Why D&O insurance for life sciences?
Directors of life sciences businesses carry a huge weight of responsibility, and yet many companies, especially in the start-up phase, may not recognise the true value of a directors’ and officers’ policy.
In a fast-moving, complex, and highly-regulated industry such as life sciences, it’s important to protect your key people legally, because they are personally responsible for every decision made regarding the company.
Inadequate D&O cover could put the company’s assets and the personal assets of the directors and officers at risk.
In the specialist guide, Gallagher outline what D&O insurance is, what it covers, and why it’s so important in the life sciences sector.
