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...Insurance Brokerage (PPIB) offers: Labs and Clinics Insurance. PPIB’s Labs and Clinics Insurance program delivers... states is this program available?The Labs and Clinics Insurance program is av...

...s placing clinical (non-pathology) labs and imaging facilities, the program pr...is program? Clinical diagnostic labs and imaging centers that do not per...

...xposures that consultants, testing labs and related firms face and can tailor ...s. Generally a good fit: offices and labs with limited on-site remediation, o...

... • Indoor Crop • Schools • Testing Labs • Dispensaries • Retail Outlets • Less...ations, edible manufacturers, testing labs, and landlords leasing to marijuana...

Venture Insurance Programs offers a specialized Bio Technology Insurance program built for the unique exposures of technology and biotechnology firms. This Workers’ Compensation-focused program pairs tailored comp coverage with risk management services designed for companies working in lab environments, medical device manufacturing, health-tech software, cloud infrastructure, and pharmaceutical R&D. Overview of the Program From Venture Insurance Programs Built for innovation-driven industries, Venture’s Bio Technology Insurance program is structured to evolve with your clients’ operations. The program emphasizes Workers’ Compensation protection and loss control for companies where traditional comp policies may not fully address lab hazards, field testing, or high-tech manufacturing risks. Underwriting is handled by a team experienced in emerging technologies and the operational risks common to biotech and health-tech firms. Ideal Accounts and Appetite This program targets mid-sized to large technology and biotechnology employers—particularly accounts with 50 or more employees. Ideal classes include: Biotechnology research and development companies Pharmaceutical testing and R&D laboratories Medical device design and manufacturing Health-tech software and hardware developers (wearables, diagnostic equipment) Internet service, data center and cloud infrastructure providers supporting health applications Example: You might have a client in California with 75 employees developing wearable medical devices. Venture’s program is designed to help you place that account competitively while addressing lab testing and manufacturing exposures. Coverage Highlights and Advantages Workers’ Compensation coverage tailored to technology and biotech exposures Integrated risk management resources and loss-control support specific to lab and manufacturing hazards Competitive premiuming for qualifying mid-to-large accounts Responsive underwriting from a technology-focused team familiar with biotech operations The program is intended to fill gaps where standard comp programs may not adequately address the combination of laboratory, field testing, and precision manufacturing risks common to biotech and medical device firms. Underwriting Notes and Minimum Premiums Venture generally prefers accounts with at least 50 employees and looks for clients with formal safety and loss-control programs. While a specific minimum premium is not listed here, underwriters evaluate payroll size, class codes, loss history, and operational controls when determining pricing. Be prepared to submit detailed loss runs, class description, and a summary of safety procedures for lab or manufacturing operations. Territories and Availability The Bio Technology Insurance program is available nationwide — in all 50 states plus Washington, DC — making it a practical option whether your client is in a major biotech hub like California or a growing tech market in Texas or the Midwest. Why Work With Venture Insurance Programs As an MGA focused on niche programs, Venture brings targeted underwriting expertise, market access, and hands-on service for placing complex tech and biotech comp accounts. Their team understands emerging technologies and the operational nuances that drive comp risk, so you can expect underwriting that speaks the language of your insureds and practical risk management guidance to help control losses. Frequently Asked Questions What types of accounts are a good fit for this program?Mid-sized to large technology and biotech firms—hardware and software developers, medical device manufacturers, clinical and R&D laboratories, and related infrastructure providers—are the best fits. Is this program available in all states?Yes. Venture’s Bio Technology Insurance program is available in all 50 states and Washington, DC. Does the program focus on any particular coverage?The program specializes in Workers’ Compensation coverage with embedded risk management and loss-control services tailored to technology and biotechnology operations. What size of business does the program target?The program is especially competitive for businesses with more than 50 employees, and it is commonly used for mid-sized to large accounts—particularly in states like California. Why should I place this type of business with Venture Insurance Programs?Venture offers deep industry knowledge, focused underwriting, and practical risk-management support for complex tech and biotech risks—making them a reliable partner when placing challenging or specialized comp accounts. Need help placing an account? Connect with a market specialist.

...alcohol service if applicable, and photos of the range, bays, and cart storage...s (including alcohol service if any), photos of the range and carts, and any r...

The Research & Development Insurance Program from Veracity Insurance Solutions, LLC is specifically designed for scientific and technology-driven companies engaged in research, development, and innovation. Whether your client is a start-up biotech firm, a virtual pharmaceutical company outsourcing lab work, or a tech enterprise transitioning from pre-clinical to clinical trials, Veracity offers flexible, tailored insurance solutions to meet evolving risk profiles. Ideal Accounts and Appetite This program is an excellent fit for a wide range of research-driven businesses, including but not limited to: Biotech and pharmaceutical start-ups Medical device developers Contract research organizations (CROs) Tech companies offering R&D services or hybrid product/service models Virtual companies operating with outsourced supply chains You might have a client launching a new medical device and beginning clinical trials, or a software company developing a proprietary algorithm for healthcare data—both would be strong candidates for this program. Coverage Highlights and Advantages The Research & Development policy provides broad and customizable protection, enabling coverage to grow with your client's business. Key features include: General Liability – Protects against third-party bodily injury and property damage claims. Professional Liability – Covers errors or omissions in R&D services rendered. Product Liability – For companies offering physical or digital products. Pollution & Contamination Liability – Address exposures from lab materials or testing environments. Clinical Trials Coverage – Crucial for companies entering the testing phase. Intellectual Property Rights Infringement – Helps manage the risk of IP disputes. Virus & Hacking Attack Liability – Protection against cybersecurity threats. Ideologically Motivated Attacks – Includes unique considerations for controversial or cutting-edge research sectors. Brand Protection – Preserves reputation in the wake of negative events or claims. Underwriting Notes and Minimum Premiums With minimum premiums starting at $1,000, this program is accessible to emerging businesses and start-ups. Veracity welcomes new ventures and early-stage operations. Their underwriting team understands the nuances of scientific innovation and works closely with brokers to structure coverage that fits. Territories and Availability This program is available nationwide, including all 50 states and Washington, D.C. Most markets are available on a non-admitted basis, offering flexibility for unique or hard-to-place risks. Why Work With Veracity Insurance Solutions Veracity Insurance Solutions is a respected Managing General Agency and Excess & Surplus Lines Broker with access to multiple carriers and a strong track record in niche liability programs. Their expertise in emerging industries and commitment to flexible underwriting make them a reliable partner for brokers seeking specialized R&D coverage. From application to policy issuance, Veracity supports you with responsive service and market insight. Frequently Asked Questions What types of accounts are a good fit for this program?This program is ideal for biotech firms, pharmaceutical start-ups, medical device developers, and research organizations, including virtual companies and those transitioning to clinical trials. Is this program available to new ventures or start-ups?Yes, Veracity welcomes start-up operations and early-stage companies, offering flexible coverage options for growing businesses. Can this policy be customized as the business evolves?Absolutely. The policy is designed to adapt to changing risk profiles, such as transitioning from research to clinical trials or expanding product offerings. What is the minimum premium for this program?The minimum premium starts at $1,000, making it accessible to small and emerging R&D organizations. Is the program available in all states?Yes, the program is available in all 50 states and Washington, D.C., with most markets offered on a non-admitted basis. Need help placing an account? Connect with a market specialist.

...l sampling/testing procedures (for labs), and established waste handling proce...ction contractors, analytical testing labs, storage tank owners, and hazardous...

...rketing firms, non-medical testing labs, other non-financial consultants, trav...

... Drug testing and medical testing labs Health & fitness centers and medic...home health agencies, medical testing labs, medical spas, physical therapy cli...