Surety BondsIndustry Solutions

Life Sciences

Your passion is to develop lifesaving or life extending products to prevent, treat or cure disease. Our passion is to support your company’s development by delivering specialized insurance and risk management solutions that minimize loss potential, and protect your bottom line from the financial consequences of an insured loss or lawsuit, such as:

  • The FDA places a clinical hold on your trial due to serious adverse events sustained by three participants.  
  • A salesperson in the operating room provides inappropriate advice to the physician using your implantable medical device. 
  • You are sued for invasion of privacy when a patient specific test result is inadvertently made public.

Since 1995, Chubb has had a dedicated team of underwriting, loss control and claim staff focused exclusively on your fast-paced industry. Our leadership is evident in Chubb’s products and services, and has earned us the recognition of both the Biotechnology Industry Organization (BIO) as their BIO Business Solutions endorsed property casualty insurer and the Medical Device Manufacturers Association (MDMA).

For a risk consultation to learn how to protect your business, find an agent in your area.


Life sciences companies looking to maximize the certainty and effectiveness of their products liability insurance need to understand the nuances of their policy language — particularly policies issued on a claims-made basis. 
Avoiding Claims-Made Challenges for Life Sciences Companies

Analytical Laboratories 

Generating test results that influence medical decisions, your laboratory is at significant risk of lawsuits.

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Dietary Supplement Companies 

As consumers have become more conscious of their health and well-being, your industry has expanded to meet the growing demand for dietary supplements. We provide specialized property and casualty insurance solutions to well-managed companies in this segment.

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Healthcare Product Service Organizations 

Outsourcing has led to rapid growth in your industry. You face a full range of regulatory compliance, product liability and financial injury concerns. Our innovative errors or omissions insurance, along with our other industry-leading solutions, offer the tailored protection you need.

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Medical Device Companies 

Rapid technological advances, emerging litigation risks, a global marketplace and increasing demand for your products keep your risks in constant flux. Our innovative all-lines solution and leadership in loss control and claims help us serve your unique needs.

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Pharmaceutical/Biotechnology Companies 

From start-up firms with a single promising compound to clients bringing multiple drug targets through global clinical trials, you can count on our products, services and financial strength throughout your company’s life cycle.

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