Management Liability

UNIQUE, MULTI-FACETED PROTECTION DESIGNED FOR THE INNOVATIVE LEADERS OF THE LIFE SCIENCE INDUSTRY

Public Company - D&O

Public life science companies face exposures that are unique when compared to a typical public company.  In addition to the regulatory challenges of a classic public company, life science companies also need to balance the demands of rigorous scientific experimentation, FDA oversight and capital needs with public and private payer reimbursement dynamics.

LS Prime® offers management liability coverages tailored to protect public life science companies and their executives:

  • Directors & Officers Liability
    • Primary Liability
    • Excess Liability

Private Company - LS Prime® Corporate Safeguard

LS Prime® Corporate Safeguard is designed to respond to critical life science industry risk factors, thereby ensuring that senior executives of life science companies can focus on science, rather than the cost of responding to regulatory, shareholder and other legal challenges.

LS Prime® Corporate Safeguard offers an innovative suite of management liability coverages tailored to protect private life science companies and their executives:

  • Directors & Officers Liability
    • Primary Liability
    • Excess Liability
  • Employment Practices Liability
  • Fiduciary Liability

Innovative life sciences coverages and policy features offered include:

  • First Response Coverage - covers investigation costs including costs of responding to Foreign Corrupt Practices Act inquiries
  • Broader coverage for life science executives and officers – includes affirmative coverage under the Responsible Corporate Officer Doctrine
  • Abatement Coverage - affirmatively protect intellectual property rights

Management Liability Tools and Resources