Berkley Life Sciences LLC Releases New Risk Management Tip Sheet

Seven Steps to Boost Your Product Investigation

Capturing the facts – good or bad, favorable or unfavorable – is key to assessing a life science firm's vulnerability to liability tort claims. When facing an adverse patient outcome, a claim or a lawsuit, every life science firm needs to gather the facts to make intelligent decisions. The foundation for such decisions lies in a solid investigation.

Berkley Life Sciences LLC, the only insurance carrier focusing exclusively on the insurance needs of life science companies, announces the availability of a new risk management resource – the second in an ongoing series -- in the form of a tip-sheet on laying a solid foundation for product investigations. The tip sheet offers seven specific risk management suggestions for gathering early information and avoiding costly missteps.

This resource is now accessible to clients and broker partners via PILS (Policyholder and Insured Log-in Services) on the Berkley Life Sciences website, www.berkleyls.com.

According to Berkley Life Sciences' Kevin Quinley, Vice President of Risk Services, "No tip sheet or checklist can substitute for sound legal advice." He adds, though, that "this document is the second in a series developed by Berkley Life Sciences LLC and available to clients and business partners as a risk management resource. It is one more way we add value to the relationships we have with life science clients and the insurance intermediaries who partner with us."

About Berkley Life Sciences, LLC
Berkley Life Sciences, LLC, a member company of W. R. Berkley Corporation, is solely dedicated to serving the needs of the life science industry, providing sophisticated, innovative insurance products and services to life science customers of all sizes.

About W. R. Berkley Corporation
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance and international.

SOURCE: Berkley Life Sciences