Pharmaceutical, biotech and lifescience liability

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

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

Who do we cover?

• 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
• Biotechnology
• Cosmetics manufacturers
• Chemical synthesis
• Nutraceuticals
• Veterinary product manufacturers and distributors
• Homeopathy