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Life Science Device

More than just a policy, we give you a comprehensive risk management program. Do you need worldwide coverage? Or Product Recall? We tailor insurance protection to secure all the various operations for clients in the Life Sciences Industry, Medical Device, Bio Technology Firms, In Vitro Diagnostic Products and Pharmaceutical Companies.

One of the benefits of Spectrum’s focus on the medical device and bio-tech industry is that clients can get information over our site and directly through personal contact and education seminars that address risk management strategies for new products and employer benefit and safety plans.

Our Life Sciences division has developed a strong expertise in structuring insurance and risk management solutions for our clients in the pharmaceutical, medical device and biotechnology industries. We specialize in creating customized strategies for all phases of business development, from startup through commercialization. Our team has over 20 yrs of qualified experience that affords  us preferred standing with the leading life science insurers and a seamless level of customer service.

Consultative Services & Specialized Expertise

  • Clinical Trials coverage placement both Domestic & Foreign
  • Supply chain risk management
  • Crisis management, including product recall
  • Traditional risk transfer programs
  • Directors and Officers liability
  • Intellectual property and asset management