Life Sciences
Product Overview
Understanding our Life Science Industry Practice
- Medical Device Companies
- Pharmaceutical / Biotechnology Companies
- Dietary Supplement Companies
- Healthcare Product Service Organizations
- Analytical/Research Laboratories
- Healthcare Information Technology Companies
- Middle Market player (up to T/O €500m)
- Not within appetite: Medical Malpractice/ Cosmetics and Aesthetic products/ Retailers/ Specific Products e.g. mesh, opioids
Key Differentiators
- No business description
- Multinational capabilities & servicing
- Bespoke cover
- No basis clause, warranties or conditions precedent
- All risks property damage (incl. CICE)
- Research and development operations cover
- Claims made basis (over claims made and reported)
- Full contractual liability under the E&O cover including extension to products and services
- Indemnity to a wide range of parties
Trading Instructions
Please speak to your strategic account manager for further information.
* Please note offline minimums for commercial business are above £5K in general
* Online Commercial Combined policies are Master package policies which are also used offline
* Where we have ‘max’ commission levels listed, these will have to be negotiated with the underwriters on a case by case basis
* Please talk to your SAM to discuss minimum requirements for a Chubb agency