CHUBB – Select Savings

Business Services


For more than 25 years, Chubb has been providing cost-effective risk management and insurance protection tailored to the unique requirements of biotechnology companies. This experience and expertise, coupled with Chubb's financial strength and superior claims service, were the reasons BioForward selected Chubb as an insurance partner.


• Property and Casualty Coverage
• General liability insurance
• Insurance for R&D operations, including business income
• Highly protected risk (HPR) arrangements
• Worldwide coverage territory
• Competitive premiums for companies at all stages
• "Damage to your products" insurance
Clinical Trials Liability, Errors and Omissions Liability, Products Liability, Professional Liability Coverage
• Commercialized products as well as products in all stages of human clinical trials
• Financial loss to third parties arising out of negligence
• Contract research

Contract Highlights: 

  • Competitive premiums for companies at all stages
  • Low minimum premiums for early-stage companies
  • Broad coverage tailored to meet the unique needs of the biotech industry
  • Dedicated loss control and claims specialists for BioForward members
  • Use of proprietary software for determining business interruption limit
  • Devoted underwriting teams providing five-day turnaround for BioForward members

Contact Info

  • Brian Matzke

  • Senior Underwriter, Life Sciences, Commercial Insurance

  • [email protected]

  • (612) 373-7447