Life sciences
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.
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.
Property and general liability
- Selection of base property broadening endorsements that add or enhance more than 50 coverages
- Suite of general liability broadening coverage that add or enhance over 21 coverages
Additional coverage options
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.
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.
Trusted partner
We offer the support and financial strength of an "A"-rated leading insurance carrier.
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
Resources for you
Marketing materials
Life sciences coverage scenarios
Life sciences claims scenarios
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.
See all of our Risk Solutions resources for life sciences organizations
Customer tools
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
Greg Ketay
Vice President, Distribution Management
630-760-3045
gketay@hanover.com
Marine and industrial property
Chris Zaneski
Vice President, Distribution Management
240-638-5706
czaneski@hanover.com