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Life Sciences
Offering insurance across the life sciences industry ecosystem
Chubb provides a suite of insurance solutions and risk management services to companies operating in the medical product research, development and manufacturing industry, as well as commercial and academic institutions engaged in pre-clinical and clinical research. With 20 years of specialised industry experience in the Asia Pacific region, we understand the unique coverage needs of this rapidly changing industry. This enables us to tailor the right solution to meet the needs of our customers so they can focus on innovation and product development.
Insurance tailored for the industry’s complex and evolving risks
Life sciences companies operate in a complex and highly regulated environment. Leveraging extensive capabilities in underwriting, risk engineering and claims handling, we design insurance programs that protect our clients’ balance sheet and effectively manage what are frequently complex first and third party claims.
Businesses and activities we insure
Manufacturers and Research & Development Companies
Companies involved in the manufacture, discovery, research and development of regulated medical products, including pharmaceuticals, biologics, dietary supplements, medical devices, diagnostics, and health technology products and services. Also includes companies manufacturing laboratory research equipment and consumables.
Service Providers
Companies involved in providing contract research and manufacturing services to medical product companies, medical product distributors, as well as analytical and research laboratories (commercial and not-for-profit).
Clinical Trials
Companies and research institutions involved in the conduct of human clinical trials, including those run by academic institutions. Clinical trials can be single country or multinational, one-off single studies or blanket programs involving multiple trial protocols.
Find the right life science insurance solution for your business
Premier Life Science
Clinical Trials Insurance
Other products and coverages
- Property All Risks
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Insights and Expertise
Three key risks facing the Life Sciences industry
Rising medical inflation in Asia Pacific
