Biotechnology Products Liability Insurance

New life forms created in laboratories can be patented, further spurring the growth of this emerging industry. Hundreds of biotech laboratories are now operating and more are expected as time goes on. The growth of this industry has created new liability exposures as these labs open up new market opportunities for industry. Exposures include the control of hazardous biological substances, especially in the application of gene splicing methods for medicine, agriculture and industry. Liability coverages needed by these businesses include general liability written on an occurrence basis, products and errors and omissions liability covering third-party exposures and liability from research and development activities, environmental impairment liability for special exposures, such as escape of substances, disposal of chemicals, vapors, odors, and genetic and tera-togenic damages, and commercial liability umbrella or excess coverage.
Venture Insurance Programs
Bio Technology Insurance from Venture

Bio technology Insurance from Venture is a leading Workers’ Compensation and risk management solution for the Technology and Biotechnology sectors, including hardware manufacturers, software developers and internet service providers...
Veracity Insurance Solutions, LLC
Discontinued Product Liability

Veracity Insurance has a special program to cover Discontinued Products Liability, one of the best ways to cover exposures arising out of mergers, acquisitions, and business discontinuations. Many companies who previously distributed or manufactured ...
Citadel Insurance Services
Life Science Insurance

Whether your client is a Fortune 500 company or in the preclinical stage, BioPAC is a flexible, scalable product designed to address the specialized needs of life science companies.   Target Classes • Medical device companies ...
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Further Reading 
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