Skip to main content

As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.

Life Sciences

Marsh McLennan Agency has the expertise to bring smart risk management solutions to life for life sciences companies.

Your business is dynamic. Our solutions keep pace and will enable you to pursue your goals and ambitions without limits.

Few industries are as rewarding—and risky—as the life sciences and medical technology. From product liability and supply chain issues to clinical trials, the stakes are high. Marsh McLennan Agency provides a total portfolio of insurance offerings designed not only to protect you, but to help you succeed. They are delivered by a dedicated life sciences team led by industry professionals with an unparalleled understanding of medical technology.

  • Dedicated, veteran team with industry-focused experience
  • Extensive life sciences and med tech marketplace knowledge
  • Strong carrier partnerships

Life Sciences Industry Services

We think strategically and customize our services to help you proactively manage risks and propel growth.

Mergers and Acquisitions Support

Insurance and risk due diligence.

Contract Review

Reframing the complex to comprehensible.

Business Risk Analysis

Understand and prevent bad things from happening.

Claims Analysis, Support, and Advocacy

A dedicated team when you need them the most.

Employee Health and Wellness Management

Resources and programs to attract and retain top talent.

HR and Benefits Regulatory Compliance Support

Stay up to date on taking care of your people.

Alternative Risk Evaluation and Options

Alternative risk evaluation and options include qualified self-insurance, large deductible plans, retro plans, self-insured retention plans, risk retention groups (RRG), industry affinity programs, and dividend plans.

Supply Chain Mapping

Documenting and planning across your network of suppliers.

Safety Culture Development

Foster a safe work environment and advocacy among your employees.

Pre-hire Through Post-hire HR Support

Relieving you of time-consuming administrative tasks.

Leadership and Employee Training and Screening

Strengthen and grow your greatest asset—your people.

Risk Mitigation for Clinical Trials

Whether foreign or domestic, we will help with the complexities of risk through all stages of growth.

California – Beyond Benefits Trust

As one of Marsh & McLennan Agency’s proprietary programs, The Beyond Benefits trust (exclusive to Biocom California members) gives Life Science employers with over 100 employees access to a competitive benefits program with unique coverages at exceptional rates, allowing member companies to attract key talent and protect their bottom line. By pooling together the healthy demographic of California Life Sciences employers under one common entity, Beyond Benefits, employers have the purchasing power and leverage to provide long-term rate stability, rich plans, and value-added services to their employees.

California – FUSE Life Science

In partnership with AlphaStaff, this offering provides an exclusive ecosystem designed to streamline all matters pertaining to HR and Human Capital Management. By combining our expertise with AlphaStaff’s cutting-edge technology and HR support services, your team will enjoy the best of both worlds including access to industry-leading benefit plans with large group rates, payroll administration and HRIS, W-2 processing, and HR best practices, resources and tools.

Tailored Coverages for Life Sciences

  • Clinical Trials Insurance
  • Product Liability Insurance
  • Supply Chain and Inventory Management Insurance
  • International Insurance
  • Business Income Insurance
  • Management and Professional Liability Insurance
  • Errors & Omissions (E&O)
  • Cyber Liability Insurance
  • Directors & Officers Liability Insurance (D&O)
  • Property Insurance
  • Workers' Compensation Insurance
  • Employment Practices Liability Insurance
  • Auto and Crime Insurance
  • All Lines of Employee Benefits Plans

 

Meet Erin, a specialist in life sciences risk.

Erin Schultze

Director, Life Science Programs
San Diego, CA