A.J. Renner : Exclusive Programs and Binding Authorities : Pharmaceutical Program

A.J. Renner : Exclusive Programs and Binding Authorities : Pharmaceutical Program

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	Home > Exclusive Programs and Binding Authorities : Pharmaceutical Program

Mortality for Animals in Transit

Equipment Program

A.J. Renner


	Exclusive Programs and Binding Authorities Pharmaceutical Program *"A.J. Renner is a creative, service oriented problem solver."*
	Our signature program has been providing primary product liability coverage since 1990. Underwritten through Lexington Insurance Company and supported by a dedicated reinsurance treaty, the program provides up to $15,000,000 in limits on a broad policy form. We can entertain: Manufacturers Distributors Packagers Contract Manufacturers Virtual Manufacturers Research and Development including Clinical Trials Our client base is quite varied, ranging from small start up companies to firms with revenues in the billions. The Pharmaceutical team has over 70 years of experience in this difficult class of business, and we are supported by: A specialty third party claims administrator active since the inception of the program. A national network of defense counsel uniquely qualified in the pharmaceutical industry. A dedicated team of underwriters and claims professionals. Policy Form Highlights Rated A+15 A.M. Best Pay on behalf of Insuring Agreement Mature Retroactive Dates Available True Worldwide Coverage Territory Aggregated Self Insured Retentions - Includes Defense Costs Coverage triggered by "Claims Made against any Insured during the policy period or any ERP" as compared with "Claims Made and reported". Unlimited Extended Reporting Period option available. 7 years standard at 100% - 5 years at no charge. Silent as respects punitive damages Blanket Broad Form Vendors Included Blanket Contractual - Insured Contracts Broad Definition of Insured Mutual Consent to Counsel Mutual Consent to Settle 60 or 90 Day Notice of Cancellation / Non-Renewal Blanket Clinical Trials / Bio Studies Employed Professionals Coverage FDA Endorsement - Blanket Products Including Worldwide Clinical Trials Premium / Rate Development Premium based on "Net Sales". Both varied rates by product category and composite rates available. Blanket Clinical Trials included at no additional premium. Significant rate credits for non-North American exposures, distribution exposures and contract manufacturers. Significant credits to rate as revenues increase. Value Added Services Dedicated TPA Claims Management Defense Counsel Network Product Consulting Including: Litigation History Search Regulatory Activity - specific compound or therapeutic class Active participation in trade association Liaison for potential strategic alliances with others Due diligence assistance for mergers / acquisitions Global market representation Experienced and focused claims advocacy Regular update on markets and claims activity Excess Product Liability To further support our commitment to our customers, we have exclusive arrangements with top rated excess carriers who provide excess limits as required by each insured. Up to $20,000,000 in limits excess of primary are exclusive, and up to $150,000,000 are available on a preferred market basis, on a following form. When you have an opportunity in the Pharmaceutical arena, let us provide the depth of knowledge, breadth of experience and exclusive program capabilities to ensure success! A member of the life sciences team is always available for prospect or client meetings or conference calls.

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