance?

The life sciences sector is rapidly expanding, fuelled by the ever-increasing demand for high quality and safe products.

The manufacturing and sale of medical devices is a huge responsibility, with companies facing a complex set of risks such as injury to a user due to defects in design or product mislabelling, or perhaps the potential for patent litigation cases.

What does Life Sciences Insurance cover?

Life science organisations face a variety of exposures throughout the lifecycle of their business, from research and development, to trials and the manufacture and sale of their products.

Key areas of coverage include the following:

• Property damage / business interruption (including research and development operations)
• Public liability
• Employers’ liability
• Products and services liability
• Vendors waiver of Subrogation / as additional Insureds 
• Errors and omissions Liability
• Product Recall
• Financial Loss
• Medical Malpractice 
• Clinical trials liability
• Crisis response expenses
• Intellectual Property Insurance and Patent Infringement 
• Spoilage and perishable stock cover
• Cyber & Data Liability 
• Comprehensive Directors & Officers Liability  

To find out more about our life sciences policies, which are designed with the protection of your business in mind, contact Howden today.