Running a business in the world of science and technology is challenging. The risks are complex and often unique to each individual company. The specialist national science and technology insurance team at Partners& can help you protect your business with smart, flexible, high-performance insurance and risk management solutions, tailoring a bespoke package to meet your needs. Find out more in our life science and technology brochures.
Who we support
Fintech
Intellectual property
Life science
Technology
Clinical trials
Pharmaceutics
MedTech
We're specialists in the Science and Tech Sector
The science and tech sector is the backbone of economic growth, with the digitisation of industry verticals driving global innovation.
The digital health revolution presents profound change and staggering opportunity, alongside a raft of new risks and liabilities. Meanwhile, the exponential growth in fintech is polishing the crown of brand UK, and developments in AI and the metaverse leave legislation and regulation in catch-up mode. Working at the cutting edge is fast paced and presents significant challenges. Code is now the prize asset, as well as a vehicle for liability, and an existential threat.
Challenges in your industry
Directors of science and tech businesses are exposed to new risks associated with data, governance, environmental and social issues, and insurance isn’t always easy to secure – bringing risk management sharply into focus.
How we support
Managing operational risk is just the starting point. Our holistic, advisory approach takes a wide-angle view of your organisational and personal risk. We can help with your cyber risk, the “people risk” in your organisation – through our wellbeing and health programmes – and provide financial protection (your “company will”) and personal insurance for owners, stakeholders and their families.
Your business performs
With our ecosystem of trusted advisers across the sector, we keep abreast of the shifting sands of emerging risk, regulation, legislation, and compliance. With this wide-angle insight and a data-driven approach, we can advise you on keeping your business safe as it grows.
Why do you need specialist science & technology insurance?
The UK is a world leader in the life science, technology, R&D, pharmaceutical and medical device industries.
From start-ups to companies with a global presence, the risks involved differ significantly and you need to talk to a specialist insurance broker who understands your world.
As a specialist with international capability, we understand the complex challenges that your business can face. Whether it’s providing insurance solutions for your upcoming clinical trial or protecting the people that make your business tick, we’re here to help.
We are one of only a few insurance brokers to have access to a range of specialist products and services aimed at the science and technology sectors.
With offices across the UK, we’re on hand to provide an in-person service wherever you’re located.
Our Science and Technology EcoSystem
OBN
Start Codon
Heligan Group
BPE solicitors
Who we support within the Science & Technology sector
Start-ups & university spin-outs
R&D companies
Medical devices & healthtech developers
Pharmaceuticals
Contract Research Organisations (CROs)
Clinical trials
Bioscience, biotech & bioinformatics
Technology companies
Information & communications technology (ICT)
Fintech
Artificial Intelligence (AI)
Telecommunications
Software & app developers
Network & system designers
Cleantech & nanotechnology
Science & technology insurance essentials
The following are key considerations for companies operating in the life science, pharmaceutical, medical device, healthcare and technology industries:
- Asset protection – buildings & equipment
- Directors & Officers liability (D&O)
- Public & Employer’s liability
- Product liability
- Clinical trials insurance
- Business interruption
- Professional indemnity
- Key person protection
- Cyber
We can also provide comprehensive support and insurance solutions for mergers and acquisitions and companies seeking funding alongside our ecosystem partners.
Our national science & technology practice
Hanna Beaumont
Science & Technology National Practice Lead
