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
◆

Product liability for approved drugs and medical devices

◆

Clinical trial liability for investigational products

◆

Intellectual property and patent infringement litigation

◆

FDA regulatory action and product recalls

◆

Environmental liability for manufacturing facilities

◆

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)
Explore More

Related Coverage & Locations

Start Here

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
01
Discovery
We sit down with you and ask the questions most brokers never do — your assets, your family, your business, your goals.
02
Strategy
We map your full risk picture and design a coordinated program that strengthens coverage and reduces your total cost of risk.
03
Execution
We place your program with elite carriers and handle every detail — applications, underwriting, and transitions.
04
Ongoing Optimization
Your advisor reviews your program as your life evolves — new assets, new ventures, new exposures — so coverage never falls behind.