Member Benefits on Business Insurance with Chubb
Member companies receive exclusive access to business insurance tailored for life sciences through Chubb, BIO’s endorsed insurance provider. From early-stage startups to established enterprises, Chubb offers coverage that protects against the unique risks biotech companies face.
Exclusive member benefits include:
Competitive premiums for companies at all stages
Low minimum premiums for early-stage companies
Dedicated loss control and claims specialists for member companies
Access to proprietary tools for developing accurate insurance values
10% premium credit on Clinical Trials, Errors & Omissions, Product, and Professional Liability Cyber Insurance (subject to regulatory limitations and underwriting review)
About Chubb
Chubb is a global leader in business insurance and has been BIO’s endorsed insurance partner for more than 25 years. With specialized expertise in biotechnology and life sciences, Chubb delivers cost-effective risk management and protection designed for companies advancing innovation at every stage.
For life science organizations, Chubb provides comprehensive coverage solutions including property and casualty, product liability, clinical trial liability, errors and omissions, professional liability, and cyber insurance*. Chubb’s team understands the specific risks of the biotech sector and develops tailored solutions to address them.
Through BIO Business Solutions®, member companies benefit from exclusive premium credits and specialized support, helping them safeguard operations, maintain compliance, and scale with confidence.
*The BIO-Chubb cyber liability insurance offering is for new business only.
