Life Sciences Insurance

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Life Sciences Insurance

Lawsuits involving the adverse effects of drugs and medical devices have unfortunately become commonplace. The legal landscape for companies operating in the Life Sciences sector is challenging, especially when it comes to biotech and life sciences insurance, and when considering how pharmaceutical and medical device manufacturing companies have become targets for creative plaintiff lawyers. As the rapid growth in the use of prescription drugs and medical devices continues, the importance of life sciences insurance and risk management becomes ever more prevalent.

“This letter confirms the excellent service recently provided by Michelle Thorpe and the JDIMI team. They have consistently advocated for this and have earned my trust. Words cannot adequately describe their dedication to ensuring all stake holders (namely the adjuster and insurer) within the process are accountable to the best interest of the client (me). Business hours do not exist in disasters – the JDIMI team was available and on call 24/7 as required. I am also tremendously grateful for the excellent policy designed by JDIMI. As a result of this, my focus has been getting the business up and running without added stress of an under insured or poorly written policy.”

—Kevin Sandler, President, ISA International

“The benefit of [working with] Jones DesLauriers is more direct involvement with [the] senior broker responsible for the account… the perceived advantage that a large [global] broker has in obtaining favourable pricing is largely unfounded.

We have spoken to six clients of Jones DesLauriers as part of reference checks… All referred to specific things that Jones DesLauriers had done in terms of solving an issue that precipitated their move to Jones or in identifying other beneficial changes to their program that had not previously been identified.”

—Board Memorandum, Toronto Parking Authority

“Jones DesLauriers has been our insurance broker in excess of eight (8) years… Their representatives are very knowledgeable and understanding of our insurance requirements and are very responsive on a timely basis. They provide feedback and recommendations on the most cost effective way to protect our investments.”

—Vice President, Agellan Capital Partners Inc.

“We appreciate their ability to find solutions and make recommendations based on our own corporate philosophy and attitudes. Like Menkes, they are a recognized leader in their industry and we value their contribution to the smooth operation of our company.

We would not hesitate to recommend Jones DesLauriers to other companies that are interested in working with a brokerage that truly understands their business and addresses their needs in a timely and professional manner.”

—Vice President, Finance, Menkes Developments Ltd.

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Mississauga

2375 Skymark Avenue
Mississauga, ON L4W 4Y6

Phone:	416.259.4625
Fax:	416.259.7178
TF:	1.877.232.9996

Toronto – Hull Division

77 King Street West, TD North Tower Suite 4110 P.O. Box 262
Toronto Ontario M5K 1J5

Phone:	416.865.0131

Quebec

3030 boul. Le Carrefour, Ste. 803
Laval, QC H7T 2P5

Phone:	514.447.8951
Fax:	416.259.7178
TF:	888.365.3617

Port Hope

151B Rose Glen Rd. North
Port Hope, ON L1A 3V6

Phone:	613.689.1250
Fax:	905.885.7131

Oakville

217 Speers Road, Suite 15 Oakville, Ontario, L6K 0J3

Phone:	416.238.2024

Ottawa – Risk Balance

307C Richmond Rd Unit 200, Ottawa ON K1Z 6X3

Phone:	613.225.3515

Ottawa – Binks

881 Lady Ellen Pl, Ottawa, ON K1Z 5L3

Phone:	613.226.1350

Collingwood

One First ST., Unit 220
Collingwood, ON L9Y 1A1

Phone:	705.444.0065
Fax:	705.446.1144

Toronto – Iberia

1278 St. Clair Ave., W., Unit #6
Toronto, ON M6E 1B9

Phone:	416.532.5580
Fax:	416.532.8510

Toronto – Luso

1152 College Street
Toronto, ON M6H 1B6

Phone:	416.534.8455
Fax:	416.534.8434