For more than 25 years, the Chubb Group of Insurance Companies has been providing cost-effective risk management and insurance protection tailored to the unique requirements of biotechnology companies.

Property and Casualty Coverage

• General liability insurance
• Insurance for R&D operations, including business income
• Highly protected risk (HPR) arrangements
• Worldwide coverage territory
• Competitive premiums for companies at all stages
• "Damage to your products" insurance

Clinical Trials Liability, Errors, and Omissions Liability, Products Liability, Professional Liability Coverage

• Commercialized products as well as products in all stages of human clinical trials
• Financial loss to third parties arising out of negligence
• Contract research

MichBio Member Benefits:

• Competitive premiums for companies at all stages
• Low minimum premiums for early-stage companies
• Broad coverage tailored to meet the unique needs of the biotech industry
• Dedicated loss control and claims specialists for MichBio members
• Use of proprietary software for determining business interruption limits
• Devoted underwriting teams providing five-day turnaround for MichBio members

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