Life Sciences Insurance Recovery

Experience

Reed Smith is a leader in the representation of life sciences companies around the world.  Our insurance recovery attorneys are an important part of the services that Reed Smith provides to pharmaceutical, medical device, diagnostics and bio-tech companies.  Reed Smith attorneys have extensive experience assisting and advising life sciences companies in all aspects of their relationships with insurance companies.

Breadth of Representation

As one of the world’s largest law firms, Reed Smith represents the gamut of life sciences companies, from most of the world’s largest pharmaceutical companies to start-up bio-tech companies.  We understand that insurance is an important piece of the portfolio of assets of any life sciences company.  Without insurance, our clients could not function.  Product liability, directors and officers, clinical trials, property, crime and fidelity—the variety of policies seems endless.  Yet within our group, you will find we have attorneys with experience in every significant insurance policy sold.  And, given the global nature of the life sciences business, the Reed Smith Insurance Recovery Group is uniquely situated to address insurance issues wherever they arise. 

Wide Range of Services

The Reed Smith Insurance Recovery Group assists life sciences clients in myriad ways, not just when a claim arises.

Renewals:  We evaluate your policies and help you negotiate for the best policy language

Mergers & Acquisitions:  We assist in due diligence, analyze and assess insurance assets, ensure that the rights to coverage are assigned appropriately, and evaluate and pursue legacy claims

Contracts:  We review contracts and assist in drafting and revising provisions so that insurance and indemnity provisions work together.

Claims:

  • Assess the potential for coverage
  • Focus the claim to maximize coverage
  • Advocate for coverage
  • Negotiate resolutions of disputes
  • We litigate and arbitrate when necessary