Insurance for Pharmaceuticals, Biopharmaceuticals, Nutraceuticals, Generics, Contract Manufacturing Organisations (CMO), Contract Research Organisations (CRO)
La Playa’s expert team creates high-performance insurance programmes for pharmaceutical firms – arrangements that flex with you from start-up to IPO. We can tailor each solution individually according to your need and your sphere of work. And because we have offices on both sides of the Atlantic we're the ideal insurance partner to support your growth from seedling to multinational success story.
The Pharma industry is highly dynamic and continually evolving - as are its risks and insurance needs. Business models have transitioned towards leaner, more focused enterprises. Operations have become more localised as firms respond to growth in developing markets, while the sector has generally become smarter at extracting value from the acquisitions it makes.
And while all this happens, the industry is still subject to rigorous oversight from vigilant regulators, accompanied by ever-present scrutiny by politicians keen to force more cooperative revenue models.
Getting the right risk management and insurance advice has never been more important.
Our tailored pharmaceuticals risk management & insurance solutions span:
La Playa is an independent broker, working with best-of-breed global underwriters. We’ll design a unique portfolio of insurance protection for your growing business. And if you need to make a claim, we stand shoulder to shoulder with you.
Contact us now for expert advice you can trust.
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Insurance brokers who understand and work with technology companies are a rare breed, to be highly recommended.
The service we get from La Playa is faultless. You are a pleasure to work with.
Thanks for all of your help with this, you've been incredibly helpful!
I like that you can put together a small package suitable for us as a startup and that this can easily be adapted as our needs develop without breaking the bank on the way
For smart technology insurance, you don't get much smarter.
An innovative leader in providing insurance solutions to technology businesses.
We thought that we had exhausted all options for our type of business. La Playa completely understood the field we operated in and provided us with new options - and then shopped around for us to get a better price.
[La Playa] provided world-class expertise and professional service. [They are] experts in insurance and risk management for the technology sector and managed to provide superior product and service whilst reducing cost.
These guys are the only insurance people I will tolerate speaking to these days, as they are actual humans (with both a brain and a heart!) and offer very good packages too - they answer calls and emails promptly and when I had an issue recently with my bank were very helpful to get it fixed.
We've been putting off our insurance needs for far too long, and I feel we are now in safe hands.
I always appreciate how quickly [you] respond to all our questions.
Thanks as always for your extraordinarily quick response and great customer service.
As always we come away thinking how lucky we are to have found La Playa and the people we deal with there - bet there's not many that can say that about their insurance company!
They are the best insurance company to deal with and our contacts there get 10 out of 10!
Open, friendly and supportive
Thank you so much for giving so generously of your time to contribute at the Ignite Programme - it would not be the success that it is if it were not for the commitment and dedication of contributors such as yourself.
La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your business.
As a Lloyd's broker, La Playa has solutions for even the most complex risks, and our services also include Business Protection and Employee Benefits. But what does "Boutique Service" actually look like?
1
Careful listening to really understand your needs and priorities
2
As much help as you need with completing forms to provide risk information
3
A discreet and complimentary appraisal* to assess the risks and ensure you have the right coverage where you need it
4
An independent market review - so you don’t have to shop around comparing policies, cover limits, risks covered and smallprint exclusions
5
Careful monitoring of the carriers’ financial strength, claims and customer service
6
An independent recommendation of the best policy for you - and why
7
Specialist policy wordings from underwriters who have demonstrated excellence and deep understanding of your risk exposures. We have analyzed a wide range of policy wordings and have selected only the best for our panel. Our advisors have a deep working knowledge of these policies
*subject to insurer availability
8
An intelligently designed portfolio of protection across multiple asset classes, liabilities and territories
9
Advice on how best to manage your risks - to keep you safe but also to keep insurance costs down
10
A dedicated advisor so you can speak to the same person each time.
11
Expert guidance on valuations, security and risk management, and connecting you with specialist advisors and suppliers
12
Direct phone and email access to your advisor for questions and advice.
13
Policy documents emailed to you - no logins and passwords to remember
14
An advocate beside you if you make a claim - thinking laterally to mitigate the impact, making useful connections to get you back up and running, and driving through a swift financial settlement
Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.
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