R&D Insurance

R&D Insurance

Intelligent insurance for laboratories and R&D companies 
Protect the fruits of your invention

Biotech | Contract Research Medical Device Development | Analytical Labs | Micro & Nano Engineering Labs | Environmental Testing Labs | Agribusiness | Toxicology Labs Life Science Incubators & Trade Associations

Bullet-proof your enterprise with Lab Insurance from La Playa - specialist packages for start-up, early stage and mid-size research and development businesses.

Working in R&D, you need specialist advice and insurance from a broker who really understands you. The way you raise and spend capital, conduct R&D operations, create critical research materials and data, develop novel products and deliver services all demand new thinking when it comes to arranging insurance.

La Playa's Lab Insurance is a practical, modular solution that starts with Workers' Comp and General Liability and builds in other covers as and when you need them, meaning you only pay for the insurance you need, when you need it.

Key features:

  • Workers' Compensation: covers your liability to employees for injury or illness arising from their work.
  • General Liability: protecting your business against allegations of negligence resulting in third party injury or property damage.
  • Errors & Omissions: dealing with allegations of service failure or poor performance.
  • Property: protecting your physical assets including buildings, improvements (such as lab fit-outs), office & lab machinery & equipment, computers, stock, lab books, prototypes and R&D materials – even mobile equipment.
  • Consequential Loss: protecting your income streams when there’s an unexpected interruption to business operations (such as accidental damage, fire, flood, power-outage or terrorist event).
  • Stock deterioration: critical protection for loss arising from malfunction or loss of power to fridges or freezers.

Optional modules:

Errors & Omissions | Clinical Trials Liability | Directors’ & Officers’ Liability | Intellectual Property Insurance | Medical Malpractice | Inland Marine Insurance 

We make the complex simple – the application process is quick and easy and entirely without obligation.

Benefits include:

  • Rapid response - apply online for quotes & cover within 1 working day
  • Affordable & scalable - premiums from $1,000
  • Discounts for science parks, incubators and trade associations
  • Simple online tools to calculate the values of R&D materials

Download: Science & Technology Brochure PDF Document

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“The service we get from La Playa is faultless. You are a pleasure to work with.”

Technology client


Ready to work with us?

You can call us to talk more about your business on +1 646 665 7737

What's Covered?

Monthly Payments
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About La Playa Science & Technology

Specialist & Independent

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language.  We’ll support you with great advice - helping you make good decisions for your business. 

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across US and UK
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Elaine Lamb


Direct Dial: 646 583 1574

Email: elaine.lamb@laplayainsurance.com

Twitter: @elamblaplaya

+1 646 665 7737
+44 (0) 20 3865 0149
+44 (0) 1223 200650