Overview of the Program From Citadel Insurance Services
Citadel Insurance Services’ Life Science Insurance program (BioPAC) is a specialty wholesale product built for companies across the life sciences spectrum — from preclinical startups to large, established manufacturers. The program is designed to be flexible and scalable so you can place accounts with complex product, clinical trial and biomanufacturing exposures that standard markets may decline or limit.
Ideal Accounts and Appetite
This program targets a broad set of life science risks. Typical accounts that fit well include:
- Medical device manufacturers and medical device software companies
- Pharmaceutical and biologic developers (including drug discovery and bio-engineering)
- Medical foods, cosmetic drug companies and non-medical biotechnology firms
- Life science product development services and product testing laboratories
- For-profit and non-profit research institutions
- Medical product distributors and contract research/contract manufacturing organizations
Coverage Highlights and Advantages
BioPAC offers a modular set of coverages and endorsements to match specialized exposures common in life sciences:
- General and product liability tailored for biological agents and medical devices
- Clinical trials liability and clinical trials medical expense coverage
- Professional liability options for researchers, labs and developers
- Data breach expense and data breach economic liability extensions for software and device data
- Voluntary products recall and designated products coverage
- Abuse & molestation and punitive damages where allowable by law (subject to underwriting)
- Flexible extended reporting and circumstance reporting options
These coverages make the program practical for accounts that combine product, clinical and cyber exposures or that require broader testing and recall protection.
Underwriting Notes and Submission Requirements
Citadel underwrites this program through wholesale placement. Underwriters expect clear documentation of product lifecycle, clinical trial protocols (where applicable), quality control procedures, and distribution channels. Provide:
- Summary of operations and product descriptions
- Clinical trial protocols, enrollment size and safety monitoring when applicable
- Regulatory status (e.g., FDA filings, CE marks) and quality management systems
- Claims history and prior disciplinary or product recall history
Minimum premium information varies by risk and market placement — contact Citadel for program-specific minimums and quotation turnaround.
Territories and Admitted Status
The program is available across a broad set of U.S. jurisdictions, including: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI and WY.
Note: This program is placed on a non-admitted/surplus lines basis (no admitted filings). Confirm surplus lines requirements and tax/filing procedures for the insured’s domiciliary state before submission.
Why Work With Citadel Insurance Services on Life Science Business
As a specialty wholesale broker, Citadel offers tailored placement expertise for complex life science exposures and access to markets that understand product, clinical and cyber overlaps. Underwriters are experienced with research institutions, contract labs and product manufacturers, enabling pragmatic solutions where standard markets may restrict coverage or capacity.
Example Account Scenarios
- You have a start-up developing a novel implantable medical device with upcoming first-in-human trials. BioPAC can combine clinical trials coverage with product liability and cyber extensions for device software.
- You represent a contract testing laboratory that handles biologic samples and provides analytical services to multiple sponsors. The program can provide laboratory liability, biological agents liability and professional liability in a single placement.