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Programs, products and services:

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
  • Geographic target:

    All states

    Underwriting criteria:

    New business submission: Advanced Medical Technology & Accord (or similar) application forms

    Prospect profile:

    Technology based companies, primarily in the areas of biotechnology, pharmaceuticals and medical devices.

    Distribution:

    Independent agents, brokers & wholesalers

    Market position:

    Market leader for biotechnology risks nationwide.


    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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