Why D&O insurance for life sciences?
Directors of life sciences businesses carry a huge weight of responsibility, and yet many companies, especially in the start-up phase, may not recognise the true value of a director’s and officers’ insurance policy.
In a fast-moving, complex, and highly-regulated industry such as life sciences, it’s important to help protect your key people legally, because they can be held personally responsible for every decision made regarding the company. Inadequate D&O cover could put the company’s and the personal assets of the directors’ and officers’ at risk.
