The Risks You Face
Possible risks include:
- Death, sickness, and/or injury as a result of your products or clinical trials
- Clinical trials in foreign countries
- Regulatory investigations from the FDA and other government authorities
- Loss of R&D data, facilities or animals
- Loss of research grant money and research as a result of a loss
How We Can Help
Maloy Risk Services can help protect your business before your venture money, licensing revenue, or research grants are reduced by large scale litigation. We have designed the insurance programs for more than 300 life sciences clients…from two person start-ups to publicly traded multi-national organizations.
Our team understands the unique challenges that the life sciences industry faces, and we have specifically trained our staff in the products and needs of the life sciences industry. We continually monitor industry trends for our clients and work with our underwriters to make sure their products can meet your individual needs. We represent the major underwriters who specialize in the life sciences industry and are nationally recognized by the industry as one of the few life sciences insurance broker specialists in the US market. We have also developed special buying programs for councils and associations throughout the country, providing specialized coverage and pricing for members of the those organizations.
Programs We Structure
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Products liability
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Clinical trials liability (domestic and foreign)
- Employed lawyers
- Directors and Officers
- Side A coverage
- Employment Practices Liability
- Fiduciary Liability
Markets We Represent
At Maloy Risk Services, we work with the following industry leaders to compile the most effective and cost-efficient insurance program for your life sciences company:
- ACE
- Berkley Life Sciences
- Chubb
- CNA
- Gerling
- Ironshore
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- Hartford
- Lloyd’s
- Medmarc
- Navigators
- One Beacon
- Travelers
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Note: These markets represent a partial listing and is subject to change based on ongoing research and analysis.
About Us
Maloy Risk Services, Inc. has been a leading provider of property and casualty insurance brokerage and risk management services since 1872. Led by its fifth-generation CEO, Richard Maloy, Jr., the company has succeeded by leveraging its deep industry experience, technology and industry specialization servicing Hedge Funds, Venture Capital, Technology and Life Science companies. They are a major sponsor of the New Jersey Technology Council and other IT & Life Science industry groups and are regular speakers on panels and webcasts. Maloy Risk Services has offices in New York City, Princeton, NJ and Atlanta, GA. |
