Travelers Expands Product Liability Insurance to California Life Sciences Companies
Travelers (NYSE: TRV) has expanded its Travelers Synergy product liability insurance for life sciences companies to California, completing availability across all 50 states.
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What Travelers Synergy Covers
Travelers Synergy is designed to protect life sciences companies against product-related claims at any point in the product development life cycle – from research and development through manufacturing and distribution. Core coverage addresses bodily injury and property damage, and can be supplemented with optional add-ons, including:
- Errors and omissions liability.
- Product recall expenses.
- Clinical trial medical expenses.
What’s New for Travelers Synergy Policyholders
Travelers has introduced broader Sales Professional Liability coverage for life sciences companies whose sales representatives work in operating rooms, procedure rooms or other clinical settings. Available under either a shared policy limit or separate dedicated limit, the optional endorsement covers bodily injury or property damage arising from a sales representative’s actions.
“A company developing its first device has very different needs than one managing a large sales force in clinical settings, and
Why California Matters
To learn more about Travelers Synergy, contact your insurance agent or broker, or visit Travelers.com/lifesciences.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of nearly
View source version on businesswire.com: https://www.businesswire.com/news/home/20260728748625/en/
Media:
Luke Frey, 860-954-3678
lcfrey@travelers.com
Source: The Travelers Companies, Inc.