SECTORS
Biotechnology & Medicine
Types of pioneering biotech and medical technologies
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Bioplastics and biodegradable materials
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Engineered organisms to produce biofuels, biodegradable materials, and other sustainable products
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Biofertilisers and biopesticides that reduce the need for chemical fertilisers and pesticides
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Eco-friendly pharmaceuticals and green chemistry
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De-extinction and genetic rescue to restore and enhance biodiversity
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Vector control gene editing technologies to control spread of disease
Who needs innovative risk solutions?
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Research investors and research facility operators
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Manufacturers and distributors
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Governments and public sector organisations
Solution examples
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The ongoing development of new medicines, biotechnologies and related products poses new problems for the management and insurance of risks.
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This necessitates a deep understanding of the composition of new ingredients for such products and how the developers, producers and distributors identify and manage the inherent risks. While the clinical trials insurance market is well developed, insurers will require access to data that currently might not exist to help them develop the required breadth and quantum of protection.
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Our role is to assist our clients to understand and collate data around the technical specifications and controls they use in their product development and translate these into usable data for insurers.
Lignum Risk Partners and its team members’ work in this sector
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Consulted on reinsurance programme design and implementation for leading pharmaceutical business bringing much needed risk capital to its R&D activities
