Life Science Insurance Solutions

Specialised insurance solutions for biotechnology, pharmaceutical, medical device, and clinical research businesses.

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Life Science Insurance Solutions

Specialist Insurance for Australia’s Life Sciences Industry

At CPS General, we understand the unique risks faced by businesses operating in the life sciences sector. From biotechnology and medical technology companies to pharmaceutical manufacturers, research organisations, and clinical trial sponsors, we provide tailored insurance solutions designed to protect innovation, research, and commercial success.

The life sciences industry operates in a highly regulated environment where product development, clinical research, intellectual property, and global operations create complex risk exposures. Our experienced team works closely with businesses to arrange appropriate insurance protection that supports growth while managing risk effectively.

Who We Cover

We provide insurance solutions for:

  • Biotechnology companies
  • Pharmaceutical businesses
  • Medical device manufacturers
  • Clinical trial sponsors
  • Contract research organisations (CROs)
  • Healthcare technology companies
  • Laboratory and research facilities
  • Life science start-ups
  • Diagnostic and testing companies
  • Universities and research institutions

Supporting Innovation with Confidence

Whether you are developing breakthrough biotechnology, conducting clinical trials, manufacturing medical devices, or commercialising life-changing products, CPS General can help protect your organisation against complex industry risks.

Warren Joslin is our key Life Science Team Contact ready to tailor a Life Science Insurance solution for your business.

Life Science Insurance Solutions

Key Insurance Covers for Life Science Businesses

  • Product Liability Insurance

Life science companies face substantial product liability exposures due to the development, manufacture, and distribution of products that directly impact health outcomes.

Cover may include:

  • Product liability claims
  • Product recall expenses
  • Defective product protection
  • International product distribution risks
  • Regulatory defence costs

  • Property and Business Interruption Insurance

Protect critical business assets, laboratories, specialist equipment, manufacturing facilities, and research infrastructure from unexpected events.

Cover may include:

  • Laboratory equipment
  • Research facilities
  • Stock and inventory
  • Business interruption losses
  • Equipment breakdown

  • Professional Indemnity Insurance

Protect your business against claims arising from professional services, advice, research activities, technical consulting, and scientific expertise.

Suitable for:

  • Researchers
  • Consultants
  • Scientists
  • Medical technology providers
  • Contract research organisations

Additional Options for Life Science Insurance Cover!

  • Clinical Trials Insurance

Clinical trials involve significant regulatory, legal, and operational risks. We can arrange insurance solutions to protect sponsors, investigators, and research organisations against liabilities arising from clinical trial activities.

Cover may include:

  • Clinical trial participant injury

  • Trial-related liability claims
  • Global clinical trial programmes
  • Ethics committee requirements
  • International compliance requirements

  • Cyber Insurance

Life science organisations manage sensitive research data, patient information, intellectual property, and confidential business records. Cyber insurance helps protect against evolving digital threats.

Cover may include:

  • Data breaches
  • Ransomware attacks
  • Cyber extortion
  • Business interruption
  • Privacy liability
  • Incident response costs

  • Directors & Officers (D&O) Insurance

Directors and senior executives can be personally exposed to claims relating to governance, compliance, funding activities, shareholder actions, and regulatory investigations.

Cover may include:

  • Management liability
  • Regulatory investigations
  • Shareholder claims
  • Employment practices liability
  • Defence costs

Why Choose CPS General?

 Industry Understanding

We recognise the specialised risks associated with biotechnology, pharmaceuticals, medical devices, clinical research, and healthcare innovation.

Tailored Insurance Solutions

No two life science organisations are the same. We work with clients to develop insurance programs aligned with their business activities, objectives, and risk profile.

Claims Support

When a claim occurs, our team provides guidance and support to help achieve the best possible outcome while minimising disruption to your operations.

Risk Management Focus

Our approach goes beyond insurance placement. We help identify emerging risks, regulatory challenges, and operational exposures affecting life science businesses.

Life Science Insurance Solutions

Steps to get you covered

Get in Touch

The dedicated team of specialists at CPS will assist you on a wide range of personal and commercial insurance products. Phone 02 9493 7999, email info@cpsgeneral.com.au or send enquiry form.

Understand your needs

We aim to understand your business, and have the right people who have a wealth of knowledge & practical experience to ensure you get the best possible protection for your business or personal valuables.

Quote

Our team crafts personalised insurance quotes, ensuring comprehensive coverage that brings you peace of mind for your valuables and business. We make getting covered easy.

Professional Team

Whether you need guidance on policies, coverage specifics or just friendly advice for your business, we are here to simplify the process and are committed to understanding your needs.

Our range of products are designed to help you, they include:

Passionate – Dedicated – Professional

what people are saying

I was recommended to CPS General by my accountant. Debra Horton at CPS is the most patient and professional person I have come across in years. Going through my options, keeping me updated and making herself available to answer my many phone calls and emails.

Highly recommend Debra and CPS General.

Roger Havercroft

I’ve had excellent ongoing service for many years from Debra from CPS. She has been incredibly patient and thorough in making sure that I always have the correct coverage for my situation.

Rebecca Fink

CPS and Leah in particular helped me find an insurance provider in my role as a contracting High Risk Work Trainer and Assessor, at a very completive rate. I am grateful for their erudite and prompt assistance.

John Bursill

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