Healthcare and Life Sciences Insurance

Healthcare and life sciences organizations operate at the cutting edge of science and face unique challenges. Evolving regulations, product liability, cybersecurity threats and supply chain interruptions all can disrupt operations or delay innovation. Whether you're a startup bringing new treatments to market, a national healthcare provider expanding services or a global pharmaceutical and medical device company, we help you identify, manage and mitigate risks.

Gallagher's been at the forefront of the life sciences industry for more than 40 years. Our dedicated Healthcare and Life Sciences insurance team combines deep sector experience with a global perspective, focused on growing and protecting your organizations. We work closely with clients across the ecosystem, including:

Biotechnology
Pharmaceuticals
Nutraceuticals
Clinical trials
Medical device manufacturers

Diagnostics manufacturers
Healthcare systems
Pharmacy programs
Clinics
Distribution centres

Risk solutions for Canada's healthcare and life sciences innovators

No two healthcare or life sciences organizations are the same and neither are their risks. We deliver a suite of healthcare and life sciences insurance and risk management services designed for the complexities of healthcare and life sciences businesses in Canada. And we tailor solutions to address your specific exposures. In addition to commercial property insurance and product recall insurance, our offerings include:

Product liability insurance

Product liability coverage is crucial for manufacturers, distributors and innovators bringing medical devices, therapeutics or biotech products to market. Product liability insurance for life sciences protects you from claims of bodily injury or property damage resulting from your products. This coverage is essential to maintaining trust with healthcare providers and patients alike.

Clinical trials insurance

Developing and testing new drugs or devices requires rigorous clinical trials. Our solutions mitigate the costs associated with injury or illness to trial participants, legal defence expenses and regulatory investigations. From early-stage studies to multinational trials, we help ensure compliance with local regulations and protect sponsors, investigators and participants from financial loss due to trial-related incidents.

Medical malpractice and professional liability

Medical malpractice and professional liability protect healthcare professionals and life sciences organizations against claims of negligence, errors or omissions. We deliver proactive risk management solutions to mitigate liabilities and empower our clients to thrive in a complex and evolving industry.

Directors and officers liability (D&O)

Healthcare and life sciences executives face exposures tied to product approvals, mergers, compliance and investor relations. D&O insurance helps protect leadership teams against claims stemming from management decisions, regulatory investigation or alleged breaches of duty.

Cyber liability

Digital health, telemedicine and cloud-based research data are redefining healthcare, but as healthcare becomes more connected, the risk of cyber attacks and data breaches increases. Our cyber liability solutions help protect sensitive patient and research data and intellectual property (IP), and support rapid recovery in case of an incident.

Business interruption

Business interruption insurance helps healthcare and life sciences organizations stay financially stable when unexpected events disrupt operations. This coverage protects critical facilities such as labs, manufacturing plants and hospitals against damage or loss, including equipment breakdowns and supply chain disruptions, helping you protect research timelines, patient care and revenue continuity.

Powering progress in healthcare and life sciences

Every healthcare and life sciences organization faces risk, but not every insurance partner can help you turn risk into an advantage. Gallagher goes beyond traditional coverage to deliver specialized solutions and unparalleled support that help you make faster, informed decisions. Our offerings include:

Client-centric service: Our dedicated Healthcare and Life Sciences insurance team provides unmatched industry knowledge. We tailor client experiences specifically to your needs, with an emphasis on collaboration, transparency and customization to ensure you're well-positioned to navigate evolving risks.

Data-driven insights and analytics: Our data and analytics capabilities — including Gallagher CORE360^® and Gallagher Drive^® — help you identify and quantify risks through extensive modelling, benchmarking capabilities and forecasting. These insights empower your team to take a proactive and optimized approach to risk management.

Stock throughput coverage: Our stock throughput coverage provides seamless protection across your entire supply chain, ensuring continuous, end-to-end coverage. This comprehensive approach helps you reduce coverage gaps and protect the full value of your research and products.

In-house claims advocacy: When an incident occurs, speed and experience matter. Our in-house claims advocacy team understands the complexities of healthcare and life sciences claims, and our specialists work directly with you to resolve claims quickly and fairly, minimizing disruption and protecting your reputation.

Global reach to support your healthcare and life sciences organization

Gallagher has a local focus backed by the global reach growing organizations require. We leverage our extensive relationships with insurance markets worldwide to secure seamless insurance solutions for healthcare and life sciences organizations. Our longtime relationships with all leading life sciences providers, access to international markets and deep knowledge of Canadian regulations mean we deliver the broadest terms at the most competitive premiums, tailored to your unique needs and compliance requirements.

Your partner in healthcare and life sciences risk management

From initial research to global patient impact, the journey of advancing health is complex. Gallagher's Healthcare and Life Sciences insurance team provides proactive and innovative solutions to support your growth and protect your mission. We provide the clarity and confidence necessary for your healthcare and life sciences organization to prioritize scientific advancement and operational excellence.