The BioScience sector is becoming increasingly populated by smaller R&D labs and innovative startups, all while larger pharma and biotech companies are focussed on acquisitions and consolidation.
This, together with the need for longer and larger clinical trials, increased regulation and regulatory compliance, economic and legislative issues, the challenges of contract manufacturing, attracting funding, and the need for secure data and IT networks, are just some of the other emerging challenges that the bioscience sector is facing.
Change is one way to describe these shifts – increased risk exposure for emerging ventures is another!
Do you have the appropriate coverage in place to protect your venture from such risk exposure?
To consider this increasingly important topic for growth ventures, Emergence, with partner BioNova, will host a Risk Management seminar for bio-sector innovators and entrepreneurs in Halifax, Nova Scotia. Click here to register!
The seminar will be lead by Emergence Partner, JLT Canada. The seminar focus will help participants better understand how appropriate insurance can mitigate risks for bioscience companies associated with:
- Product Liability,
- General Liability,
- Directors & Officers,
- Key Persons,
- Clinical Trials,
- Stock Throughput and
- Cyber-related threats.
Representatives from JLT Canada will be presenting along with colleagues from Trisura Guarantee Insurance Company, who will explain the importance of risk transfer when considering cyber risks and network security and privacy breach related challenges.
- When: Thursday, 22 February 2018
- Time: 11:30 AM – 1:00 PM AST
- Location: 1344 Summer Street, Halifax, NS B3H 0A8
- Click here to register!
Emergence Partner, JLT Canada, a member of JLT Group, is one of the world’s leading providers of insurance, reinsurance, and employee benefits related advice, brokerage and associated services. With seven offices across Canada, 190+ employees, and access to network partners from across the globe, JLT offers clients a combination of flexibility and expertise. JLT’s deep expertise and entrepreneurial culture gives them the insights, creative freedom and tenacity to go beyond the routine and deliver better results for clients.
According to Emergence Director, Martin Yuill: “Innovation in the bio economy is all about strong collaboration and partnerships, such as we are seeing with this partnered event between Emergence and BioNova.”
Yuill says that the growth in the number of Emergence clients across the Atlantic region has created the demand for this type of seminar.
“This partnered event in Halifax is a direct response to the growth in the number of Emergence clients spread across the Atlantic region.”