Innovation brings opportunity but also complex, evolving risks
From regulatory scrutiny and clinical trials to product liability and global expansion, Life Sciences and Technology businesses face challenges that standard insurance simply doesn’t address.
At Hayes Parsons Insurance Brokers, we specialise in protecting innovative businesses at every stage from early R&D through to commercialisation and international growth.
Who We Work With
Two Routes. One Specialist Team.
We support businesses at every stage of growth with tailored insurance solutions designed around how you operate.
For R&D Businesses
If you’re in the research and development phase with little or no revenue, our offering is built specifically for early-stage companies. You can receive a quick online price indication in minutes, with cover designed to reflect the unique risks associated with R&D activity.
For Established Businesses
For businesses that are generating revenue, scaling, or operating internationally, we provide tailored insurance programmes aligned to your operations. Our team offers guidance on complex and cross-border risks, alongside access to specialist markets that aren’t available through standard routes.
Whichever route you take our specialist team is here to guide you. Whether you’re reviewing your current broker, launching a new venture, or accelerating innovation, we’re ready to help you navigate risk and unlock what’s next.
Jake Robertson Cert CII
Client Executive
0117 930 1692 | 07719 980 261
Ethan Maule ACII
Client Executive
0117 930 1680 | 07736 929 023
Ryan Legge FCII
Commercial Director
0117 930 1698 | 07889 561 418
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Frequently Asked Questions
If you’re a company with any employees, more than one director, or you work from an office/lab, you need insurance.
If the company has any employees or multiple directors, Employers Liability insurance is required by law, it is also likely that Public Liability insurance will be contractually required by your lab/workspace provider.
Investors will often request companies have certain insurances in place, such as, Employers Liability, Public Liability, Management Liability (Directors & Officers) and Intellectual Property.
If the company consists of more than one director, insurance would be required as soon as the company is registered with companies house.
Your Lab/workspace provider will generally require you to hold Public Liability insurance, customers will also generally require Public Liability, Products Liability, Professional Indemnity and often Cyber Liability.
Yes, you can insure both the cost of defending yourself against allegations of IP infringement and the costs of pursuing third parties who have infringed upon your IP.
Yes, there different ways to do this, with the most efficient way depending on your individual circumstances, please get in touch with us if it’s something you’d like to discuss.
