Life sciences
Life sciences is all about potential—to change a life, or even save a life. Hanover Life Sciences Advantage offers a broad array of specialized coverages for the unique risks of life sciences organizations, including:
- Medical devices- research and development, manufacturers and distributors of diagnostic, surgical, therapeutic, and monitoring devices
- Pharmaceuticals- research and development, manufacturers and distributors
- Digital health- including healthcare information technology and telemedicine
- Contract research- including pre-clinical and clinical support to the pharmaceutical, biotechnology and medical device industries, in addition to research institutes
- Dietary and herbal supplements- including manufacturers, distributors and contract manufacturers of dietary and herbal supplements
- Human clinical trials- including foreign and domestic human clinical trials for medical device manufacturers and pharmaceutical companies
Our broad solution, Hanover Life Sciences Advantage, was designed for the complex coverage needs of life sciences organizations. Its flexible coverages and services can be customized for the unique needs of a wide array of companies in the diverse life sciences segment. Our multi-line solution for life sciences features:
General liability
Property
Commercial auto
Commercial umbrella
Workers' compensation
International coverage
End-to-end coverage for medical devices, pharmaceuticals, digital health and contract research organizations
Our comprehensive solution, Hanover Life Sciences Advantage, was designed to meet the complex coverage needs of life sciences organizations. Its flexible coverages and services can be customized to meet the unique needs of a wide array of companies in the diverse life sciences segment.
Hanover Fusion
The cornerstone of our specialized offering for life sciences organizations, Hanover Fusion is a customizable solution that combines several key coverages in one policy.
Offerings
- Products completed operations (including human clinical trials)
- Errors and omissions
- Information security and privacy and personal injury
- Media and content
Optional Hanover Fusion coverages include:
- Data breach expense
- Products recall expense
- Human clinical trials expense
- Fines and penalties coverage
- Regulatory proceeding claim expense
Technology Professional and Cyber Advantage
This solution provides true technology E&O coverage for companies delivering technology solutions that support healthcare organizations.
Hanover Technology Professional and Cyber Advantage is an integrated technology product that includes several important coverages, including errors and omissions, cyber liability, first-party security breach coverage and more, all within a single unified policy.
Healthcare professional liability
Our Hanover healthcare offering complements our life sciences capabilities with the ability to provide a unique professional liability coverage solution to life sciences organizations with a clinician or healthcare professional exposure, including:
- Broad professional liability coverage for administrative services, healthcare services, physicians coverage (for select classes), medical directors, proctoring services, and independent medical and non-medical contractors coverage
- Most policies will be written claims made on non-admitted paper
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