The life sciences industry was one of the first niche markets that Creechurch served when it began its operations in 1996. Today, we insure hundreds of life sciences firms across Canada.
Our liability policy provides comprehensive coverage for companies in the life sciences sector, including contract manufacturers and distributors. It is ideal for companies involved in pharmaceuticals (branded, generic or holistic products), biotechnology (research and development), medical devices (all FDA and HPB Classes I through IV), and clinical trials.
Our experience and expertise in this industry has allowed us to design a competitive policy with specialized coverages to give your clients the protection they need. From the pre-clinical stage to the distribution of a medical product, our liability policy has your clients covered.
- Canadian or U.S. limits
- Worldwide coverage
- Coverage for Bodily Injury and Property Damage
- Full Clinical Trials coverage, including Medical Malpractice and Errors & Omissions
- Separate sublimits for product tampering, radioactive contamination and bio-contamination coverages
- Key man insurance
- ERP option available
Also Available: Contract Research Organization (CRO) Professional Liability
On occasion, companies may hire a CRO to conduct clinical trials on their behalf. CROs face not only a vicarious product liability exposure, but also malpractice (failure to follow the manufacturer’s directions, or protocol, causing injury) and/or errors and omissions exposures (improper filing of the results, resulting in rejection or delay in drug approval, causing financial loss). We understand the unique risks that these CROs face and have developed a specialized CRO Professional Liability policy that gives them the financial loss protection they need in addition to medical malpractice coverage.
|Pharmaceutical & Biotechnology Insurance Application
|Healthcare Miscellaneous Errors & Omissions Insurance Application
|Medical Device Liability Insurance Application
|Contract Research Organization (CRO) Insurance Application
|Biopac Package Insurance Application
|Natural Health Products Insurance Application
Please call or email for a copy of the policy wordings for exact terms and conditions.
Ensure that your clients have complete insurance protection by including these other fine products that have been designed to complement our Life Sciences policies:
If you have further questions about this facility, please contact a member of our Life Sciences Underwriting Team, who can provide you with specific details regarding terms, conditions, coverages and exclusions.
BIOPAC HEALTHCARE PACKAGE
We designed BIOPAC specifically for healthcare research and development (R&D) companies. LEARN MORE
NATURAL HEALTH PRODUCTS INSURANCE
Due to the Canadian government’s new regulations of natural health products (NHPs), companies in the NHP sector are now subject to the same level of control and certification as traditional pharmaceuticals.
We have broadened our focus under this class to include Canadian domiciled companies who meet, or are close to meeting, the requirements of the NHP regulations. LEARN MORE