Lessons from the supply chain
The vulnerabilities of the life science supply chain are at the forefront of everyone’s minds. But, behind the headlines, how is the pandemic affecting attitudes to risk?
Life Sciences
Overview
Offering protection across the life sciences industry ecosystem
Chubb provides a suite of insurance solutions and risk management services to companies operating in the medical product research, development and manufacturing industry, as well as commercial and academic institutions engaged in pre-clinical and clinical research. With 20 years of specialised industry experience in the Asia Pacific region, we understand the unique coverage needs of this rapidly changing industry. This enables us to tailor the right solution to meet the needs of our customers so they can focus on innovation and product development.
highlights
Insurance tailored for the industry’s complex and evolving risks
Life sciences companies operate in a complex and highly regulated environment. Leveraging extensive capabilities in underwriting, risk engineering and claims handling, we design insurance programs that protect our clients’ balance sheet and effectively manage what are frequently complex first and third party claims.
Focus Areas
Businesses and activities we insure
Manufacturers and Research & Development Companies
Companies involved in the manufacture, discovery, research and development of regulated medical products, including pharmaceuticals, biologics, dietary supplements, medical devices, diagnostics, and health technology products and services. Also includes companies manufacturing laboratory research equipment and consumables.
Service Providers
Companies involved in providing contract research and manufacturing services to medical product companies, medical product distributors, as well as analytical and research laboratories (commercial and not-for-profit).
Clinical Trials
Companies and research institutions involved in the conduct of human clinical trials, including those run by academic institutions. Clinical trials can be single country or multinational, one-off single studies or blanket programs involving multiple trial protocols.
CHUBB SOLUTIONS
CHUBB SOLUTIONS
Find the right life science insurance solution for your business
Other products and coverages
- Property All Risks
- Casualty
- Product Recall
- Professional Indemnity
- Manufacturers’ Errors & Omissions
- Environmental
- Cyber
- Multinational
- Marine
- Accident & Health
- Terrorism and Political Violence
Why Chubb?
Why Chubb?
Protection you can trust
- We’re specialists in risk
We bring a wealth of experience together, because the biggest challenges need to be met by broad and deep expertise. - Coverage that enables growth
At the heart of our proposition is tailored coverage designed to grow with your needs and ambitions. All backed by specialist underwriting experts. - Proactive risk prevention
Our risk engineering capabilities can be deployed for larger, complex risks to help identify and mitigate risks before they impact your projects. - First-class claims management
Our expert claims handlers support clients through each stage of their claim. We’re quick to respond and act decisively. - Local insights
Local presence in 54 countries and territories, providing insights into leading edge of new technology developments.
insights
The great telehealth experiment
Integrating new technology systems into large institutions is notoriously difficult even when it is carefully planned. So how has the rapid roll-out of telehealth during the pandemic altered the risk landscape?
Fighting COVID-19 with genomics
Advances in genomics are turbocharging the global response to the COVID-19 pandemic and continuing to redefine how we understand healthcare.
RESOURCE
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Contact Me
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