life sciences News

Berkley Life Sciences Adds Foreign Corrupt Practices Act Expense Coverage

Berkley Life Sciences, a W. R. Berkley Co., has launched Corporate Lifeline, a new coverage for life science companies seeking to effectively address increased government scrutiny of company practices under the Foreign Corrupt Practices Act. In 2009 the Criminal Division …

ACE Expands Life Sciences Coverage through Wholesale Division

ACE Group has expanded its suite of products developed to address the needs of U.S.-based life sciences companies through its wholesale-focused business, ACE Westchester Professional Risk. The ACE Westchester Professional Risk Life Sciences policy addresses the exposures faced by life …

Ryan Specialty Group Launches Healthcare Partnership with Lloyd’s Underwriters

Ryan Specialty Group, LLC (RSG) has formed RSGUM Healthcare, a new healthcare and life science underwriting facility, in partnership with the healthcare and life science underwriters at Lloyd’s of London. Lloyd’s support for this comes from Amlin, Chaucer, Catlin, Hiscox, …

ACE Enhances Life Sciences Coverage Offerings

The ACE Medical Risk Group has enhanced its life sciences capabilities to include a commercial package offering comprised of general liability, inland marine, crime, umbrella liability and business automobile coverages to help address the needs of life sciences companies. The …

Berkley Life Sciences Now Lloyd’s Coverholder for U.S. Business

Berkley Life Sciences, a global life sciences underwriter, has been accredited as a Coverholder, in conjunction with Berkley Global Underwriters, LLC, on behalf of Lloyd’s of London. As a Coverholder, Berkley Life Sciences is able to secure locally accepted insurance …

Professional Risk Solutions to Offer Product Liability, Life Sciences Coverages

Wholesale Brokerage Professional Risk Solutions (PRS) has launched a new venture that extends its offerings to general and product liability coverages, as well as insurance options for the life sciences industry. Through its specialist team headed by Henry Gottesman in …

Berkley Life Sciences Launches Coverage for Drug & Medical Device Shortages

Berkley Life Sciences, LLC, a member company of W. R. Berkley Corp., has released a new insurance created to address attempts to hold pharmaceutical and medical device companies liable because their drugs, devices or other life science products or components …

Marsh and Allied World Launch Coverage for Corporate Officers

Marsh and Allied World Assurance Co. have rolled out a new product to cover the costs associated with Responsible Corporate Officer (RCO) investigations and related enforcement actions. The product was designed to help life science, pharmaceutical and healthcare companies manage …

Chubb System Helps Expedite Clinical Trials in China and Brazil

An online system from Chubb Group of Insurance Cos. can now be used to instantly obtain specimen policy language for trials in many countries where ethics committees require the review of insurance contract terms and conditions. Life sciences companies can …

Navigators Launches Life Sciences Products

Navigators Management Co., Inc. has introduced a new global life sciences suite of products, Navigators LS Elite, a set of property & casualty products addressing the needs of the life sciences industry. These products are available for companies in North …