ADAPTIVE RISK MANAGEMENT STRATEGIES
Domestic and international regulatory burdens, reputational concerns, supply chain demands, shipping logistics, and complex clinical trials are just a fraction of the obstacles Life Science companies navigate. To safeguard from evolving challenges in this dynamic environment, Life Science companies need to partner with experienced advisors who can build customized solutions to tackle these unique risks. BRP’s Life Sciences group has proven success in assisting Life Science companies to establish their risk philosophy and anticipate potential difficulties, from the seed funding stage to going public.
With over 30 years of experience, we understand the regulatory environment in which Life Science companies operate and identify the inflection points where companies should add insurance, increase premiums, or absorb risk.
HOW IS OUR APPROACH DIFFERENT?
Our team entrenched in the life sciences industry leverages an established due diligence process and risk analysis process, which helps our clients view the whole picture of their risk. We develop innovative strategies based on these findings and implement plans for continuous improvements that contain the cost of complex risk profiles while maximizing returns.
areas of expertise
- Clinical Trial Insurance
- Supply Chain
- Cyber Risk
- Research and Development
- Directors & Officers Liability
- Employment Practices Liability
- Product Liability
- Foreign Clinical Trial Placements
- Fiduciary Liability
- ERISA Bonding Requirements
- Crime Coverage
- Mergers & Acquisitions
- Representations & Warranties Insurance
- Professional Liability
- Malpractice Liability
- Intellectual Property Liability
core solutions & expertise
Directors & Officers Liability
Cyber Risk Management
Retirement & Wealth
helping our clients in the life sciences industry mitigate risk
With specialists in the life sciences space, clients do not have to spend their time teaching our team the ins and outs of protecting their assets. Because of this experience, our team can properly determine and craft each company’s unique risk philosophy. They already know what to expect from the carriers when underwriting your risk and how to manage the ever-changing regulatory landscape. Some of our focuses have included:
- Supply chain
- Clinical trials
- Risk management
- Mergers and acquisitions
- Renewal strategies