Life Science

Event Recap: Insuring Life Sciences—Smart Strategies for Legal Leaders

The life science industry is all about navigating a new world of discovery. However, protecting such companies can be nuanced. Research and development investments are costly, regulations are ever-evolving, compliance may vary depending on where trials are conducted, and emerging cyber security risks can be daunting. Above all else, properly protecting intellectual property can make or break a company’s competitive advantage. To address these issues and help legal leaders develop smart strategies for the companies they represent, Newfront put forth a cross-disciplinary team for a special event. 

The presentation, titled “Insuring Life Sciences: Smart Strategies for Legal Leaders,” was hosted at the Association of Corporate Counsel’s 2023 Life Sciences Conference. Four of Newfront’s subject matter experts spoke at the event: Christina Varner, Senior Vice president and National Life Science and Digital Health & Telemedicine Practice Leader; Eric Long, Executive Vice President and Life Science Practice Leader; Joni Jennings, CPC, CPFA, and Retirement Services Compliance Manager; and Arturo Perez-Reyes, Senior Vice President and Cyber Lead Strategist. The team was joined by Heather Turner, CEO at Carmot Therapeutics, a Newfront client.

This presentation covered strategies for clinical trials, D&O coverage, and IP infringement, including:

  • What to consider when purchasing clinical trial insurance and choosing an insurance broker

  • Public company D&O claim trends and the current market environment for life science companies

  • Trending intellectual property risks, the state of IP litigation, and how to manage and protect IP

  • The top 10 best practice insurance management processes that life science companies need to know about

Watch the talk in full here:

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