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Healthcare and Pharma
Companies in the Healthcare and Pharma sector have specialized risks inherent with their particular industry and focus. It is evident that health-related firms require professionals who are knowledgeable about your enterprise and its associated risk management. Our professionals work with your firm to mitigate risks due to product claims, economic loss, business interruption and acts or omissions and other potentially costly allegations or claims.
At Sussex Corporate Risk, we will provide a full detailed risk analysis and the recommended insurance and risk-transfer products necessary to mitigate your risk and demystify the insurance procurement process. We will also provide comment and analysis on current Licensing Agreements and waivers where applicable. We can also identify certain exposures with your Supply Chain Management and outsourcing.
We can provide competitive General Liability, Professional Liability (Errors and Omissions) and Cyber Liability insurance products for most Technology risks including:
- Biotech and Life Sciences (any stage)
- Hospitals, Medical Clinics, Fertility Clinics, Health Units
- Healthcare Services and custom CMPA synchronized insurance programs
- Medical Malpractice
- Consulting / Training
- Health Canada places a hold on your clinical trial due to serious adverse effects sustained by participants
- A tornado devastates a key supplier's plant in the southern United States, halting manufacturing at your plant which incurs a significant business interruption and loss of sales for your firm
- A bodily injury claim arises from a product that you sell or from a previous company that you acquired
- Mechanical failure of your freezers lead to the spoiling of critical cell cultures that took years of expensive research
