Managing risk, Down to a Science

Life sciences can be big business. See how our tailored, cost-effective risk management solutions can help protect—and grow—yours.

Cook Maran is the Life Sciences risk adviser you can count on.

Real Industry Experience

With backgrounds that include years in medical device and pharmaceutical manufacturing, our professionals understand your business—and its risks—from the inside.

comprehensive coverage

Specialty lines include property/supply chain, human clinical trials, errors and omissions, medical malpractice, non-damage business interruption and product recall.

Serving the Life Sciences Spectrum

Medical device manufacturers, pharmaceutical/biotechnology and dietary supplement companies, healthcare product service organizations, and analytical laboratories count on Cook Maran.

Consultative Approach

We closely review your existing coverage, pinpoint where you may be needlessly exposed and create a custom risk management solution to help better protect your business.

Strong Carrier Relationships

We leverage our relationships with major life sciences insurance carriers such as Chubb, CNA and Travelers to ensure you receive the best coverage at the lowest cost.

Dedicated Claims ADVOCATES

Our specialized team uses their in-depth industry knowledge to streamline the claims process, manage complex or serious claims and negotiate with your carrier when necessary.

A continuum of coverage for your changing business needs.

No matter where in the life sciences life cycle your company stands, we’ll help you navigate its inherent risks and successfully transition to the next stage.

Research & Development

At this stage, it’s critical to have:

  • Effective off-site duplication for chemical and microbiological analyses.
  • A robust facility protection plan.
  • Safeguards against the potential theft of proprietary research and development information.

clinical TRIALS

Patient safety is paramount. Firms must:

  • Properly design and execute manufacturing processes.
  • Protect against contamination and/or adulteration.
  • Have a first-rate informed consent process with trial safety protocols and monitoring systems.

Production & Marketing

Now it’s imperative to:

  • Build engineering controls to prevent inappropriate product uses.
  • Properly manage supply chain dependencies and identify alternative component sources.
  • Conduct legal, medical affairs and safety-surveillance reviews of promotional materials.
  • Create a safety surveillance team that’s autonomous and authoritative.