Products designed for the risks that organizations operating in the life sciences arena face.
Insurance protection designed by experts for the risks that Life Science organizations face, as they can come in many forms ranging from unsafe products and causing pollution to negligence in clinical trials. The liability on those responsible when things go wrong can be significant and the challenges are growing with an increasingly litigious world, new regulation and greater dependency on technologies.
We have created a broad, flexible policy to meet the current and emerging needs of the sector. Pillars of cover available on distinct product forms:
BioSecure – A flexible, innovative and client-focused approach to underwriting life science related risks. Coverages include errors & omissions liability, products/completed operations, healthcare professional liability, general liability, medical payments and medical monitoring expense coverage for both clinical trials and sold products.
Nutraguard – Drawing on extensive experience, Beazley is proactive in helping our nutraceutical insureds protect their operations worldwide. Coverage available primary and umbrella, products/completed operations, general liability, advertising/personal injury, employee benefits liability, fire legal liability, medical expenses, professional liability, errors & omissions and product recall expense. Our broad appetite of risks includes dietary supplements, personal care products, cosmetics, select over-the-counter drugs.
WellTech™ - A unique, holistic, flexible risk protection package that combines products/completed operations and tech liability, healthcare professional liability, tech error & omissions, general liability, and cyber liability coverages, that is easy to work with. Just one policy to endorse and renew to provide integrated, tailored coverage for growing life sciences businesses.
Miscellaneous Medical Liability - Protection against medical professional liability exposures arising out of a wide range of healthcare related businesses including hard-to-place risks.
Life sciences risks present myriad exposures in need of expertly crafted coverage. Beazley offers a flexible, innovative and client-focused approach to underwriting this class of risk. In addition our dedicated healthcare claims team offers responsive claims handling to meet the needs of Insureds. We should mention how we have dedicated Wordings Specialist in order to tailor make coverage to that specific insured.
A wide range of life sciences organizations within the middle to large-sized market up to US $25,000,000 in capacity.
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