Marsh's Global Life Sciences Practice's expertise ranges across all segments of the industry. We provide world-class risk services and cutting-edge solutions for organizations in pharmaceutical, drug wholesale, nutraceutical, biotechnology, medical device and supply, and contract research.

Marsh helps organizations like yours address their needs in this area. Tailored solutions are described below. For more information on all our offerings on this topic plus reports, articles and press releases, visit our Life Sciences homepage.


Life Sciences

The 20th century marked a period of astonishing breakthroughs in life sciences, including medical and scientific advances that benefit all of humanity. The 21st century may prove to be just as extraordinary, with new innovations and discoveries emerging from labs and research centers every day.

Though the industry is one of the world's most profitable, it is not immune to the array of risks that can threaten its ability to compete. Patent expirations, product counterfeiting, industry consolidation, pricing pressure from managed care providers and governments, and consumer flight to Canada or the Internet for drug purchases are exposures that can have a crippling impact on an organization

Marsh's Life Sciences Practice provides risk avoidance and containment solutions for organizations in the biotechnology, medical device, pharmaceutical, and contract research fields. Our dedicated life sciences team works with clients to develop and implement risk management plans tailored to an organization's goals through services that include:

  • Traditional risk-transfer programs;
  • Directors and officers liability;
  • Product Liability;
  • Intellectual property; and
  • Clinical trials liability

In addition, Marsh offers a consultative approach to risk management to help life sciences organizations better manage their risk exposures. Through our Business Risk Assessment process, we analyze an organization's full spectrum of hazard, operational, strategic, and financial risks, then develop solutions to avoid, mitigate, or transfer those risks.

Marsh's consultative services also include:

  • Supply chain risk analysis;
  • Business continuity management;
  • Crisis management, including product recall;
  • Merger and acquisition risk management due diligence;
  • Intellectual asset management, including risk analysis;
  • Mass tort consulting; and
  • Brand protection.

The Life Sciences Practice of Marsh is made up of the leading minds in the business-dedicated professionals with the experience to understand both the world of insurance, and the complex world of life sciences.

Marine Cargo: Retail Stock-Throughput
Views: 23969  |  Comments: 0  |  Category: Solutions  |  Published: 26-Jun-2012
Marine Cargo: Retail Stock-Throughput
Stock-throughput protection provides “all risk” coverage for goods and/or merchandise on a “cradle to grave” basis.  Read More >>
Marine Cargo: Life Sciences
Views: 21814  |  Comments: 0  |  Category: Solutions  |  Published: 26-Jun-2012
Marine Cargo: Life Sciences
We work with our Life Sciences Practice to provide expertise and solutions to organizations in the marine cargo, biotechnology, pharmaceutical, and medical devices industries.  Read More >>
Protecting Valuable Products—Stock Throughput Policy
Views: 22771  |  Comments: 0  |  Category: Solutions  |  Published: 26-Jun-2012
Protecting Valuable Products—Stock Throughput Policy
A stock-throughput policy is designed to provide coverage for products in transit and in storage and eliminate potential gaps in coverage.  Read More >>
RCO Corporate Response
Views: 37914  |  Comments: 0  |  Category: Solutions  |  Published: 07-Feb-2012
RCO Corporate Response
RCO Corporate Response provides insurance coverage for pharmaceutical, life sciences, and health care corporate officers who may be held liable under the Responsible Corporate Offi  Read More >>
Intellectual Property and Critical Information Protection
Views: 25154  |  Comments: 0  |  Category: Solutions  |  Published: 17-Jun-2011
Intellectual Property and Critical Information Protection
Marsh Risk Consulting (MRC) has developed a comprehensive methodology to help organizations protect their IP and critical information.  Read More >>
Business Continuity Management
Views: 24614  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Business Continuity Management
A sound business recovery plan is crucial to help prevent a minor disruption from turning into a catastrophe.  Read More >>
Product Recall
Views: 25194  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Product Recall
MRC’s Product Risk Practice provides solutions across the entire product lifecycle.  Read More >>
Product Liability
Views: 24593  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Product Liability
In the event of a product liability suit, Marsh Risk Consulting provides a broad range of services to clients and their defense counsel.  Read More >>
Intellectual Property
Views: 24104  |  Comments: 0  |  Category: Solutions  |  Published: 02-Apr-2007
Intellectual Property
As a result of the worldwide shift from a manufacturing bricks and mortar economy to one based on knowledge, more importance is being placed on an organization's intangible assets,  Read More >>