Life Sciences Insurance
Companies in the life sciences industry are constantly innovating to deliver products that provide solutions. On the cutting edge of progress, successful life sciences, pharmaceutical and digital health companies write their own prescription for success. When companies are on the leading edge of innovation, however, they run a risk that something will go wrong.
With our extensive knowledge and years of insuring life sciences businesses, Travelers has stayed in-step with the needs of this growing industry. We have life science industry-specific coverages and services that span the product development lifecycle, from research and clinical trials to product production and distribution, as well as a track record of working with a multitude of customers across the life sciences industry spectrum.
Life sciences coverages we offer
Our insurance products for life sciences, pharmaceutical and digital health companies include:
- Product liability
- CyberRisk tech
- Technology errors & omissions
- Breach response coverage
- Cyber crime coverage
- Business loss coverage
- MedFirst®
- Products/completed operations liability coverage
- Errors & omissions liability coverage
- Information security liability coverage
Who is life sciences insurance designed for?
- Life sciences
- Medical, surgical, dental and diagnostic product manufacturers
- Laboratory apparatus and instrument manufacturers and distributers
- Implant manufacturers
- Medical product distributors
- Monitoring equipment manufacturers
- Imaging equipment manufacturers
- Contract research organizations
- Research Institutes
- Medical device clinical trials
- Pharmaceuticals
- Including biopharmaceuticals
- Emerging to midsized companies
- Companies in clinical trials
- Biopharma entities
- Digital health
- Electronic medical records software developers
- Healthcare and medical software developers
- Healthcare IT organizations
- Telemedicine companies
- Medical app developers
Life sciences resources
Travelers understands the unique risks facing life sciences companies today, and is prepared for what's next in this exciting industry, offering industry-specific coverages, products and insights.
Life sciences claim scenarios
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