Travelers Introduces Comprehensive Life Sciences Practice to Service Medical Technology, Pharmaceuticals & Digital Health Com...
23 Mai 2019 - 3:00PM
Business Wire
Coverage lines include products liability,
cybersecurity and errors and omissions
The Travelers Companies, Inc. (NYSE TRV) today announced a new
comprehensive Life Sciences practice, which builds on 35 years of
industry experience, to offer insurance and risk management
solutions across the fields of pharmaceuticals, medical devices and
digital health, which includes health care IT, telemedicine and
medical software. Travelers now provides life sciences
organizations with access to multiple lines of coverage, including
errors and omissions, cybersecurity and industry-specific products
liability, including clinical trials.
“Technological and scientific innovations are transforming the
way we approach human health and are creating a new set of risks in
Life Sciences,” said Michael Thoma, Global Technology Chief
Underwriting Officer at Travelers. “Providing tailored solutions
specific to this industry will help our customers guard against the
vulnerabilities they may face throughout the product development
lifecycle, from research and clinical trials to production and
distribution.”
Along with extensive knowledge and global capabilities,
customers benefit from:
- Specialized Risk Control professionals
who help them evaluate and mitigate risks specific to their
businesses.
- Access to Travelers’ industrial hygiene
lab and experienced hygienists who can help them assess their
employee exposures.
- A comprehensive library of safety
resources, available online and via the Risk ToolworksTM mobile
app.
- Expert claim handlers and attorneys who
can help resolve the complex legal and regulatory issues that may
arise.
For more information about Life Sciences products and services
from Travelers, please visit travelers.com.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider
of property casualty insurance for auto, home and business. A
component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of
approximately $30 billion in 2018. For more information, visit
www.travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190523005346/en/
Media:Kate Thermansen,
860.954.1789ktherman@travelers.com
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