Personalized medicine and biotech breakthroughs are prompting insurers to rethink coverage models
The life sciences industry is influencing how insurers assess, price, and deliver coverage. Advances in technology, research, and data collection are prompting changes that could reshape the future of risk management.
Dan Pardo, associate casualty broker at Bridge Specialty, has been closely following the ways in which the life sciences sector is reshaping insurance. He said the rapid pace of scientific advancement is creating both new opportunities and new challenges for in…