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INSURANCE FOR LIFE SCIENCES ORGANIZATIONS

We leverage over three decades of serving the life sciences industry to provide timely and pertinent insurance solutions for life sciences organizations.

CNA at a Glance

Take a look at our financial strength, highlights and performance overviews.

 

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Whether an organization specializes in clinical research and development or manufactures medical devices or pharmaceuticals, they need an insurance carrier that understands their unique risks. At CNA, our Life Sciences team leverages over 30 years of industry experience to provide tailored coverages that meet the specific needs of policyholders.

 

Our insurance for life sciences organizations covers a range of areas, including manufacturers, distributors, and wholesalers involved in pharmaceutical and nutraceutical products; biotechnology and biosimilar products; medical devices; research, development and clinical trials for pharmaceutical drugs, biologics and medical devices; contract research organizations; university-based medical centers and other independent facilities engaged in clinical trials.

We understand how the product development process creates a unique set of liability exposures for life sciences companies. Our customizable CNA Paramount® coverage package for life sciences addresses property exposures, such as lab animal resources and refrigerant contamination. An expansive range of products responds to your less specialized, though no less important, coverage needs such as Premises Liability, Commercial Auto and Workers' Compensation. Also, the Life Sciences Work-Hazard Product Liability policy provides coverage for bodily injury and property damage arising out of a product work hazard claim. CNA is one of a handful of carriers to offer this coverage on an admitted and non-admitted basis. And we don't stop there. We can expand coverage for unique risks to provide Professional Liability with Mitigation Expenses, among others.

 

Our years of active engagement with firms in the rapidly evolving field of healthcare product innovation give us expertise beyond underwriting. As one of the largest U.S. insurers in the life sciences market, we also bring extensive Risk Control and Claim services that ensure policyholders get the appropriate level of service.


Our Appetite

Our underwriting appetite for life sciences organizations includes:

  • Nutraceuticals
  • Pharmaceuticals
  • Research & Development Companies (R&D)

  • Clinical Trials
  • Contract Manufacturing Organizations (CMOs)
  • Contract Research Organizations (CROs)
  • Medical Devices

Our Products

We offer a broad portfolio of insurance solutions specialized to meet the needs of different organizations.

RISK CONTROL SERVICES

Resources to Manage and Reduce Risk

Our dedicated Risk Control team provides the deep expertise and distinct insights to help policyholders mitigate risk and protect their bottom line. We also provide helpful resources including organizational risk evaluations, claims analysis and educational programs.

INTERNATIONAL SOLUTIONS

Global Capabilities for International Businesses

We support multinational organizations with complex local policy requirements through a vast network of strategic business partners and a state-of-the-art technology platform.

CLAIM SERVICES

Dedicated Team of Claim Professionals

Explore our services designed to help manage claims, understand exposures, address potential losses and maintain business continuity.

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