growing life sciences industry News

Markel Launches Primary Coverage for Biomedical, Life Sciences Companies

Markel Corporation has announced a new insurance product for biomedical and life sciences companies in the U.S. primary insurance segment that provides product liability, professional liability, general liability, clinical trial liability, and related medical professional liability coverage. Target markets include …

Marsh, Munich Re Launch Non-Damage Business Interruption Coverage for Life Sciences

Marsh and Munich Re have launched non-damage business interruption insurance (NDBI) product that combines risk transfer and consulting services to assist life sciences companies in managing the impact of regulatory actions imposed by the U.S. Food and Drug Administration (FDA). …

CNA Launches Admitted Product Liability Policy for Life Sciences

CNA has launched a new admitted product liability policy offering for the life sciences market. This product launch makes CNA one of only a handful of carriers to offer life sciences companies an admitted and non-admitted coverage option for their …

Hub International Acquires Canadian Commercial Line Book of Business

Hub International Limited announced that its Ontario subsidiary, Hub International Sinclair Cockburn Limited, has acquired a commercial line book of business from independent broker Lisa Cook. Terms of the acquisition were not disclosed. “Cook will join Hub’s Markham, Ontario office …