Life Sciences and Medical Products Insurance

Alliant > Industry Solutions > Life Sciences/Medical Products

Life Sciences and Medical Products Insurance

As a manufacturer or distributor of life science, medical, pharmaceutical, or healthcare products, it is essential that you have an insurance brokerage firm that:

Truly understands the unique liability risks and complex property exposures your company faces.
Has the specialized products, cost-saving programs, and established market relationships to meet all your insurance and risk management needs…at the lowest possible cost.
Possesses the intellectual capital to develop customized solutions and innovative strategies that will protect against anticipated exposures, as well as those you can’t foresee.
Remains dedicated to your strategic, operational, and financial goals.

The life sciences and medical products team at Alliant Insurance Services has an unmatched ability to deliver the right solutions for the unique perils your company faces. Our team has extensive expertise with:

Medical product and equipment manufacturers and distributors
Pharmaceutical manufacturers and distributors
Dental product manufacturers and distributors
Contract/OEM manufacturers
Biotechnology companies
Emerging growth stage companies/companies conducting clinical trials
Veterinary product manufacturers and distributors

In fact, in over 95% of prospective client engagements, the Alliant team has delivered solutions that lowered rates by double-digital percentages while significantly improving coverage.

Specialized Knowledge of Life Sciences Insurance

With Alliant you’ll work with insurance professionals who are experts in the areas of risk transfer, risk management, and risk financing for companies in your industry. Our specialized knowledge and experience in your industry enables us to develop—and seamlessly deliver—the best solutions for your company’s particular issues and challenges.

Your company will benefit from:

A team with a proven record of insuring hundreds of life science, medical, pharmaceutical, and healthcare product manufacturers and distributors who have an aggregate sales exposure in the multiple billions of dollars globally.
Insurance professionals who have been involved in successfully handling hundreds of product and professional liability claims.
Insurance professionals with extensive experience in domestic and foreign clinical trials and a firm understanding of the potential impact on your company if Medical Ethics Committee requirements are not met.
Access to the Alliant Medical Product Insurance Program (AMPIP), the premier liability program of its kind in the U.S. This proprietary group-purchase program provides discounted insurance products and services to hundreds of medical product clients nationwide.
A carefully defined service and marketing process with ongoing client involvement

Insurance Coverage Audit

The Alliant team invests time up front to provide the decision-making information you need. This includes comprehensive rate, premium, classification, and coverage audit to identify and correct:

Previously unknown issues that could result in a six- or seven-figure unfunded or underfunded loss.
Program flaws that increase your cost while not providing any benefit of coverage or service.
Risk management strategies that are not performing at optimum levels.

Our process not only saves you valuable time, it enables you to quantify our results and immediately benefit from improved protection and reduced costs.

For more information, contact:

Matthew L. Cohn

(602) 707-1917

Mike Jahner

(602) 707-1915

The Specialty Leader Since 1925

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