Recently, The Travelers Companies, Inc. (TRV) was reported to have introduced a complete Life Sciences practice offering insurance and risk management solution in pharmaceuticals, digital health and medical devices including health care IT, medical software, and telemedicine. Their program is stated to offer cybersecurity, specific products liability, and coverage at multiple levels. Other aid by Travelers’ will include access to its industrial hygiene lab with the assistance of experienced hygienists, constant support of attorneys and claim handlers who can resolve legal and regulatory issues and many more.
Michael Thoma, Global Technology Chief Underwriting Officer at Travelers stated “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.” as per reports.
Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page.
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