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Chubb Group - Liability Insurance

 

Description

ChubbFor more than 20 years, member insurers of the Chubb Group of Insurance Companies ("Chubb") have been providing cost-effective risk management and insurance protection tailored to the unique requirements of biotechnology companies. Chubb's insurance professionals specialize in the biotech market; they understand the issues and develop solutions for unique insurance needs. This experience and expertise, coupled with Chubb's financial strength and superior claims service, were the reasons BIO selected Chubb as its Clinical Trials Liability, Errors and Omissions Liability Insurance, Products Liability and Professional Liability Insurance partner.


The coverages offered by Chubb under the BIO program are:

  • Clinical Trials and Product Liability: Coverage for commercialized products as well as products in all stages of human clinical trials
  • Errors and Omissions Liability Insurance: Coverage for financial loss to third parties arising out of negligence
  • Professional Liability: Coverage for companies conducting contract research

Member Benefits

  • Very competitive premiums for companies at all stages
  • Low minimum premiums for early stage companies
  • Broad coverage tailored to meet the unique needs of the biotech industry


To learn about specific details about the program, including coverages and premium rates, contact a Chubb appointed insurance agent or broker. You may also contact Kerry Barker at The Plexus Groupe, iBIO's preferred broker for business insurance, at 847.307.6155 or kbarker@plexusgroupe.com.

 

For more information about Chubb's capabilities in serving the life sciences industries, visit chubb.com.


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