Life Sciences

Clinical Trials

  • Specialized clinical trial knowledge and underwriting expertise
  • Worldwide coverage, with locally admitted policies where required

Chubb’s global network and Life Sciences expertise uniquely qualify us to help you coordinate your clinical trial insurance programs, helping to avoid costly delays.

Insurance Solutions for Global Clinical Trial Programs

What companies may need to protect their businesses from the ever-increasing levels of complex risks facing the clinical trial process.

Coverage Highlights

Benefits

  • Industry-leading clinical trial certificates of insurance issuance capability
  • Specialized clinical trial knowledge and underwriting expertise
  • Claims coordination through Chubb’s worldwide network
  • Global Reach: Ability to tap into the resources of our global network of affiliates and partners
  • Worldwide coverage, with locally admitted policies available in the countries set forth below

Through Chubb's global network, we can offer local admitted clinical trials policies to assist life sciences companies with their ever-expanding need to conduct trials in countries around the world. Our global network provides both unmatched clinical trials services capabilites in addition to extensive knowledge about the requirements of admitted clinical trial liability insurance policies, certificates, and regulations.

Chubb Offices:

Argentina, Australia, Austria, Bahrain, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Korea, Macao, Malaysia, Mexico, Netherlands, New Zealand, Norway, Panama, Peru, Philippines, Poland, Portugal, Puerto Rico, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Tunisia, Turkey, United Arab Emirates, United Kingdom, Vietnam

Network Partners:

Albania, Algeria, Angola, Armenia, Azerbaijan, Bangladesh, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Cambodia, Cameroon, China, Croatia, Dominican Republic, Estonia, Ethiopia, Gabon, Georgia, Ghana, Greece, Guatemala, Guinea, Honduras, India, Israel, Ivory Coast, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Liberia, Macedonia, Malawi, Mauritius, Monaco, Montenegro, Morocco, Mozambique, Nigeria, Oman, Paraguay, Qatar, Romania, Rwanda, Saudi Arabia, Senegal, Serbia, Sierra Leone, Slovakia, Slovenia, Sri Lanka, Tanzania, Tunisia, Uganda, United Arab Emirates, Uruguay, Uzbekistan, Venezuela, Zimbabwe

Coverage

  • Clinical Trials Liability
  • Medical Expense
  • Support clinical trial compensation guidelines, where required
  • Products-completed Operations and Professional Liability coverage, where required

Minimums/Limits

  • Domestic Clinical Trials: Up to $20 million
  • Foreign Clinical Trials: Up to $100 million combined limit per investigational drug or device

Client Profile

  • Biotechnology, Pharmaceutical and Medical Device Companies
  • Institutional research Organizations such as hospitals, universities, research institutes, physician groups, disease advocacy organizations

The Chubb Difference

Chubb Life Sciences has the ability to offer customers the resurces of a truly global insurance group. At Chubb, we are more than insurers; we are a global network of underwriting, risk management, claims and insurance professionals.

Chubb Life Sciences provides customers with risk reductions solutions backed by our company's financial strength, breadth, expertise and capabilities.

Foreign Clinical Trials Can Face Insurance Tribulations

As clinical drug and device trial sponsors evaluate, organize and manage clinical trials across borders, they face evolving liabilities.