For more than 25 years, Chubb has been one of the top providers of insurance cover to the life sciences industry, worldwide. In fact, we have a unit focused exclusively on it – one that continues to break through traditional boundaries with sophisticated insurance solutions that respond to the industry's growing needs.
We offer enterprise-wide solutions that are precisely crafted for life science companies, with specialised products for general liability, products and human clinical trials liability as well as errors and omissions.
This hybrid cover offers a dual trigger – an occurrence trigger for premises/operations and a claims-made trigger for products hazard liability. Traditional stand-alone policies are also available.
Chubb's multinational infrastructure delivers these insurance solutions on a global basis with a coordinated approach and dependable quality.
Errors and Omissions insurance helps to cover businesses from lawsuits that allege financial losses due to the failure of products or services to perform to specifications. It can be customised to respond to losses resulting from the need to stop using a product due to the risk of future bodily injury or property damage.