Biotech & Medical Devices

Life Science Insurance & Risk Management

How well does your insurance program adapt as your business moves from research to commercialization?

Life science operations evolve rapidly. A policy written for early-stage R&D may leave a company critically exposed as it initiates clinical trials, navigates regulatory pathways, and begins distributing medical devices or therapeutics. From Colorado and beyond, we can help.

The Evolution of Risk

Anticipating your next phase of development.

We work with biotechnology firms, medical device manufacturers, and research facilities to align their risk transfer strategies with their actual operational phase. Relying on static insurance policies in a dynamic industry creates dangerous coverage gaps.

1. Research & Development

Protect valuable research equipment, sensitive intellectual property, and laboratory property from loss or interruption before a product even reaches the trial phase.

2. Clinical Trials

Navigate the complex liability and contractual obligations required when moving into human testing, ensuring adequate medical monitoring and indemnification.

3. Commercialization

Scale your coverage for the severe product liability and professional liability exposures that arise once your therapeutics or devices enter the open market.

Life Science Coverages

Targeted protection for specialized exposures.

Morton Insurance utilizes its experience and carrier relationships to help Colorado life science businesses evaluate the specific coverages required by regulatory bodies, clinical partners, and investors.

01

Products Liability

Defend against claims of bodily injury or worsening health conditions allegedly caused by your manufactured medical devices or biopharmaceuticals.

02

Clinical Trials Liability

Address the specialized liability exposures, strict regulatory considerations, and subject injury compensation mechanisms inherent to clinical testing.

03

Professional Liability (E&O)

Protect against financial damages resulting from errors or omissions in contract research, lab testing, or consulting services provided to third parties.

04

Research Equipment & Property

Cover high-value diagnostic machinery, cleanrooms, and perishable biological materials susceptible to spoilage or temperature changes.

05

Cyber Liability

Secure essential protection against the theft of proprietary R&D data, intellectual property, and sensitive patient health information (PHI).

06

Contractual Obligations

Ensure your policies align with the stringent indemnification clauses demanded by universities, research hospitals, and manufacturing partners.

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