Business Daily Media

Men's Weekly

.

Chubb Launches New Premier Life Science Package

Celebrating 20-Year Anniversary of Life Sciences Expertise in APAC

SINGAPORE - Media OutReach Newswire - 3 April 2025 - Chubb today announced the launch of its new Premier Life Science package, a tailored insurance solution designed to meet the dynamic needs of companies in the life sciences sector.

This solution provides comprehensive coverage for a range of potential liability risks relevant to this industry, plus expanded coverage options for cyber risk and professional indemnity.

The launch of this product marks Chubb's 20-year anniversary of its dedicated Life Sciences capability in APAC, a significant milestone that highlights the company's commitment to the life sciences' industry. Chubb recognises the emerging risks and is focused on addressing the distinctive challenges faced by businesses in this rapidly changing sector. Chief among these concerns is the impact of digital transformation, which not only introduces additional risks but also brings the potential for cyber breaches that companies must navigate.

Travis McIntosh, Head of Life Sciences APAC, Chubb, said, "Over the past two decades, Chubb has established itself as a leading insurance specialist in life sciences in APAC. The team has grown from a single specialist to a dedicated unit with deep insights into the industry's unique needs and complexities. This growth has enabled us to develop insurance solutions that protect and empower businesses. The launch of Premier Life Science is a testament to our legacy in this sector and commitment to supporting the innovative companies advancing health and science."

Premier Life Science provides comprehensive casualty and cyber coverage that can be customised in a single package, allowing access to multiple lines of insurance through one point of contact. This tailored solution ensures that a diverse array of businesses, including pharmaceutical firms, biotechnology companies, medical device manufacturers, healthcare IT providers, and medical product distributors can protect themselves against financial losses stemming from unforeseen liabilities. It offers extensive coverage for various potential risks unique to this sector, from research and development to clinical trials, data management, and product distribution.

Key features of Premier Life Science include:

  • Product Liability and Clinical Trials Insurance: Protection against claims related to product defects or adverse reactions arising in clinical trials or from marketed products.
  • Enhanced Professional Indemnity: Financial loss protection for contract liability, products and services defects, copyright infringement and negligence.
  • Comprehensive Cyber Coverage: Protection against data breaches, ransomware attacks, and other cyber threats.
  • Tailored Risk Solutions: Customised coverage options designed to fit the unique operational challenges and risks associated with each client's specific area of expertise.

Premier Life Science is currently available in Singapore, Australia, Hong Kong and Korea, with plans to launch in other countries in APAC. For more information on Chubb's Premier Life Science, please visit: Chubb Life Sciences.


Hashtag: #Chubb

The issuer is solely responsible for the content of this announcement.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: .

News from Asia

Studio City Extends Toy Story Campaign with Splashing Summer Fun at Studio City Water Park

MACAU SAR - Media OutReach Newswire – 18 July 2025 - Studio City is excited to announce the extension of its popular Toy Story campaign, now making a big splash at Studio City Water Park...

Trend Micro Celebrates 20th Consecutive Recognition as a Leader in Gartner® Magic Quadrant™ Endpoint Protection Platforms

Threat intelligence and security capabilities continue to outpace threats HONG KONG SAR - Media OutReach Newswire - 18 July 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybers...

F88 earns Gold Level Certification for Client Protection

HANOI, VIETNAM - Media OutReach Newswire - 18 July 2025 - F88, a pioneer in Việt Nam's alternative finance sector, has once again affirmed its leadership position by being awarded the Gold Level C...

SKINARMA’s JAGER collection redefines street-smart carry with raw utility and urban edge

SINGAPORE - Media OutReach Newswire - 21 July 2025 - SKINARMA has launched the JAGER collection, a versatile lineup built for everyday explorers who need gear that keeps up with their pace...

Counterfeit and Refurbished Transducers Pose Serious Safety Risks

Merz Aesthetics® Hong Kong Launches Ultherapy® Authenticity Verification Reward Program This August Consumers Urged to Verify Ultherapy® Transducers Authenticity for Safe and Effective Treatments H...

IVD Medical Holding Limited (01931.HK): Officially launched the application for the US stablecoin license and accelerated the landing of the IVDNewCo Exchange ecosystem

HONG KONG SAR - Media OutReach Newswire - 21 July 2025 – IVD Medical Holding Limited(01931.HK) - Forward-looking layout of the historical opportunity of the US "Genius Act", the IVDD stablecoin pl...

FaatGo Officially Launches: A Hong Kong-Based Legal Platform Specializing in Criminal Defence and Injury Compensation

HONG KONG SAR - Media OutReach Newswire - 21 July 2025 - In response to the increasing demand for accessible and trustworthy legal information, FaatGo (https://faatgo.com/) has officially launche...

Galaxy Macau Ushers in ‘A Summer More Colorful’

The Award-Winning Integrated Resort Unveils a Dazzling Summer of Unparalleled Fun and Exclusive Rewards MACAU SAR - Media OutReach Newswire – 21 July 2025 - As the summer sun shines brightly, Gala...

Southeast Asia’s First Smart Battery Swapping Station Officially Launched: U Power Accelerates EV Ecosystem Across Three Continents

Hong Kong’s first station leads East Asia; Portugal and Peru mark U Power’s entry into Europe and South America PHUKET, THAILAND - EQS Newswire - 21 July 2025 - U Power Limited (Nasdaq: UCAR) and U...

V-Green introduces EV charging station partnership opportunities in the Philippines: Stable Revenue – Zero Risk – Breakthrough Potential

MANILA, PHILIPPINES - Media OutReach Newswire - 21 July 2025 - As Southeast Asia's electric vehicle (EV) market enters a phase of rapid expansion, V-Green Global Charging Station Development JSC a...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

Sell by LayBy