Coverage that protects innovation.
Biotechnology business insurance secured with Treadstone Risk Management.
Technological innovation comes with a unique set of assets, operations, and exposures to loss. That is why it’s important to do everything you can to protect your biotechnology firm. We’ll help you analyze your operations and develop a risk management and insurance program that’s just right for your company.
Get the insurance your biotech firm needs.
Biotechnology companies develop the future. They also require a lot of time and investment to do so. Make sure you cover the unique risks your company faces with a comprehensive risk management and insurance program. Get the right policies and consulting expertise to take care of both the small and large risks related to your individual operations.
What are the risks your company faces?
Imagine if a large batch of product went out the door and resulted in a handful of injuries. Not only would you face penalties and fines, but your firm would also suffer from financial losses due to a loss of brand image. Without adequate professional liability, product recall, and public relations coverage, you would be left with no way of protecting future revenue and defending your brand image.
Of course, traditional insurance may also protect you from more common things like fires, water damage, and worker injuries. Because even small issues can add up, and having a comprehensive risk management plan in place helps you protect your company and its potential, future innovations.
Protecting your biotech firm starts with the right risk management program.
Building the right program for your unique needs can seem overwhelming. We make things simpler by creating a comprehensive program step-by-step that gets you the program that is best tailored to your operation.
Every company is different, your coverage should be too.
Business insurance policies cover a range of options tailored to fit the needs of your operations and products. When reviewing your business insurance options, consider the following coverages:
- Business Interruption
- Flood Coverage
- Earthquake Coverage
- Equipment Breakdown
- General Liability
- Umbrella Liability
- Workers’ Compensation
- Professional Liability
- Products Recall
- Employment Practices Liability
- Directors & Officers Liability
- Cyber Liability
- Pollution Liability
- Fiduciary Liability
- Miscellaneous Coverage
Do you have the right program in place?
Does your current insurance and risk management program cover all your needs? Chances are, it doesn’t. As your risk manager, we’ll work with you to determine the risks your company faces and customize your program to fit your specific needs. Because whether you create tissue allografts or new medical devices, it’s your calling to make the future better. And your company deserves to be covered with an insurance and risk management plan that’s more than the bare minimum.
No matter what type of biotechnology business you have, you need specialized insurance. Contact us today for a consultation.
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