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January 2019

Did you know Chubb has been a leading provider of insurance solutions for the life sciences industry for over 25-years?  With this experience comes unmatched expertise in underwriting, loss control, and claims handling which has earned us recognition from the Biotechnology Industry Organization (BIO) as its official business solutions partner for property and casualty insurance.

Chubb Small Commercial Insurance (SCI) offers a robust solution for small life sciences businesses with up to $30M in revenue specifically for:

  • Medical device, pharmaceutical, and biotechnology research and development companies
  • Medical device manufacturers and distributors
  • Biotechnology and pharmaceutical manufacturers and distributors
  • Dietary supplement and nutraceutical manufacturers
  • Contract research organizations
  • Health technology and healthcare related software development companies
But that’s not all.  Our comprehensive insurance offering also specializes in small life sciences businesses across all stages including funding and milestones, research and development, clinical trials, product launch, maturity and growth, and product expansion.  We also offer key property enhancements including:

  • Change in controlled environment – perishable property (not otherwise insured)
  • Change in controlled environment – perishable property in transit 
  • Condemnation of undamaged stock
  • Contamination (not otherwise insured)
  • Control of damaged drugs, medical devices, dietary supplements, or cosmetics
  • Enhanced definition of business income
  • Failure to meet specifications
  • New product delay
  • Product replacement and recall expense
  • Scientific animals (on-premises)
  • Scientific animals (off-premises)
  • Valuation for scientific animals 
  • Subsidiary limit of insurance for research and development income
  • And more!
Get Started Now! 
  1. To begin, click here and log in to the Marketplace using your @chubb credentials; or
  2. Log in to @chubb; the Marketplace can be found under Business then Small Commercial Insurance.

Have questions?

Please contact your Chubb SCI territory sales leader.