Life Sciences

Lifesciences-imageExperience, scale, and reach to global markets is just part of what defines Marsh & McLennan Agency as the premier global provider of advice and solutions in risk, strategy, and human capital—enabling us to service any benefit or property and casualty need, nationally or internationally.

In the Life Science industry, you need a risk management partner who understands your risks and provides more than impeccable insurance program design and placement. You need a partner who can keep pace with your business and anticipate your current and long-term needs. A partner who acts strategically, with a deep level of understanding that only comes from experience inside the industry.

MMA can provide the following and more to your life science, med tech, bio, pharm, or medical device company:

  • Clinical trials insurance and product liability insurance anywhere in the world
  • Supply chain and inventory management insurance, including transit
  • International insurance
  • Business income insurance including extra expense
  • Management and professional liability insurance
  • Directors & Officers liability insurance (D&O)
  • Errors & Omissions insurance (E&O)
  • Research property and test animal valuations
  • Employment practices liability insurance
  • M&A support – insurance and risk due diligence
  • Contract review
  • Business risk analysis
  • Claims analysis, support, and advocacy
  • Wellness, health management, and employee wellbeing strategies
  • HR and benefits regulatory compliance support and guidance
  • Alternative risk evaluation and options, including captives
  • Safety culture development
  • Pre-hire through post-hire HR support

We are the premier business partner for companies through all stages of the company life cycle from research and development through commercialization. In addition, our team helps life science companies transition to the next step in their development (acquisition, divestiture, licensing of technology, or continued growth).

Our Life Science Practice comprises over 700 colleagues and more than 1,000 client companies worldwide. The role of this practice includes:

  • Negotiating leverage with premier Life Science insurance companies
  • Access to expertise within Marsh & McLennan Companies

We provide strategic advice and solutions for organizations in:

  • Diagnostics
  • Medical Devices
  • Drug Development
  • Products and Instrumentation
  • Contract Manufacturing
  • Laboratories
  • Pharmaceuticals
  • Ag Biotech