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Programs,
products and services:
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Advanced Medical
Technology offers property and casualty
coverages and services designed for
biotechnology, pharmaceutical, medical
device, and contract research and
manufacturing companies.
- Available
coverages:
Business Loss of Income if a fire or other covered peril forces you to close your doors, this valuable coverage will help compensate you for the money your business would have earned.
Commercial Auto protects vehicles from collision damage and includes liability for bodily injury and property damage.
Commercial Crime protects your business property against employee dishonesty, burglary, robbery and theft.
Commercial General Liability covers you for amounts you may become legally obligated to pay others as the result of you and/or your company's actions or legal responsibility.
Commercial Property protects inventory, buildings and their contents from a broad range of perils. Coverage is also available for laboratory animals, biocontamination, radioactive contamination, spoilage and research and development restoration expense
Employment Practice Liability coverage is designed to cover litigation related to employee complaints alleging discrimination, harassment and wrongful termination. Click here for additional information
Equipment Breakdown pays for the repair or replacement of your insured equipment, and other property that has been damaged as well as the property of others for which you are liable. Protection is available against loss of income and continuing expenses - such as essential employees and utilities - if business is suspended after a loss. Click here for additional information
Key Employee Replacement Expense provides coverage for replacement expense incurred due to the permanent loss of the services of a Key Employee caused by a Covered Accident.
Product Liability and Human Clinical Trial Insurance provides bodily injury and property damage coverage during all phases of clinical trials and product sales. Coverage includes professional liability for your employees when they provide supervision and support to investigators and hospitals running your clinical trials. Coverage territory is worldwide. International capabilities include local admitted policies.
Professional Liability provides errors and omissions coverage as relates to your operations as a contract research organization.
Workers Compensation standard workers' compensation and employers' mandatory liability coverage
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Geographic
target:
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All
states
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Underwriting
criteria:
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New business
submission: Advanced Medical Technology
& Accord (or similar) application
forms
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Prospect
profile:
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Technology based
companies, primarily in the areas of
biotechnology, pharmaceuticals and medical
devices.
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Distribution:
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Independent agents,
brokers & wholesalers
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Market
position:
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Market leader for
biotechnology risks nationwide.
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The information contained herein is not intended to serve as legal advice. The sources used to develop this information are believed to be reliable, but CNA accepts no responsibility or legal liability for the correctness or completeness of this material or for its application to specific factual situations. Specific legal concerns or questions should be directed to individual competent counsel. As appropriate, you may also wish to contact the Food and Drug Administration for more specific or complete information. CNA is a registered service mark and trade name of CNA Financial Corporation.
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No part of this site may be reproduced without written permission from CNA.
Material may be reprinted upon proper attribution to CNA and inclusion thereon of the words ©2000 by the CNA Financial Corporation.
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