Life sciences liability

empowering innovation

Today’s life sciences industry faces unique and often evolving challenges. Our Life Sciences liability insurance solutions are designed to protect against a wide range of liabilities, including product liability, errors and omissions, and clinical trial liabilities to name a few. With Skyward Specialty’s Life Sciences solutions innovative industries can continue to push boundaries without the looming fear of litigation or financial ruin.

Comprehensive coverage for cutting-edge products

Partnering with our Life Science liability experts to develop solutions allows businesses to focus on innovation and growth without the constant stress of potential financial losses due to unforeseen incidents. Let us craft a solution for your clients who are striving to make the next breakthroughs in the health and medical fields. By providing robust protection against a myriad of risks, our coverage empowers life sciences organizations to innovate confidently and responsibly.

OUR COVERAGES

  • Pharmaceutical Companies
  • Biotechnology Firms
  • Medical Device Companies
  • Nutraceutical Companies
  • Cosmetics Companies
  • Clinical Research Organizations
  • Site Maintenance Organizations
  • Healthcare Technology Companies
  • Software as Medical Device Developers (SaMD)
  • AI/ML for Healthcare
  • A.M. Best rated “A” (Excellent)
  • Flexible insurance product that can be adapted to accommodate the complexities of any business model
  • Exceptional service from in-house claims experts
  • Team of highly-experienced, specialized underwriters offering tailored solutions to fit your clients’ needs
  • Non-Admitted coverage

  • Policy Limits of liability up $5 million

  • Available for Primary, Excess, and Unsupported Excess

  • Worldwide coverage

  • Product Recall Expense up to $1M limit

  • Abuse and Molestation up to $1M limit

  • Prop65, Mitigation Expense, Regulatory Defense and Penalties Expense, Legal Defense Proceedings, HIPPA, Med Pay, Med Monitoring, Damage to Rented Premise

  • Employee Benefits Liability

  • Privacy Breach Expense

  • Affirmative coverage for products and services that utilize and integrate technology and artificial intelligence.

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