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Risk, Insurance & Advisory Solutions for Life Science Companies

Delivered by NFP, an Aon Company | Available to Member Companies

NFP serves as an advisor and advocate, helping companies make informed risk decisions aligned to their business goals.

Members working with NFP benefit from:

  • Access to preferred pricing, typically 10–25% below market benchmarks
  • Deep life sciences risk and insurance expertise
  • Advisory support designed to strengthen governance, resilience, and long‑term decision‑making

 

About NFP, an Aon Company

Life science companies face complex and evolving risk—across clinical development, global operations, data, and governance. NFP works alongside leadership teams to help identify, structure, and manage risk across every stage of growth.

Through our collaboration with BIO Business Solutions®, eligible BIO and state life science association members can access NFP’s specialized capabilities, market reach, and advisory support—at preferential program pricing.

Coverage & Advisory Solutions

Property & Casualty Insurance

NFP designs coverage strategies aligned to how life science organizations operate, including:

  • Product liability and clinical trial coverage
  • General liability, property, auto, and workers’ compensation
  • Supply chain and global transit risk
  • Insurance related contract and vendor risk review

Executive, Transactional & Governance Risk

NFP supports leadership teams and boards through targeted solutions, including:

  • Directors & officers (D&O), employment practices liability (EPL), fiduciary, and crime coverage
  • Representations & warranties insurance and IPO readiness support
  • ESG and governance advisory services

Cyber & Technology Risk

As technology and data exposure increase, NFP helps organizations prepare for and respond to cyber risk through:

  • Cyber liability coverage and privacy risk consulting
  • Incident response planning and readiness exercises
  • Data breach preparedness and AI risk assessments

Employee Benefits & Workforce Solutions

NFP works with companies to align employee benefits and total rewards strategies with growth objectives:

  • Employee health and welfare benefits including medical, dental, vision and voluntary programs
  • Industry‑specific benchmarking for biotech and innovation‑driven organizations
  • Executive benefits and key person protection strategies
  • Global mobility and total rewards consulting
  • HR technology integration to support benefits administration and compliance
Specialized Solutions for Life Science Companies
Lab products compliance and safety
LabShield™

A specialized insurance solution developed to address risks across R&D environments, outsourced research models, and virtual lab operations.

Eligible Biotech Associations