Life Sciences

As the boundaries of technology, research and development are constantly pushed in the life sciences, this industry, by the very nature of the pace of advancements in it, carries considerable risk. JLT Asia is dedicated to providing solutions to help manage the risks in the life sciences.

Over the past three years, there have been unprecedented changes within the insurance and reinsurance market, due to developments in the pharmaceutical industry. In addition, insurers and reinsurers have been affected by a series of product liability losses emanating from the US and European pharmaceutical industries, with its effects reverberating throughout the sector globally.

At JLT Asia, we believe that the insurance and reinsurance market for this class of business will continue to be tough, particularly from a customer perspective.

We are proud of our very broad and prestigious client base within the life sciences sector. Not only are we brokers for nine of the top 20 global pharmaceutical companies, we also work closely with medical product manufacturers and biotech companies.