DUAL Group
Austria
Finland
France
Germany
Ireland
Italy
Netherlands
Spain
Sweden
Switzerland
United Kingdom
Europe
Australia
Hong Kong
New Zealand
Singapore
USA
Key benefits
Built for complex exposures
Cover is designed to address the specific liabilities your Life Science clients face. This includes clinical trials and product recall to medical malpractice and IP infringement.
Global reach for international operations
DUAL’s Benelux-based underwriters operate globally. Through the Lloyd’s license, our policies offer worldwide cover, backed by our network in 22 countries.
High limits and flexible structures
We offer limits up to €20M. This includes the flexibility to tailor policy schedules to suit the client’s risk profile and distribution model.
Support for broad chain of Life Sciences
Our appetite spans a wide ecosystem within the Life Sciences industry. This includes product development, manufacturing, service providers, and non-clinical laboratories. See our full risk appetite below.
Primary and Excess flexibility
We offer policy limits of up to €20 million, for primary and excess positions with flexibility in attachment points. Our solutions are available to both retail and wholesale brokerages, providing flexibility and scale to meet a range of client needs.
What's covered
Our Life Sciences insurance can include cover for a wide range of exposures, depending on your clients’ business needs. These include:
Standard coverages
Cover for legal liability arising from third-party damages related to running a business – typically before delivery of services or products.
Designed to protect your clients against compensation costs generated by employee claims.
Protection against losses arising from defective products
Cover designed to protect your clients against liabilities arising from conducting services such as contract manufacturing, research and development.
Protect your clients in the event of claims for damage caused to natural persons related to conducting medical services.
Designed to protect against property damage to third party goods being under your care, custody or control.
Coverage for costs related to support by an external crisis consultant in case of a loss.
Indemnification for costs directly related to recalling defective products, for example, costs of retrieval, replacement, transportation, storage, and product disposal.
Covering pure financial losses related to infringement of some Intellectual property rights.
Help your clients safeguard against damages or compensation to research subjects, arising from bodily injury as a result of clinical trials in addition to local compulsory coverages.
Policy limits available
Up to €20m
line size / policy limits
Retail or wholesale
available to retail and wholesale brokerages
Risk appetite
We can provide solutions for a range of clients, including (but not limited to):
Medical devices
- In vitro diagnostic tests/ diagnostic devices
- Rehabilitation/mobility/ implants
- Software-as-a-medical-device
- Imaging/contrast agents
- Durable medical equipment
- Chronic care/infusion/ home care
Pharmaceutical products
- Oncology
- Vaccines
- Dermatology
- Pain management
- Psychopharmacology
- Nutraceuticals
- Other prescription or over the counter
- Active pharmaceutical ingredients
Service providers
- Contract research organizations
- Contract manufacturers
- Non-clinical laboratories
Underwriting requirements
To start the underwriting process, we use a smart application form tailored to your client’s exposures with a focus on:
- Company or project description and activities
- Financial documents
- Risk management procedures
- Regulatory compliance
- Insurance and claims history