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Industry

Life Sciences

Chubb is committed to reducing greenhouse gas emissions through a combination of real estate portfolio optimization, energy efficiency projects and renewable electricity purchase

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This transforming industry is an engine for economic growth, but specialized work in human heaalth carries its own unique risks

Chubb understands the challenges faced by our partners in the life sciences, from managing supply chain disruptions to dealing with the contamination of a vaccine or the liability of a medical device that malfunctions. We have more than 30 years’ experience in the industry and teams of life sciences experts around the world, ready to help protect your company and navigate regulatory changes, regardless of your size.

127
Life sciences companies insured by Chubb worldwide
75+
Chubb in-house experts in life ciences
26%
Chubb in-house experts in life ciences
32%
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Copy - 3 Stats

This transforming industry is an engine for economic growth, but specialized work in human health carries its own unique risks

Chubb understands the challenges faced by our partners in the life sciences, from managing supply chain disruptions to dealing with the contamination of a vaccine or the liability of a medical device that malfunctions. We have more than 30 years’ experience in the industry and teams of life sciences experts around the world, ready to help protect your company and navigate regulatory changes, regardless of your size.

127
Life sciences companies insured by Chubb worldwide
75+
Chubb in-house experts in life ciences
26%
Chubb in-house experts in life ciences
Copy - 2 Stats
Copy - 2 Stats

This transforming industry is an engine for economic growth, but specialized work in human health carries its own unique risks

Chubb understands the challenges faced by our partners in the life sciences, from managing supply chain disruptions to dealing with the contamination of a vaccine or the liability of a medical device that malfunctions. We have more than 30 years’ experience in the industry and teams of life sciences experts around the world, ready to help protect your company and navigate regulatory changes, regardless of your size.

127
Life sciences companies insured by Chubb worldwide
75+
Chubb in-house experts in life ciences
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Kidnapped traveling

Two expatriate oil surveyors were travelling alone by car along an unfamiliar road when they were stopped at a roadblock. Criminals, who were using the roadblock as a trap to rob passers by, decided to up the ante when they recognised two foreigners and kidnapped the pair.

One surveyor was released along with a $5m ransom demand to take back to the company. The company selected its own security consultant, who was inexperienced and unfamiliar with the territory. The demand of $5m was ultimately paid. However, the negotiation of the safe return of the other employee took almost a year.

Ransom payment $5m, Expenses $500,000

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Kidnapped traveling

Two expatriate oil surveyors were travelling alone by car along an unfamiliar road when they were stopped at a roadblock. Criminals, who were using the roadblock as a trap to rob passers by, decided to up the ante when they recognised two foreigners and kidnapped the pair.

One surveyor was released along with a $5m ransom demand to take back to the company. The company selected its own security consultant, who was inexperienced and unfamiliar with the territory. The demand of $5m was ultimately paid. However, the negotiation of the safe return of the other employee took almost a year.

Ransom payment $5m, Expenses $500,000

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Chubb Business Owner's Policy (BOP)

Two expatriate oil surveyors were travelling alone by car along an unfamiliar road when they were stopped at a roadblock. Criminals, who were using the roadblock as a trap to rob passers by, decided to up the ante when they recognised two foreigners and kidnapped the pair.

One surveyor was released along with a $5m ransom demand to take back to the company. The company selected its own security consultant, who was inexperienced and unfamiliar with the territory. The demand of $5m was ultimately paid. However, the negotiation of the safe return of the other employee took almost a year.

Ransom payment $5m, Expenses $500,000

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How Chubb kept a client and its customers happy when some of its medical devices were delivered with out-of-spec parts.

What it covers 1

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What’s covered

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  • Pellentesque et nunc interdum, feugiat purus ut, accumsan erat 
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit pellentesque 
  • Vestibulum quis sodales risus, et commodo felis.
  • Nunc vulputate pulvinar accumsan
  • Nunc vulputate pulvinar accumsan. Donec vitae nisi est.
  • Nunc vulputate pulvinar accumsan.
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit pellentesque
  • Nunc vulputate pulvinar accumsan. Donec vitae nisi est.
  • Pellentesque et nunc interdum, feugiat purus ut accumsan erat. 
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit pellentesque
  • Vestibulum quis sodales risus, et commodo felis

Is this the type of coverage you need?

What it covers 2

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  • A customer suffers depression and anxiety following a traumatic injury on your property.
  • A ladder your workman is using falls over, shattering a window at a customer’s home.
  • Your company’s new logo uses the same colors and font as a competitor’s.
  • An employee taking extra time off to recover from a work injury claims bullying and harassment by a co-worker upon their return.
  • An employee taking extra time off to recover from a work injury claims bullying and harassment by a co-worker upon their return.
  • An employee taking extra time off to recover from a work injury claims bullying and harassment by a co-worker upon their return.

Is this the type of coverage you need?