Exclusive Programs and Binding Authorities

Pharmaceutical Program

Our exclusive signature program has been providing primary product liability coverage since 1990. Underwritten by the Chubb Group of Insurance Companies, the program provides up to $15,000,000 in limits on a broad policy form. In addition we have another $10,000,000 exclusive excess capacity through Ironshore on a following form.

Where the majority of revenues are generated from generic pharmaceutical products, our program can entertain:

• Manufacturers
• Distributors
• Packagers
• Contract Manufacturers
• Virtual Manufacturers
• Products in Bio Studies and Clinical Trials

• 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.

• Members of the Chubb Group of Insurance Companies receive consistently high ratings for financial strength from A.M. Best, Moody's and Standard & Poor's, the leading independent analysts for the insurance industry.
• 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.
• Blanket Broad Form Vendors Included
• Blanket Contractual - Insured Contracts
• Broad Definition of Insured
• 60 Day Notice of Cancellation / Non-Renewal
• Blanket Clinical Trials / Bio Studies
• Employed Professionals Endorsement
  (actual coverage is subject to the language of the policies as issued)

• Premium based on "Net Sales".
• Rates available on a composite basis or by product category.
• Blanket Clinical Trials included at no additional premium.
• Rate credits may be available for foreign exposures, distribution exposures and contract manufacturers.

• Dedicated TPA Claims Management
• Defense Counsel Network
• Product Consulting
• 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

• Extremes of Temperature
• Extremes of Humidity
• Limited Shelf Life
• Contamination/Co-mingling of Raw Materials
• Loss of Sterility