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Life Sciences Risk Management

Life Sciences Risk Management

 

From the initial discovery phase to final product launch

Life Sciences companies face numerous and unique challenges as their life cycles evolve. How these risks are mitigated and identified can be the fundamental difference between financial success and business failure.

 

Solutions across the Life Cycle Risk Continuum

Brochure

Based on deep industry knowledge and years of experience, Aon‘s Life Sciences Practice offers a range of risk management solutions across the entire life cycle risk continuum. Coverage is designed to address specific industry requirements such as market trends and pricing, contract language, individual market risk appetites and how the Life Sciences industry views risk. Our Life Sciences client base consists of over 400 clients that range from early stage research & development companies to the largest life sciences companies in the world.

 

Aon’s differentiating approach

  • A flexible, customized approach for each individual client
  • Global reach and presence in every region and market in the world (500 Aon offices in 120 countries)
  • Management of controlled global master programs with certificate issuance in almost every country around the world
  • A proprietary database of global clinical trials regulations (Aon’s 5th edition of the Clinical Trials Risk Map highlights clinical trials insurance regulations and complexities for over 80 countries).
  • Coordination and timely delivery of clinical trial certificates with trial managers and CROs globally to satisfy regulatory and ethics committee requirements
  • Adherence to industry best practices and the ability to replicate successful risk management strategies
  • Use of key benchmarking and actuarial analytics to support decision-making for program structures such as limits, retentions and pricing
  • Access to top-level executive underwriters at leading Life Sciences insurance companies