Life sciences

Life sciences organizations face unique risks that require specialized insurance. Hanover Life Sciences Advantage offers the customization and coverage they need.

The Hanover offers expertise and solutions designed specifically for a broad range of small and mid-sized life sciences organizations. Our approach focuses on staying ahead of the curve on emerging risks and aligning the right protection for each unique organization.

Hanover Life Sciences Advantage delivers specialized insurance programs for companies in four key industry segments.

Medical devices

Medical devices

Manufacturers, distributors, component manufacturers, contract manufacturers and medical device refurbishers across four types of devices including diagnostic, surgical, therapeutic and monitoring.

Examples include:

  • X-ray apparatus and tubes
  • Orthopedic, prosthetic and surgical appliances and supplies
  • Surgical devices
  • Surgical and medical instrument apparatus
  • In vitro and in vivo diagnostics
  • Ophthalmic goods
  • Dental equipment and supplies
  • Laboratory apparatus, furniture and instruments

Pharmaceuticals

Pharmaceuticals

Manufacturers and distributors of FDA-approved prescription or over-the-counter drugs that are developed to treat a specific disease or condition

Digital health

Digital health

  • Healthcare IT companies involved with the storage, retrieval, sharing and use of healthcare information such as: electronic health records and personal health records, e-prescriptions and computerized physician ordering entry (CPOE).
  • Telemedicine technologies that are used to help deliver clinical health services remotely including diagnosis, treatment and patient monitoring.

Contract research

Contract research

Organizations that provide pre-clinical or clinical support to the pharmaceutical, biotechnology and medical device industries through research including:

  • Contract research organizations (CRO)
  • Research institutes

 

Visit the SmallComm Solutions portal for detailed appetite information for small commercial life sciences risks. 

 

Logo for Hanover fusion insurance product for life sciences industries

The cornerstone of our specialized offering, Hanover Fusion is an industry-leading insurance product developed to meet the needs of a wide array of life sciences organizations.

Hanover Fusion is a standalone offering, allowing you to create more value for your customers. Starting with the foundational Coverage A, you can customize protection by adding up to three additional coverage options.

Learn more

 

Property and general liability

Hanover Life Sciences Advantage protects against the unique risks faced by life sciences organizations. Unlock the Hanover advantage.

 

Risk management services

We partner with companies to provide background checks and employment screening, equipment testing and maintenance and business continuity.

Learn more

 

Competitive products

Hanover Fusion combines up to four key coverages under a single policy to provide your clients with the customizable solutions they need including:

  • Products completed operations (including human clinical trials),
  • Errors and omissions
  • Information security
  • Privacy and personal injury
  • Media and content

 

Dedicated claims team

Our claims teams have years of industry expertise and experience handling the unique types of claims life sciences organizations can face. Our life sciences claims team includes experts in healthcare and products liability, and, when needed, we will access our extensive network of legal counsel, including in-house litigators and defense counsel, to ensure the best outcome for your clients' claims.

 

 

Significant experience

We have a dedicated team of life sciences underwriting, claims, and risk management experts, available to help develop customized solutions for complex accounts.

 

Risk Solutions partnership

Our expert Risk Solutions team is dedicated to delivering up-to-date tools, resources and services to help your life sciences clients understand and manage their risks. 

Learn more

 

Trusted partner

We offer the support and financial strength of an "A"-rated leading insurance carrier.

Appetite

The Hanover offers expertise and solutions designed specifically for a broad range of small and mid-sized life sciences organizations. Our approach focuses on staying ahead of the curve on emerging risks and aligning the right protection for each unique organization.

Hanover Life Sciences Advantage delivers specialized insurance programs for companies in four key industry segments.

 

Visit the SmallComm Solutions portal for detailed appetite information for small commercial life sciences risks. 

Industry resources

 

 

Life sciences coverage checklist

Keep track of the key coverage and policy features offered by Hanover Life Sciences Advantage.

Download now 

 

Resources for your customers

Our Risk Solutions program includes onsite and remote assessments, on-demand learning, self-service tools and custom action plans that address the complex demands and issues facing your clients in life sciences.

Hanover ergonomics tool kit

Product recall services

See all of our Risk Solutions resources for life sciences organizations

 

Customer tools

Claims reporting

My Hanover Policy

 

 

Let's start a conversation today

Contact a member of our team to learn more about our coverage and services, and how we can help you tailor a solution for you and your clients.
 

Property, casualty,
errors and omissions

Felicia Burton
Director, Regional Technology, Life Sciences
704-409-1076 
fburton@hanover.com

Management liability

Jon Martin
Vice President, Distribution Management
269-240-8118
jonmartin@hanover.com

Marine and industrial property

Chris Zaneski
Vice President, Distribution Management
240-638-5706
czaneski@hanover.com