Member Benefits on Business Insurance
Property and Casualty Insurance:
- Competitive premiums for companies at all stages
- Low minimum premiums for early stage companies
- Dedicated loss control and claims specialists for members
- Access to proprietary tools to assist in developing insurance values
Clinical Trials, Errors and Omissions, Product, and Professional Liability Cyber Insurance:
- 10% premium credit (Subject to regulatory limitations and underwriting review)
About Chubb
BIO selected Chubb as its endorsed insurer due to their total insurance solutions for risks specific to life science companies. For more than 25 years, Chubb has been providing cost-effective risk management and insurance protection tailored to the unique needs of biotechnology companies.
Chubb's products include property and casualty, product liability, clinical trial liability, errors and omissions liability, professional liability, and cyber liability insurance. Chubb personnel specialize in the biotech market; they understand the issues and develop tailored solutions.
The BIO-Chubb cyber liability insurance offering is for new business only.
