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Empowering Innovation in Life Sciences

Axis Insurance is at the forefront of supporting Canada’s vibrant life sciences sector. Our dedicated team brings over 60 years of combined expertise in providing specialized insurance solutions tailored to the unique challenges and regulatory environments faced by life sciences companies. With a deep understanding of the complexities of this industry, we are committed to protecting the pioneering work of Canadian researchers and entrepreneurs, ensuring they can focus on their critical roles in advancing health and science.

In an industry where innovation is rapid and the stakes are high, Axis stands as a trusted partner, equipped with the knowledge and tools to mitigate the diverse risks inherent in the life sciences field. Our tailored insurance products are designed to address the specific needs of each segment within the sector, from bioengineers working on next-generation solutions to CROs driving clinical advancements. With Axis Insurance, life sciences companies in Canada can navigate the challenging landscape with confidence, backed by a team that not only understands your needs but is also passionate about supporting your growth and success in improving lives.

Leading our Life Sciences Practice

We pride ourselves on maintaining direct and open communication with our clients, staying engaged with their business and ensuring that they are involved and informed throughout every step of the insurance and risk review process.

Kevin McLean
Senior Vice President, Life Sciences

Medical Device Insurance

Medical Devices play a pivotal role in modern healthcare, driving innovation and improving patient outcomes in human clinical trials. Our team understands the unique risks and challenges faced by medical device manufacturers, distributors, and innovators. Our tailored insurance solutions provide comprehensive coverage for product liability, regulatory compliance, and intellectual property protection, ensuring that your innovations are safeguarded at every stage of development and distribution.

Our team of experts brings decades of experience in the life sciences sector, understanding the intricacies of risk management for medical device technologies. From startups to established industry leaders, we offer customized insurance strategies that address the specific needs of your business, allowing you to focus on advancing medical technology with confidence and peace of mind.

    Biotechnology Insurance

    Biotechnology is at the forefront of scientific innovation, transforming industries from healthcare to agriculture. Axis Insurance recognizes the unique challenges faced by biotech companies, from early-stage research and development to clinical trials and product commercialization. We offer specialized insurance solutions that cover a wide range of risks, including R&D missteps, regulatory hurdles, and bioethical issues, ensuring that your groundbreaking work can proceed with fewer financial risks.

    Our extensive experience with biotechnology firms allows us to provide not just insurance but also guidance on managing potential exposures as you push the boundaries of what’s possible in science. Whether you’re pioneering new drug therapies, developing genetic modifications, or innovating bio-based products, Axis Insurance is equipped to support your mission, protecting your advancements and facilitating your progress with tailored risk management strategies.

      Digital Health Insurance

      Digital Health is revolutionizing the way we approach healthcare, integrating technology to enhance patient care and improve health outcomes. At Axis Insurance, we specialize in providing comprehensive coverage for digital health companies that are navigating the complex landscape of healthcare regulations, data security, and technological innovations. Our policies protect against cyber threats, data breaches, and regulatory non-compliance, ensuring that your digital solutions can thrive in a rapidly evolving industry.

      With a deep understanding of the intricacies of digital health, from telemedicine and health apps to wearable technologies and AI-driven diagnostics, our team at Axis Insurance crafts insurance solutions that address the specific challenges of this dynamic sector. We support your mission to transform healthcare by mitigating risks that could impede your progress, helping you to deliver safe, efficient, and cutting-edge health services. Specialized coverage for digital health firms includes:

      • Cyber Liability Coverage
      • Regulatory Compliance
      • Product Liability
      • Professional Liability

      Contract Research Insurance

      Contract Research Organizations (CROs) play a critical role in the development of new pharmaceuticals and medical devices, offering essential support from preclinical research through to clinical trials and regulatory approval. At Axis Insurance, we understand the distinct risks associated with this pivotal industry sector. Our tailored insurance solutions cover professional liability, errors and omissions, and clinical trial liability, ensuring that CROs can operate with confidence, knowing their complex and critical activities are protected.

      Our expertise extends to addressing the unique needs of CROs, encompassing everything from patient safety to data integrity and regulatory compliance. With decades of experience in the life sciences sector, Axis Insurance provides not just coverage, but strategic risk management that aligns with the fast-paced and evolving nature of contract research. Whether you’re conducting early-stage research or managing extensive clinical trials, our insurance solutions are designed to support your success and mitigate risks throughout the research and development lifecycle.

        Bioengineering Insurance

        Bioengineering is a field that blends engineering principles with biological science to create solutions that advance medical care, agricultural practices, and environmental sustainability. Axis Insurance is adept at navigating the multifaceted risks associated with bioengineering, providing specialized insurance solutions that protect against professional liability, intellectual property disputes, and project-specific risks. Our coverage ensures that bioengineers can push the boundaries of innovation with confidence, safeguarding their work from unforeseen challenges.

        With deep industry knowledge and a commitment to supporting cutting-edge research and development, our team at Axis Insurance crafts policies that reflect the unique needs of bioengineers. Whether you are working on regenerative medicine, synthetic biology, or biomedical devices, our comprehensive insurance solutions are designed to protect your projects and facilitate your contributions to science and health, enabling you to focus fully on developing technologies that can transform lives.

          Coverage Highlights

          Life Sciences enterprises face distinct and critical risks. Our insurance solutions are specifically designed to protect your groundbreaking work and innovations.

          Product Liability

          Product Liability Insurance is critical for life sciences companies involved in manufacturing or distributing healthcare products. This coverage protects against claims of injury or damage caused by products that fail to perform as promised.

          Life sciences companies are at particular risk due to the potential impacts of their products on human health. Whether it’s a medical device, pharmaceutical, or biotechnology product, this insurance helps cover the legal and compensation costs that can arise from litigation. Ensuring robust product liability coverage is part of maintaining the trust and safety that are paramount in the healthcare field.

            Clinical Trials Liability

            Clinical Trials Liability Insurance is essential for any life sciences company that conducts research involving human participants. It provides protection against the risks of bodily injury or illness that could occur as a result of participating in a trial.

            The development of new drugs and medical devices often requires extensive testing in clinical trials, which can sometimes lead to unexpected adverse effects. This type of insurance helps manage the financial risk associated with these trials, covering both legal defense costs and any compensation awarded to participants for injuries.

              Errors & Omissions

              Errors & Omissions (E&O) Insurance is vital for life sciences companies that provide medical services or advice. It shields against negligence claims and the failure to perform professional duties adequately.

              In the highly specialized field of life sciences, professional advice or services can have significant repercussions if errors occur. E&O insurance ensures that companies can defend against claims of malpractice or professional misconduct without threatening their financial stability. This coverage is particularly important for consulting services, regulatory compliance advice, and the management of clinical trials.

                Intellectual Property (IP)

                Intellectual Property (IP) Insurance is crucial for protecting the valuable patents and proprietary technologies that drive innovation in the life sciences sector. This insurance helps cover the costs associated with defending intellectual property rights.

                Life sciences firms often invest heavily in research and development, making IP one of their most valuable assets. IP insurance not only supports litigation involving patent infringements but also helps companies enforce their IP rights and secure compensation for unauthorized use, which is essential for recouping investment and funding further innovation.

                  Cyber Liability

                  Cyber Liability Insurance is increasingly important for life sciences companies as they utilize more digital and cloud-based technologies. This insurance protects against data breaches and other cyber threats that could compromise sensitive patient and research data.

                  The integration of digital health records, personal health applications, and other data-intensive technologies exposes companies to cyber risks. Cyber liability insurance helps cover the cost of restoring data, notifying affected individuals, and any legal actions related to breaches, which are critical to maintaining operations and trust in the life sciences sector.

                    Property Coverage

                    Property Insurance is crucial for protecting the physical assets of life sciences companies, including laboratories, specialized equipment, and vivaria. Given the specialized nature of these assets and the significant value of research animals, it’s essential to cover all aspects comprehensively. This insurance helps mitigate the financial impact of damage or loss due to events like fire, theft, or natural disasters.

                    Even minor damages can lead to substantial financial losses and operational disruptions. With property insurance, life sciences companies can replace or repair critical equipment and maintain continuity in their research and production activities, ensuring that both facilities and invaluable biological assets are safeguarded.

                      Partnerships & Associations

                      Insurance Brokers For Technology-Related Risks. Worldwide.

                      Life Sciences BC supports entrepreneurs and start-ups, to larger multinational organizations with commercialization, training, mentoring, and connections to strategic partners.

                      BC Tech is the largest member-led technology non-profit in British Columbia, and they are dedicated to turning startups into scaleups.

                      Life Science Liability Insurance Contacts

                      Frequently Asked Questions

                      Life Science Liability Insurance is a specialized type of coverage designed to protect businesses operating in the life sciences sector, including pharmaceutical companies, biotechnology firms, medical device manufacturers, clinical research organizations, and nutraceutical producers. These businesses face unique risks, such as product liability claims, regulatory investigations, intellectual property disputes, and errors in research and development. Life Science Liability Insurance helps safeguard companies from financial losses arising from lawsuits, compliance violations, and product recalls, ensuring they can continue innovating without disruption.

                      This coverage is essential because life sciences companies operate in a high-stakes environment where patient safety, regulatory compliance, and product efficacy are critical. A single lawsuit—whether from an adverse reaction to a drug, a faulty medical device, or a clinical trial error—can result in significant legal costs and reputational damage. In many cases, regulatory bodies, investors, and business partners require companies to have adequate liability insurance before approving funding, trials, or product distribution. By securing comprehensive Life Science Liability Insurance, businesses in this sector can mitigate financial risks, meet compliance requirements, and focus on advancing healthcare solutions with confidence.

                      Key Coverage Options in Life Science Liability Insurance Include:

                      Biotechnology and pharmaceutical companies face unique risks that require specialized insurance coverage. Life Science Liability Insurance for these industries typically includes several key policies designed to protect against financial losses from lawsuits, product failures, and regulatory challenges.

                      1. Product Liability Insurance – Covers claims related to injuries or damages caused by pharmaceutical drugs, biologics, or medical treatments. This is critical for biotech and pharma companies as even FDA-approved products can face litigation due to unforeseen side effects.

                      2. Clinical Trials Liability Insurance – Essential for companies conducting clinical research, this coverage protects against claims arising from adverse reactions, trial errors, or participant injuries. Many regulatory bodies and contract research organizations (CROs) require this insurance before trials can proceed.

                      3. Errors & Omissions (E&O) Insurance – Covers financial losses due to mistakes in research, development, or manufacturing that lead to lawsuits from investors, customers, or partners. This is particularly important for biotech firms engaged in complex R&D processes.

                      4. Directors & Officers (D&O) Insurance – Protects company executives from personal liability in lawsuits related to mismanagement, regulatory violations, or shareholder disputes. Given the high stakes in biotech and pharma, D&O coverage is often a key requirement for investors.

                      5. Intellectual Property (IP) Insurance – Provides protection in legal disputes over patents, trademarks, and proprietary formulas. Since innovation drives biotech and pharmaceutical success, safeguarding intellectual property is critical.

                      6. Cyber Liability Insurance – Protects against data breaches, ransomware attacks, and regulatory fines associated with compromised patient data or clinical research information. Cyber threats are a growing concern as life sciences companies rely on digital records and proprietary research.

                      By securing a tailored combination of these policies, biotechnology and pharmaceutical companies can manage risks effectively, maintain compliance, and protect their financial stability while advancing medical innovation.

                      Understanding the Importance of Liability Coverage in Life Sciences

                      Life sciences companies operate in a high-risk environment where innovation intersects with regulatory scrutiny, patient safety, and evolving technologies. Life Science Liability Insurance is designed to protect biotechnology, pharmaceutical, and medical device companies from financial losses due to lawsuits, regulatory actions, and operational risks.

                      One of the biggest risks in the life sciences industry is product liability. A drug, biologic, or medical device may receive regulatory approval but still cause unforeseen adverse effects. Product Liability Insurance helps cover legal defense costs, settlements, and judgments in cases where patients or healthcare providers file claims over product-related injuries.

                      Clinical trials present another major exposure. Companies conducting human trials must protect against claims of bodily injury, negligence, or errors in trial administration. Clinical Trials Liability Insurance ensures that research organizations, pharmaceutical firms, and contract research organizations (CROs) are protected against financial risks associated with trial-related lawsuits.

                      Regulatory compliance is another challenge. Failure to meet FDA, Health Canada, or other regulatory body requirements can lead to costly fines, recalls, and legal disputes. Regulatory Liability Insurance helps cover the costs of defending against compliance violations and potential penalties.

                      Additionally, intellectual property (IP) disputes are common in this competitive field. Companies invest heavily in research and development, making patents and proprietary formulas key assets. IP Insurance helps protect against infringement claims, licensing disputes, and legal action related to patents or trade secrets.

                      Cybersecurity threats are also rising. Data breaches involving patient records, clinical trial data, or proprietary research can lead to lawsuits and regulatory fines. Cyber Liability Insurance provides coverage for legal fees, breach response costs, and reputational damage control.

                      By securing Life Science Liability Insurance tailored to their specific risks, companies can safeguard their financial stability, maintain compliance, and focus on advancing medical and technological innovations.

                      Life sciences companies, including biotechnology firms, pharmaceutical manufacturers, and medical device developers, face unique risks that require specialized insurance coverage. Life Science Liability Insurance is designed to protect against financial losses from lawsuits, regulatory actions, and operational challenges. Here are the most common risks covered:

                      1. Product Liability Claims

                      One of the biggest risks in life sciences is product liability. Even after rigorous testing and regulatory approval, pharmaceuticals, biologics, and medical devices can cause unintended side effects or failures. Product Liability Insurance covers legal defense costs, settlements, and damages related to claims of injury or harm caused by a company’s product.

                      2. Clinical Trials Risks

                      Companies conducting clinical trials must protect against risks such as participant injuries, errors in administration, or unexpected adverse effects. Clinical Trials Liability Insurance covers claims related to bodily injury, negligence, or failure to properly inform trial participants of potential risks. Many regulatory agencies and research institutions require this coverage before approving trials.

                      3. Regulatory and Compliance Issues

                      Strict regulations from agencies like the FDA, Health Canada, and the EMA mean that life sciences companies face potential fines, investigations, and product recalls. Regulatory Liability Insurance helps cover legal defense costs, penalties, and expenses related to compliance violations.

                      4. Intellectual Property (IP) Disputes

                      Innovation is at the heart of life sciences, making intellectual property disputes common. Companies may face lawsuits over patent infringement, licensing disagreements, or unauthorized use of proprietary research. Intellectual Property Insurance helps cover the legal costs of defending against IP-related claims and protecting valuable assets.

                      5. Cybersecurity Threats and Data Breaches

                      Life sciences companies store and manage sensitive data, including patient records, clinical trial results, and proprietary research. Cyberattacks, ransomware, or data breaches can lead to financial losses, regulatory fines, and reputational damage. Cyber Liability Insurance provides coverage for breach response costs, legal fees, and fines associated with compromised data.

                      6. Errors & Omissions (E&O) and Professional Liability

                      Mistakes in drug development, miscalculations in research, or manufacturing errors can lead to financial losses and legal claims. Errors & Omissions Insurance protects against lawsuits alleging professional negligence, misinformation, or failure to deliver promised results.

                      7. Directors & Officers (D&O) Liability

                      Executives and board members in life sciences companies are exposed to lawsuits related to mismanagement, regulatory violations, and shareholder disputes. Directors & Officers Insurance protects personal assets and covers defense costs for company leadership.

                      By securing tailored Life Science Liability Insurance, businesses can mitigate these risks, maintain compliance, and focus on advancing medical innovation while safeguarding their financial stability.

                      Selecting the right Life Science Liability Insurance is essential for biotechnology, pharmaceutical, and medical device companies to manage risks and ensure business continuity. The life sciences industry faces unique challenges, including product liability, regulatory compliance, intellectual property disputes, and clinical trial risks. A well-structured insurance policy protects against financial losses while supporting growth and innovation.

                      1. Assess Your Business Risks

                      Every life sciences company has distinct exposures depending on its operations. Pharmaceutical manufacturers face high product liability risks, while biotech startups may require intellectual property protection. Clinical research organizations (CROs) need coverage for trial-related liabilities, and medical device companies must ensure compliance with regulatory standards. Understanding your risk profile helps in choosing the right coverage.

                      2. Key Coverage Options to Consider

                      • Product Liability Insurance – Essential for companies manufacturing or distributing drugs, biologics, or medical devices to protect against claims of injury or product failure.

                      • Clinical Trials Liability Insurance – Required for companies conducting research on human subjects, covering participant injuries and trial-related claims.

                      • Errors & Omissions (E&O) Insurance – Protects against financial losses due to mistakes in development, manufacturing, or consulting services.

                      • Directors & Officers (D&O) Insurance – Shields executives from lawsuits related to mismanagement, shareholder disputes, and regulatory violations.

                      • Regulatory Liability Insurance – Covers legal defense costs, fines, and penalties arising from non-compliance with regulatory bodies like the FDA and Health Canada.

                      • Intellectual Property (IP) Insurance – Protects against patent infringement claims and legal disputes over proprietary research.

                      • Cyber Liability Insurance – Safeguards against data breaches and cyberattacks, protecting sensitive clinical trial data and patient records.

                      3. Work with an Experienced Insurance Broker

                      A specialized insurance broker with expertise in the life sciences sector can help tailor a policy that aligns with your business needs. They can identify gaps in coverage, ensure compliance with regulatory requirements, and provide risk management insights.

                      4. Balance Cost with Comprehensive Protection

                      While cost is a factor, underinsuring can leave your business vulnerable to lawsuits, regulatory fines, and financial losses. Consider a policy that balances affordability with comprehensive coverage to safeguard your company’s future.

                      Choosing the right Life Science Liability Insurance ensures your business can navigate industry risks, maintain regulatory compliance, and continue developing groundbreaking medical innovations with confidence.

                      Life Science Liability Insurance premiums vary based on multiple factors that assess a company’s risk exposure, industry operations, and compliance measures. Biotechnology firms, pharmaceutical companies, medical device manufacturers, and clinical research organizations all have different risk profiles, influencing the cost of coverage. Here are the key factors that affect premiums:

                      1. Type of Products or Services

                      The nature of a company’s products significantly impacts insurance costs. High-risk industries, such as pharmaceuticals and medical devices, face greater liability due to potential adverse effects or product failures. Products that involve human consumption, implantation, or genetic modification typically result in higher premiums.

                      2. Stage of Business Development

                      Startups focused on research and development may require Clinical Trials Liability Insurance, which carries different pricing than Product Liability Insurance for commercially available drugs or devices. Companies in early-stage clinical trials may face lower premiums than those with FDA-approved products on the market, as risks increase once a product is widely distributed.

                      3. Clinical Trial Risks

                      For businesses conducting clinical research, factors such as trial location, number of participants, and type of study affect premiums. Trials involving high-risk procedures, vulnerable populations, or experimental treatments typically have higher insurance costs due to the potential for participant injuries and lawsuits.

                      4. Regulatory Compliance and History

                      Insurers evaluate a company’s regulatory track record with agencies like the FDA, Health Canada, and EMA. Businesses with a history of regulatory violations, recalls, or compliance issues may face higher premiums. Strong quality control, adherence to Good Manufacturing Practices (GMP), and proactive risk management can help reduce insurance costs.

                      5. Claims History

                      Companies with a past record of liability claims, lawsuits, or product recalls will likely see increased premiums. Insurers assess previous losses to determine the likelihood of future claims. Businesses with a clean claims history and robust risk management practices often qualify for lower rates.

                      6. Geographic Market and Distribution

                      Where a company sells its products affects insurance costs. Businesses operating in the U.S. market often face higher premiums due to a higher frequency of litigation compared to other regions. Global distribution can also increase exposure to different regulatory environments and legal systems, impacting premiums.

                      7. Coverage Limits and Policy Structure

                      The higher the policy limits, the greater the premium. Companies must balance the cost of coverage with the level of protection required. Some insurers also offer claims-made vs. occurrence-based policies, with claims-made policies often having lower initial premiums but requiring continued coverage to protect against future claims.

                      8. Intellectual Property and Cybersecurity Risks

                      Businesses with significant intellectual property assets or exposure to cyber threats (such as handling patient data or proprietary research) may need Intellectual Property Insurance or Cyber Liability Insurance, which can increase overall insurance costs. Strong data protection measures and legal safeguards can help reduce premiums.

                      By understanding these factors and working with an experienced insurance broker, life sciences companies can find the right coverage at a competitive price while ensuring protection against industry-specific risks.

                      Securing the right Life Science Liability Insurance is not just about finding coverage—it’s about ensuring your business is protected from complex risks unique to the biotechnology, pharmaceutical, and medical device industries. Partnering with a specialist insurance broker, like Axis Insurance, provides expert guidance, customized solutions, and access to industry-leading risk management strategies.

                      1. Expertise in Life Science Risks

                      Life sciences companies face regulatory scrutiny, evolving compliance requirements, and exposure to product liability, clinical trial risks, and intellectual property disputes. A specialist broker understands these risks and ensures your coverage aligns with industry standards and emerging challenges.

                      2. Customized Coverage for Your Business

                      No two life sciences companies are the same. Whether you’re conducting clinical trials, manufacturing pharmaceuticals, or developing medical devices, your insurance needs will differ. Axis Insurance works closely with businesses to design tailored insurance solutions, ensuring that policies address specific risks rather than relying on generic coverage.

                      3. Access to Specialized Insurance Markets

                      Many general insurers do not have the underwriting expertise to properly cover life sciences businesses, leading to coverage gaps or excessive premiums. As a specialist brokerage, Axis Insurance has relationships with top insurers in the life sciences sector, securing competitive rates and comprehensive protection that may not be available through standard insurance providers.

                      4. Proactive Risk Management Support

                      Having the right coverage is only part of the equation—minimizing risk is just as important. Axis Insurance provides risk assessment and advisory services to help businesses implement strong quality control, regulatory compliance, and data protection measures, which can lead to lower premiums and fewer claims.

                      5. Navigating Regulatory and Legal Complexities

                      With strict oversight from agencies like Health Canada, the FDA, and the EMA, companies need an insurance partner that understands compliance, liability concerns, and policy wording specific to life sciences. Axis Insurance ensures that businesses are properly covered against regulatory violations, product recalls, and lawsuits, preventing costly disruptions.

                      6. Dedicated Claims Advocacy

                      When a claim arises, having a specialist broker who understands life sciences makes a significant difference. Axis Insurance acts as an advocate for clients, ensuring that claims are handled efficiently and fairly, protecting both financial stability and business continuity.

                      Working with a generalist broker can leave life sciences companies vulnerable to coverage gaps and unexpected liabilities. By partnering with Axis Insurance, businesses gain a trusted advisor with deep industry expertise, access to specialized markets, and a proactive approach to risk management—helping them embrace risk with confidence and continue advancing medical innovation.

                      Life sciences companies operate in a constantly evolving environment where regulatory requirements, product development stages, and emerging risks can impact insurance needs. Regularly reviewing and updating your Life Science Liability Insurance ensures that your coverage remains aligned with your business operations and protects against new exposures. Here’s when you should reassess your policy:

                      1. When Your Business Expands or Changes Operations

                      If your company enters a new market, launches a new product, or shifts its manufacturing or distribution process, your liability exposure changes. Expanding into the U.S. or European markets may increase your need for higher product liability limits, while adding new clinical trials might require an update to your Clinical Trials Liability Insurance.

                      2. Before Starting a New Clinical Trial

                      Each phase of clinical research presents different risks. Whether expanding trial sites, increasing the number of participants, or testing new drug formulations, your Clinical Trials Liability Insurance should be updated to reflect these changes. Many regulatory agencies and research institutions require proof of adequate coverage before approving trials.

                      3. When Regulatory Requirements Change

                      Regulatory agencies like the FDA, Health Canada, and the EMA frequently update compliance standards. If new reporting requirements, labeling laws, or approval processes affect your business, your insurance policy should be reviewed to ensure it covers potential regulatory liability and compliance costs.

                      4. After a Product Recall or Major Liability Claim

                      If your company has faced a lawsuit, regulatory fine, or product recall, it’s essential to reassess your insurance policy. A claim history can impact future premiums, but working with a specialist broker—like Axis Insurance—can help mitigate increased costs and find coverage solutions that protect your business from similar risks moving forward.

                      5. When Expanding Your Intellectual Property Portfolio

                      For biotechnology and pharmaceutical companies, intellectual property is one of the most valuable assets. If your company has filed new patents, licensed technology, or entered into IP disputes, an Intellectual Property (IP) Insurance review is necessary to ensure coverage for legal defense and enforcement.

                      6. In Response to Emerging Cybersecurity Risks

                      As life sciences companies handle sensitive clinical data, patient information, and proprietary research, the risk of cyberattacks and data breaches increases. If your company implements new digital platforms, expands data storage, or has experienced a cyber incident, updating your Cyber Liability Insurance is critical.

                      7. Annually, as Part of Risk Management Planning

                      Even without major business changes, reviewing your Life Science Liability Insurance annually ensures that your policy reflects current industry risks, new regulatory landscapes, and changes in insurer offerings. Axis Insurance helps businesses proactively assess their risk exposure and recommend policy adjustments to maintain comprehensive protection.

                      Regular insurance reviews ensure that your business remains protected as it grows and adapts to new challenges. By working with Axis Insurance, life sciences companies gain access to specialized expertise, ensuring that their coverage evolves alongside their industry.