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5/25/2022

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The Unique Risks In The Life Science Industry

 
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Businesses in the life sciences industry are always developing new ways to deliver products that solve problems. Successful medical technology, pharmaceutical, and digital health enterprises write their own prescription for success on the cutting edge of progress. Companies on the cutting edge of innovation, on the other hand, run the risk of anything going wrong. All this creates new risks and liabilities for businesses in the life science industry.
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Our risk team advises enterprises ranging from drug makers to contract manufacturing organizations to big publicly traded medical companies on all aspects of life sciences risk management and insurance. We create proven solutions and coverages that protect your investment. 
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Your Risks Are Real; Our Solutions Are Proven
  • Claims management and safety programs that are comprehensive
  • Property and casualty coverages, primary and excess
  • Management liability
  • Medical malpractice liability
  • Development and research
  • Human clinical trials 
  • Product recall insurance
  • Professional liability
  • Programs for Global Fronting
  • Supply chain and transportation risk management
  • Cyber liability solutions
  • Integrated Risk Management Programs
In the life sciences industry, we know you have to innovate to stay ahead. Companies in the industry compete and strive to be the first to develop new drugs, supplements, medical devices, and technologies that promote better health. Let us put together a specialized Life Sciences Insurance solution that minimizes loss potential and protect your bottom line.

We understand the challenges in the Life Sciences industry. There are many moving parts and things can change like the wind.  That is why we have partnered with companies that offer industry specific coverages to meet your unique needs. It doesn't matter where you are at in the process right now. Whether it's R&D, clinical trials or maybe you've already developed that game changing medical device or drug, we want to help you with your Life Sciences Insurance. 

Strive Insurance Group, Inc. (formerly Gordon Lund Insurance Agency, Inc) is an independent insurance agency representing many insurance companies.  This means that we quote with many different insurance companies to obtain the best rate and coverage for your insurance.  We do this at no additional fee or service charge to you.  Our insurance agency's reputation for representing the best insurance companies, providing excellent customer service and competitive pricing to our clients has been earned and proven for over 30 years.  We take great pride in finding you the best coverage and backing it up with prompt personal service.  
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​Strive Insurance Group, Inc. | 701 N. Central Expressway Bldg 1|Richardson | Texas | 75080 | 866.538.8174
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