Paragon are delighted to announce that John Wadsworth has recently joined Paragon’s Healthcare & Life Science team with a specific focus on the development and growth of our Products and Clinical Trials Liability areas of the business.
Prior to joining Paragon, John spent 15 years underwriting liability business at Allianz Global Corporate & Specialty (AGCS) and Newline Underwriting Management Limited.
In his career, John has worked with a large number of diverse life science clients; from start-ups operating in domestic markets, through to some of the very largest multi-national companies requiring complex solutions for their operations all around the globe.
With a wealth of experience in developing and managing a portfolio of Global Clinical Trials business, John will provide the in-depth knowledge and technical expertise that will prove invaluable as we continue to enhance the variety of liability insurance products we offer to our clients.
The Non-Employee Exposure
As news broke this week that Deborah Dugan, former President and CEO of the Recording Academy and the first woman to hold the position, filed an “explosive” sexual harassment and discrimination complaint with the Equal Employment Opportunity Commission against the Academy, accusations were also made against a member of a prominent law firm. This raises an interesting point, Deborah Dugan was clearly an employee of the Academy, but she was certainly not an employee or member of the law firm. So, what does this mean for any potential coverage under an EPL policy?
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Merger & Acquisition (M&A) insurance is an important part of the transaction process with Warranty and Indemnity (W&I) insurance, aiming to reduce the reliance on seller’s liability for loss incurred from a breach of warranty. Likewise, Cyber insurance is not just a useful tool for risk transfer, it also aids due diligence efforts for cyber threats in M&A transactions.
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