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Errors & Omissions
Life sciences companies face greater risks than ever before when it comes to the performance of their services or products.
Chubb is a proven leader in customized, cutting edge liability solutions for life sciences companies worldwide with Integrity+
for Life Sciences. We have a unique team of more than 200 full time underwriters, loss control specialists and claim professionals
around the world dedicated to the life sciences industry. Together they monitor and react to converging technology, regulation,
claim and litigation trends, while promoting risk management best practices.
Integrity+ For Life Sciences provides blended insurance offers the following features:
Errors or Omissions
- Errors or Omissions (E&O) insures against financial injury arising from defects, deficiencies, or the failure of your products
or services to perform in accordance with a contract or agreement
- Broad definition of “your product” and “your service” – includes data security products and services
- No professional exclusion
- No security breach exclusion
- Scaleable insurance for performance delay, cost of contract and choice of counsel.
Technology Related Injury (TRI)
- Includes elements of general liability advertising and personal injury, media liability, privacy and discrimination.
- Broad intellectual property infringement insurance including infringement of computer code
- Law suits brought by competitors or customers relating to the insured’s business or products/services, infringement of intellectual
property, including computer source and object code, libel, slander, and product disparagement.
Privacy Remediation insurance
- Reimburses you for costs to comply with privacy notification laws
Worldwide Coverage Territory
- Policy automatically applies on a worldwide basis
Think LEADERSHIP. Think Chubb.
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