Life Sciences
Solutions for the Wholesale/Surplus Life Sciences Insurance MarketDid you know that Denali Specialty has expertise in placing your health-related risks and can tailor solutions for your hard-to-place accounts?
Options can vary greatly with differing ingredient and material exclusions, claims-made or occurrence forms, defense provided inside or outside the limits, and de-ductible alternatives.
General Liability and Professional Liability coverages can be written on a combined or stand-alone basis.
Target Classes:
- Biologics
- Clinical Trials
- Dietary Supplements
- Durable Medical Equipment
- Health and Beauty Products
- Medical Devises
Available Coverage Enhancements
- Data Breach
- Employee Benefits
- Errors and Omissions
- Hired and Non-Owned
- Primary and Non-Contributory
- Product Recall
- Waiver of Subrogation; and Worldwide Coverage
Policy Structure:
- Commercial General Liability – Products Completed Operations coverage and Professional Liability
- Claims-made coverage form with Occurrence coverage available on certain risks
- Defense is normally written inside the limit but may consider outside based on the risk
- Automatic inclusion of Landlords, Trade Events and Vendors as Additional Insureds
Required Information:
- ACORD Applications including Applicant and General Liability section
- Supplemental applications where appropriate
- 3-5 year currently valued company loss runs or NKLL if a new venture
- Copy of Product Labels and Advertising Materials
- Website information, if available; and target premium, if known