Overview
Specialist liability coverage for healthcare innovators
AXIS is dedicated to serving life sciences firms, using the latest technology to stay ahead of current trends, as well as regulatory and compliance issues facing the industry.
Essential coverage
Product Liability and Professional Liability coverages help ensure delivery and innovation of vital lifesaving drugs and medical devices.
Customized underwriting
Keen understanding of issues life sciences firms face at all phases of their product and pipeline cycles.
Long-term approach
Consistent support for brokers and life sciences customers through changing market cycles.
Solutions
- Supporting Excess over:
- Product Liability
- Professional Liability
- General Liability
- Medical Professional Liability
- Straight line capacity, quota share, and ventilated options available
- Primary offering coming soon
- Supporting Excess over:
- Product Liability
- Professional Liability
- General Liability
- Medical Professional Liability
- Straight line capacity, quota share, and ventilated options available
- Primary offering coming soon
Appetite
From small research and development startups to large-scale commercial enterprises, AXIS Life Sciences is dedicated to supporting firms through every phase of their business journey.
Target classes:
- Biotechnology
- Clinical trials
- Contract manufacturers
- Contract research organizations
- Life sciences service organizations
- Medical devices
- Pharmaceuticals
- Research and development
Capabilities
- AXIS provides coverage on an excess basis with limits up to $15M
- AXIS focuses on working with specialist life sciences brokers
- Customized and bespoke underwriting options available
- Straightforward follow-form policy language
- Defense expense provided within the limits of insurance
- Erosion recognition for prior underlying retro dates
- Partial payment of loss language
- No size of risk minimum or maximum
Contact US
Life Sciences solutions at your fingertips
To learn more about how the AXIS Life Sciences team can help you, contact Pranav Shroff, Head of Life Sciences.
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
Related
What’s happening at AXIS
Related news and updates across the organization
Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
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