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BIO Business Solutions Introduces Cyber Insurance Coverages through Aon and Chubb

 

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As a leading life sciences firm, it’s your mission to drive innovation and ensure your people and assets are protected. The pervasiveness of Cyber in day-to-day business operations introduces serious legal, business, and reputational risks to life sciences companies. Increasing regulations and customer, employee, and shareholder expectations implore firms to identify, mitigate, and transfer cyber risk. Therefore, BIO is pleased to announce that:

  • Aon, the BIO Business Solutions executive liability broker, has created a Cyber Panel for Network Security and Privacy Liability. Members can benefit from expansive insurance solutions and competitive pricing, utilizing broad Aon-negotiated policy language, with a unique array of defined services delivered by reputable insurance carriers. more info
  • Chubb, the BIO Business Solutions endorsed property and casualty insurer, has added cyber liability to its program offering, with the same 10% premium credit provided for liability insurance (subject to regulatory limitations). Chubb offers robust cyber insurance products and services backed by teams of knowledgeable underwriters. If Aon is your appointed broker, Chubb will compete for member business through Aon’s panel. Other Chubb appointed agents or brokers may also seek a quote from Chubb on your behalf. more info
With questions or for more information, contact bbsinfo@bio.org. Please explore these exciting new offerings to better protect your company from these emerging threats.



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