Chubb covers life sciences property/casualty risks.

The Chubb Chubb is the name of several individuals and companies:

Bruce Chubb, American model railroader
Ralph Chubb, British poet
Thomas Chubb, Britist Deist philosopher
Chubb Corporation, the U.S.

Group of Insurance Cos. is offering a portfolio of policies to protect life sciences companies from property/casualty exposures. Customarq for Life Sciences portfolio offers customers property, general liability, human clinical trials and errors and omissions errors and omissions n. short-hand for malpractice insurance which gives physicians, attorneys, architects, accountants and other professionals coverage for claims by patients and clients for alleged professional errors and omissions which amount to negligence. insurance in one package.

As the life sciences industry continues to experience rapid changes in the legal and regulatory reg·u·late
tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates
1. To control or direct according to rule, principle, or law.

2. environment influenced by innovation, they will need even more specialized spe·cial·ize
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2. attention, the company said in a statement.

The policy contains options and features including: coverage in case there is damage or loss due to a change in controlled environment; and product withdrawal and crisis management expense protection providing a $25,000 limit of insurance at no additional charge for life sciences companies with a formal product-recall program.

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Title Annotation:	Marketplace
Author:	Goch, Lynna
Publication:	Best's Review
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Nov 1, 2004
Words:	124
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Topics:	Insurance industry Service introduction Life sciences Insurance

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