Pharmaceutical & Biotech

Specialized Insurance for Life Sciences Companies

Pharmaceutical and biotechnology companies face some of the highest-severity risk in commercial insurance. Product liability for approved drugs, clinical trial liability, and intellectual property litigation can generate claims in the hundreds of millions. Neil Jesani Risk Management serves pharma and biotech companies with tailored programs from R&D through commercialization.

Industry-Specific Risks

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Product liability for approved drugs and medical devices

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Clinical trial liability for investigational products

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Intellectual property and patent infringement litigation

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FDA regulatory action and product recalls

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Environmental liability for manufacturing facilities

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Key person dependency for research scientists

Recommended Coverage

Product Liability

Professional Liability / E&O

Directors & Officers (D&O)

Cyber Liability & Data Breach

Commercial Property

Key Person Life Insurance

Industry Statistics

$46M

Avg Pharma Product Liability Verdict

$250K+

Clinical Trial Insurance Cost (Phase III)

4,500+

FDA Drug Recalls (Annual)

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Related Coverage & Locations

Directors & Officers (D&O) Insurance

D&O insurance protects corporate directors and officers from personal liability arising from management decisions.

Professional Liability / Errors & Omissions (E&O)

Professional liability insurance covers claims arising from errors, omissions, or negligence in professional services.

Key Person Life Insurance

Key person life insurance provides financial protection when a business loses a critical executive, founder, or revenue-producing employee.

Product Liability Insurance

Product liability insurance covers claims arising from products that cause bodily injury or property damage to consumers.

Manhattan, NY

UHNW Insurance Advisors in Manhattan

Princeton, NJ

Wealth Protection Insurance in Princeton

New Jersey

Comprehensive Insurance Services Across New Jersey

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Protect Your Pharmaceutical & Biotech Business

Our team specializes in building comprehensive insurance programs for pharmaceutical & biotech companies. Contact us to discuss your specific risks and coverage needs.

Call (800) 755-3469

Discovery

We sit down with you and ask the questions most brokers never do — your assets, your family, your business, your goals.

Strategy

We map your full risk picture and design a coordinated program that strengthens coverage and reduces your total cost of risk.

Execution

We place your program with elite carriers and handle every detail — applications, underwriting, and transitions.

Ongoing Optimization

Your advisor reviews your program as your life evolves — new assets, new ventures, new exposures — so coverage never falls behind.