Small Commercial Insurance Life Sciences

Life sciences companies are fast-paced, innovative, and fiercely competitive. They are also vulnerable to many unique property and liability exposures — including research and development costs, product contamination, and class action litigation. Chubb Small Commercial Insurance (SCI) delivers specialized insurance solutions for your life sciences clients that minimize loss potential and protect their bottom lines.

Did you know?

Seemingly minor environmental fluctuations while storing life sciences products can render them worthless.

Product liability can arise from a supplier's contaminated raw materials or defective component parts.

Business interruption losses caused by first- and second-tier suppliers are considerable.

Products

Chubb offers a suite of property and liability products tailored to small life sciences firms, including:

Chubb BOP (Business Owner’s Policy)
Umbrella
Workers’ compensation
Commercial auto
Cyber Enterprise Risk Management (ERM)/DigiTech® ERM
Management & professional liability
Foreign package

Appetite

Chubb SCI offers robust solutions for life sciences companies 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

Contact us

Have questions about our solutions for the life sciences industry?

Contact Chubb SCI directly or reach out to your local territory sales leader.