Pharmaceutical, biotech and lifescience liability

Our pharmaceutical liability covers manufacturers and distributors of products used in or on the body.

Product features

Covers your legal liability for damage or compensation and claimant’s costs and expenses for bodily injury, property damage and financial loss sustained by a third party arising out of your business
Comprehensive cover for public and products liability, clinical testing liability, no fault compensation cover for clinical trials and products financial loss
Limits up to $20 million available
Worldwide jurisdiction, including North America
Definition of products extended to include all services provided by the Insured whether on a fee basis or otherwise so bodily Injury paid under products liability and pecuniary loss payable products financial loss

Products liability available on claims made or occurrence basis (subject to underwriter agreement)
Full retroactive cover available to match existing policies
Sub-limit for goods in your care, custody and control
Fewer excluded products under the specified pharmaceutical products exclusion and buy-back available (subject to underwriter agreement)
Advertising liability included
Government recall cover available (subject to underwriter agreement)
Extended reporting periods provided with optional ERPs available
Difference in limits and in conditions cover available where local policies are issued to comply with regulations

Pharmaceutical manufacturers, contract manufacturers, and manufacturers of active pharmaceutical ingredients
Chemical manufacturers and distributors
Parallel import wholesalers
Medical device manufacturers and suppliers (invasive and non-invasive)
Clinical research organisations
Clinical trial sponsors

Cover is available on all classes for worldwide jurisdiction and domiciles, including: