The life sciences sector is one of the most innovative and fast-moving industries in the UK. From biotechnology startups to global pharmaceutical companies, organisations operate in a highly regulated, high-risk environment where even small issues can have serious consequences. That’s where biomedical and life science insurance becomes essential. It is not just a safety net,…
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The life sciences sector is built on innovation. From breakthrough medicines and cutting-edge medical devices to biotechnology research and therapies and software-driven healthcare technology, the life science industry plays a crucial role in protecting public health and advancing treatment worldwide. However, with innovation comes risk. If something goes wrong – whether due to defective products,…
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Does Your Business Have Management Liability Insurance? And If You Do, Have You Arranged Employment Practices Liability? Running a business today means navigating a complex web of responsibilities, regulations, and risks. One area often overlooked is Management Liability Insurance—a vital safeguard for directors, officers, and the company itself. But having this cover alone may not…
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One of the key areas of rapid growth worldwide is the use of AI software in Medical Devices. As this area continues to expand, companies must be aware of the regulations and standards governing this area. In the UK, the regulation of AI medical device software falls under the Medicines and Healthcare products Regulatory Agency…
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In 2024, the life sciences sector in the UK is experiencing rapid growth, driven by advancements in medical device technology, from AI-powered diagnostic tools to smart health wearables and minimally invasive surgical instruments. With this innovation comes a growing need for robust and comprehensive insurance solutions. For decision-makers involved in medical device insurance within the…
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As a clinical trials insurance broker, we have the privilege of working at the crossroads of innovation and risk management. Every day, we witness the incredible strides made by researchers and pharmaceutical companies aiming to improve lives through groundbreaking therapies and treatments. However, with innovation comes inherent risks, and that’s where clinical trials insurance becomes…
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Stepping into 2024, life sciences is swiftly advancing, driven by technology and an enhanced understanding of human biology. We are excited to see the world of life sciences progressing and how will this affect medical professionals. This blog is written with the information provided by – Life Science Trends to Look Out for in 2024…
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Insurance is essential for pharmaceutical companies operating in the highly regulated Life Sciences industry. All Med Pro provides tailored insurance solutions, enabling pharmaceutical companies to navigate complexities and focus on advancing healthcare and improving patient outcomes. The purpose of this guide is to assist you in comprehending the insurance requirements necessary for your company. …
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The life science industry is continuously evolving, and every year new trends emerge that shape the future of healthcare. In 2023, we can expect to see significant advancements in AI, research and development, digitalisation, personalised medicine, and supply chain strategy. In this blog post, we will explore each of these trends in more detail and…
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Health and care systems worldwide are facing escalating pressures, making the use of digital technology more critical than ever before. The service has also become increasingly popular in recent years due to the COVID-19 pandemic, as it offered a safe and convenient way for patients to receive medical care from the comfort of their homes.…
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In 2009 Simon began his insurance career in general commercial insurance advising and broking. During his time working within general practice, Simon took a professional and personal interest in medicine and biochemistry. Building upon this interest, he has developed experience and understanding of varying life science businesses and their complex risk management requirements. During his…
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Thank you to those who attended our webinar ‘Understand Intellectual Property and how to protect your business in a litigious landscape’. We were thrilled to welcome Maddi Brown from CFC and Philippa Roberts of Withers & Rogers as our guest speakers. Our four main takeaways from this session were: The…
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This week sees me into my fourth year here at All Med Pro, and what a whirlwind few years it has been. There have certainly been some challenges. I was brought into our business in August 2019, my task from the board was to set up, develop and manage our Life Sciences department, and grow and…
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Is your business a Contract Research Organisation? All Med Pro can look after your business by providing a competitive, comprehensive, robust insurance programme. We understand that CROs provide comprehensive services to pharmaceutical, biotech, digital health and medical devices businesses. CRO’s provide a suite of consultative and research services. Arising from their professional services, a CRO…
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If you are in the business of Life Sciences, it’s important to understand how a hold harmless agreement may effect your company. This type of agreement is often written into contracts and its purpose is to relieve a party of liability. If you are not familiar with hold harmless agreements, it’s important to seek legal advice…
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HM Revenue & Customs Research and Development relief supports Life Sciences and Technology enterprises working on cutting edge and innovative projects. It can be claimed by several companies striving to research and develop an advancement within their sector. It can even be claimed on projects which have turned out to be unsuccessful. In order to make a successful application, a company must demonstrate that they: looked…
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I sometimes wonder, how many people in their 40’s step back and think about their chosen careers? This is something that I’ve asked myself many times before. How did I find my way into my career? And how does my current role match up against the aspirations I once had for myself as a child?…
Read more Last week Kirsten Shastri and I caught up for a conversation about Life Sciences insurances. For those that don’t know Kirsten; Kirsten is a highly proficient specialised Life Science and Healthcare insurance underwriter. Kirsten is located in London at Beazley UK, where she set up the International Life Sciences offering in 2019, within their London…
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