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
Get Started Now!
To begin, click here and log in to the Marketplace using your @chubb credentials; or
Log in to @chubb; the Marketplace can be found under Business then Small Commercial Insurance.
Please contact your Chubb SCI territory sales leader.