Insights on risk for life sciences companies
Travelers understands the life sciences industry and how important it is to protect it. Our years of experience working with medical device, digital health and pharmaceutical/biopharmaceutical companies, gives us a unique outlook. We understand the risks facing life sciences companies today, and are prepared for what’s next in this exciting industry, offering industry-specific coverages, products and insights.
Like science fiction
Innovation in life sciences happens quickly, and companies in this space need an insurer that understands the risks they face and offers the right coverages to help protect them. For more than 35 years Travelers has stayed in-step with the evolving needs of this growing sector.
(SPEECH)
[MUSIC PLAYING]
(DESCRIPTION)
Text, Travelers.
Supporting the next frontier in life sciences. We travel through stars.
(SPEECH)
SPEAKER 1: It's a cutting edge drug that tracks down and targets only cancer causing cells.
(DESCRIPTION)
Diagram.
(SPEECH)
SPEAKER 2: An ingestible robot pills delivering precise amounts of medication.
(DESCRIPTION)
Hip implant.
(SPEECH)
SPEAKER 1: Hip implant now connecting to TV, rehab program initiating.
SPEAKER 3: It's not some far off sci-fi fantasy. It's here today. In clinics, operating rooms, and labs across the country. Smart drugs, super genetics, digital wearables, artificial intelligence. Ironically it's cold hard science that is freeing us to more fully realize our humanity.
(DESCRIPTION)
Taps watch.
(SPEECH)
Pushing the limits of what it means to be alive. Of course, exploring new human frontiers has risks.
(DESCRIPTION)
Silver ball.
(SPEECH)
Travelers has insured life science companies for decades. Giving us the expertise to manage a range of business risks across the product lifecycle, R&D, clinical trials, manufacturing, all the way to distribution. We meet the unique needs of pharmaceutical, medical technology, and digital health companies.
Covering everything from product liability to cyber and global risks.
(DESCRIPTION)
Globe.
(SPEECH)
This protects businesses, innovations, and people. Who knows where the life sciences will take us but wherever it is, Travelers will be there to support the next big innovation.
(DESCRIPTION)
Travelers Logo
(TEXT) Learn about our advanced product solutions
Visit travelers dot com slash life sciences.
Life Sciences Resources
Risks Facing Pharmaceutical Companies, from Trials to Commercialization
As pharmaceutical companies grow and transition to commercial production operations, they can address the risks they face with planning and insurance coverage.
Life Sciences Resources
Managing Cyber Risk for Life Sciences Companies
Life sciences companies are a growing target for cybercriminals. Learn how to prevent an attack and protect your interests.
Life Sciences Resources
From Research to Revenue: Managing the Pharmaceutical Transition
Learn the challenges our Life Sciences Practice Lead has seen pharma businesses face as they transition from clinical trials to commercialization, including scaling manufacturing, off-label concerns and risks of AI.
Medical technology, digital health and pharmaceutical companies
Medical technology, digital health and pharmaceutical companies are on the cutting edge of progress, science and innovation – which is why properly insuring, across the entire life cycle, is crucial.
Industry expertise
Resources for Technology
The Risks of IoT in Medicine and Healthcare
From the smallest sensors to entire operating room systems, the Internet of Things (IoT) is helping to save lives and changing the practice of medicine.
Resources for Technology
Medical and Healthcare IoT
The Internet of Things (IoT) is rapidly changing medical and healthcare technology. Here’s a look at some opportunities and risks for technology software developers, IT companies and manufacturers.
Resources for Technology
Technology and Life Sciences Companies Face Unique Ransomware Risks
Learn how technology and life sciences companies face multiple impacts from ransomware attacks that can result in significant losses for technology and life sciences companies.
