New Life Sciences Commercial Insurance Package

From PropertyandCasualty.com:

"The Chubb Group of Insurance Companies has launched a portfolio of policies to help protect life sciences companies from property and casualty exposures faced by this industry. Chubb’s Customarq for Life Sciences portfolio offers life sciences customers property, general liability, products liability, human clinical trails and errors and omissions insurance in one package.

"This new version of Customarq represents the next generation of insurance protection for biotechnology, pharmaceutical, dietary supplement, drug discovery technology, medical device manufacturing and product service organizations," said Philip Fiscus, senior vice president, Chubb & Son, and worldwide life sciences manager for Chubb Commercial Insurance. "The life sciences industry continues to experience rapid changes in the legal and regulatory environment influenced by innovation. As a result, life sciences companies need even more specialized protection. To continue meeting our customers' evolving needs, we have developed Customarq for Life Sciences to address the industry's unique exposures to risk."