Biotech Company Insurance in Boston, MA
Protecting Biotech Companies against Risk in Boston and throughout Massachusetts
Boston is becoming a hub for biotechnology and pharmaceutical companies. Biotech and pharmaceutical companies do very specific work, which is of a sensitive nature. These companies can therefore be subject to risks that are potentially catastrophic, and for this reason, biotech companies need protection. Insurance provides protection that's necessary, and at LJM Insurance Agency, Inc. we have a comprehensive biotech company insurance program. Through our program we write customized solutions for individual biotech companies in Massachusetts. We’ll write a customized solution for you, and as a result, your company will be fully secure for the right price.
Biotech Company Insurance Coverage Details
Biotech company insurance can be a lot like business insurance, but the coverages in policies for this type of insurance match distinct risks that are specific to biotech companies. This is one reason among many why we’ll help you select the right coverages. Whether you want to protect against spoilage losses and device recalls or to mitigate risks related to stock losses and clinical trials, we can help you.
The coverages from which you can choose include:
- Clinical trials insurance
- Directors and officers (D&O) liability
- Employment practices liability (EPL) insurance
- Fiduciary coverage
- Global insurance programs
- Information technology errors and omissions (E&O)
- Intellectual property liability insurance
- Pollution and radioactivity liability insurance
- Product liability insurance
- Property insurance for prototypes, vivariums, and cargo
- Temperature change and spoilage coverage
- Workers compensation
- Services and Support tailored to Biotech Companies
Biotech companies are extremely valuable. For these companies to protect themselves they need insurance agents who understand the biotech industry and who get to know individual operations well. We know the biotech industry and we assess our clients’ needs thoroughly. We create solutions that provide the greatest, most cost-effective protection, and once the solutions that we create are in place, we monitor them regularly. This way, every biotech company that we insure always stays covered.
Insurance Information for Businesses:
- Small Business Insurance Basics (The Insurance Information Institute (III))
- Insure U for Businesses (The National Association of Insurance Commissioners (NAIC))
- Small Business Insurance Facts and Resources (The U.S. Small Business Administration (SBA))
At LJM Insurance Agency we’re proud to provide biotech company insurance in Framingham, Boston, Marlborough, Newton, Worcester, Sudbury, and Natick, MA. We also serve other areas in the state and we serve other states.