Supporting Service Organisations

Our specialist insurance is designed to provide financial protection for biomedical and life sciences service providers against the many complex risks they face. 

It is essential that you make your clients aware of the liability imposed on them by Law or by contract, as well the property and business interruption risks that they face. 

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0345 351 2600

Our coverage is tailored for UK based SMEs in the following fields: 

  • Contract research organisations
  • Contract manufacturing organisation
  • Site management organisations
  • Medical laboratories
  • Dental laboratories

 

 

 

Legal liabilities

    • Liability - injury and property damage
    • Liability - financial loss
    • Clinical trials
    • Employers’ liability

Management risks

    • Entity defence
    • Directors’ and officers’ liability

Protection of assets

    • Property damage
    • Business interruption
    • Specified all risks
    • Money and personal assault
    • Transit

Extensions available

    • Public utilities
    • Denial of access
    • Restrictions to premises
    • Customers extension
    • Suppliers extension
    • Product withdrawal expense

Supporting service organisations - Claim example

Contract manufacturing organisation

A precision engineer manufactures orthopaedic implants on behalf of their customer. The implant is not manufactured to the customer’s specification. The implants are found to be defective. The losses arising from the injury claim and the loss of market of the customer are covered.

Alongside insurance solutions, we can also assist your clients with tax and funding services such as R&D tax relief, tax funding and patent box through our partner Abbey Tax. 

Download the service brochures below: 

For more information about any of these specialist tax and funding services, please contact your local Markel underwriter.