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Medical Device / Pharmaceutical Industry Support
Driving innovation is one of the ways healthcare information technology (HIT) companies are transforming the delivery of healthcare.
Your products and services are geared towards supporting medical device manufacturers and/or the pharmaceutical industry,
and you are exposed to a myriad of risks that require innovative integrated solutions.
- The interactive voice response system you created for your customer’s clinical trial is programmed incorrectly, causing an
incorrect sorting of clinical trial participants. This invalidates the trial data and the customer must re-do the trial at
a significant additional cost to them.
- An error in your compound screening software tool is identified by one of your customers, invalidating months of their work;
the customer incurs significant additional costs to re-do their work.
- After using your bioinformatics tool to analyze clinical trial results, your customer discovers an error in the tool and incurs
substantial additional costs to re-do their reports for submission to the regulatory authorities.
With Chubb, one integrated insurance program can respond to multiple allegations including Economic Injury, Bodily Injury
and Violation of Privacy Claims, worldwide. In your business a single event could trigger claims involving multiple types
of insurance, so having one insurer address these claims is a distinctive benefit with Chubb. Further, liability claims involving
products used in a healthcare setting can be much different than traditional general liability claims. We’ve recognized that
and have an integrated team of people in underwriting, loss control and claims for the technology and life sciences industries
Learn more about Chubb's Property & Casualty solutions.
Learn more about Chubb's Professional & Management Liability solutions.
Learn more about Chubb's Accident and Health solutions.
Our network of experienced risk engineers with deep industry and technical expertise can help you mitigate or avoid a costly
loss. Loss Control Services.
For a risk consultation to learn how to protect your business, find an agent in your area.
For claims, please go to Chubb's Claims Services.