Products designed for the risks that organizations operating in the life sciences arena face.
From unsafe products to negligence in clinical trials to growing dependence on medical technology, the risks life sciences organizations face continue to evolve.
Our broad, flexible policy is expertly designed to meet the current and emerging needs of the life sciences sector.
Coverage highlights:
Canadian or U.S. limits
Coverage for bodily injury and property damage
Full clinical trials coverage, including medical malpractice and Errors & Omissions
Separate sublimits for product tampering, radioactive contamination and bio-contamination coverages
Key man insurance
ERP option available
Also Available: Contract Research Organization (CRO) professional liability.
Most Life Sciences companies hire CRO’s to conduct clinical trials on their behalf. CROs face not only a vicarious product liability exposure, but also malpractice (failure to follow the manufacturer’s directions, or protocol, causing injury) and/or errors and omissions exposures (improper filing of the results, resulting in rejection or delay in drug approval, causing financial loss). We understand the unique risks that these CROs face and have developed a specialized CRO professional liability policy that gives them the financial loss protection they need in addition to medical malpractice coverage.
A wide range of life sciences organizations within the middle to large-sized market.
Worldwide
Toronto, Canada
+1 (416) 777 6204
Email Florentina
Toronto, Canada
+1 (416) 777 6217
Email DanaBeazley launched its suite of Miscellaneous Medical and Life Sciences (MMLS) offerings to the Canadian Market in March 2020, building on two decades of experience writing this business in the US and London.
