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Our underwriting experts understand the unique requirements of the dynamic Life Sciences industry. We have crafted a Life Sciences Liability policy that is specifically designed for companies operating in all areas of medical technology research, development or manufacture, irrespective of their size, phase of commercialisation or location.

Coverage Highlights

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. 

General Liability

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.

Errors and Omissions

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.

Market Specialisation

We provide coverage for the following companies:

  • Pharmaceutical companies
  • Medical device companies
  • Drug discovery companies

Coverage is also available for companies in the following categories:

  • Contract research organisations
  • Contract manufacturing organisations
  • Healthcare information technology organisations
  • Human clinical trials

Why Chubb?

  • Experience: Chubb has pioneered life sciences insurance solutions for decades and has specialist underwriters, loss control and claims staff worldwide.
  • Claims service: Chubb’s claim service is regularly acknowledged as the best in the insurance industry.
  • Financial strength: Chubb’s financial stability and ability to pay claims rate among the best in the industry, as attested by leading insurance rating services.
Fact Sheet

Loss Scenarios for Life Sciences Companies

Whether you're a biotech, medical device or service organisation, your complex products and devices have volatile financial and liability risks that could put you out of business. Learn more about your unique exposures and the potential impact on your business in this loss scenario fact sheet.


Have a question or need more information?

Contact us to find out how we can help you get covered against potential risks