Contact: David Aller

     Monitor Liability Managers, LLC

     800-446-2100, ext. 502

     daller@monitorliability.com
 

 


 

 

Directors and Officers Liability Insurance
Management Liability Insurance
Employment Practices Liability Insurance
Nonprofit Liability Insurance

Since 1997, Monitor Liability Managers, LLC has served as the preferred provider of executive liability insurance for BIO through the BIO Business Solutions® program. Monitor has consistently demonstrated that it understands the unique needs of the biotechnology industry. BIO is proud to partner with Monitor and bring its knowledge and experience to the BIO membership. 

Why You need Executive Liability Insurance

From the decisions of your board of directors to various employment-related actions, your company faces countless risks that could lead to a lawsuit including:   

-  Antitrust violations
-  Breach of fiduciary duty
-  Securities fraud
-  Unfair competition 		 -  Discrimination
-  Wrongful Termination
-  Harassment
-  Retaliation
  

Monitor has the experience and solutions to manage those risks. Monitor’s insurance programs are designed with the requirements of the biotechnology industry in mind. Monitor offers: 

For public traded companies       
-  Directors and Officers
-  Employment Practices Liability
  With optional      
-  Fiduciary Liability (Optional)
-  Crime Insurance (Optional)
  
For private held companies and nonprofit entities     
-  Directors and Officers
-  Employment Practices Liability
  With optional  
-  Fiduciary Liability (Optional)
-  Crime Insurance (Optional)
 

Exclusive BIO Member Benefits    

  • Pre-negotiated coverage terms
  • Affordable priced premiums for companies at all stages
  • Preferred pricing fro claims free accounts

Financial Stability

As a W. R. Berkley Corporation (www.wrberkley.com) member company, Monitor offers its policyholders the stability and financial security of an industry leader and issues policies through these A.M. Best Company A+ rated insurers.     

 

 Admiral Insurance Company 
-   A.M. Best Company rated: A+ (Superior) 
-   Financial Size Category (FSC): XIV

 Berkley Insurance Company
-   A.M. Best Company rated: A+ (Superior)
-   Financial Size Category (FSC): XV  
 Carolina Casualty Insurance Company
-   A.M. Best Company rated: A+ (Superior)
-   Financial Size Category (FSC): XIV 

 

Eligible Association Members

In addition to members of BIO, members of the following state and regional biotech associations can take advantage of this program:

>> Alabama (BioAlabama)
>> Arizona (AZBio)
>> California - Northern (BayBio)
>> California - San Diego (BIOCOM)
>> California - Los Angeles (SCBC)
>> Colorado (CBSA)
>> Connecticut (CURE)
>> Florida (BioFlorida)
>> Georgia (GaBio)
>> Hawaii (HISciTech)
>> Illinois (iBIO)
>> Indiana (IHIF)
>> Kansas (KansasBio)
>> Kentucky (Kentucky BioAlliance)
>> Maine (BAM)
>> Maryland (TCM)
>> Massachusetts (MassBio)
>> Michigan (MichBio)
>> Minnesota (LifeScience Alley)
>> Mississippi (MS BIO)
>> Montana (MBA)
>> Nevada (NevBio)
>> New Jersey (BioNJ)
>> New Mexico (NMBio)
>> North Carolina (NCBIO)
>> Ohio (BioOhio)
>> Oklahoma (OKBio)
>> Oregon (Oregon Bio)
>> Rhode Island (Tech Collective)
>> South Carolina (SCBIO)
>> South Dakota (SD Biotech Association)
>> Tennessee (Life Science Tennessee)
>> Texas (THBI)
>> Utah (BioUtah)
>> Utah (UTC)  
>> Vermont (VBSA)
>> Virginia (Virginia Bio)
>> Washington (WBBA)
>> West Virginia (BioWV) 
>> Wisconsin (BioForward)

   

More Information

To learn about specific details about the program benefits, contact David Aller at Monitor Liability Managers at 800-446-2100, ext. 502 or at daller@monitorliability.com.

General information about Monitor Liability Managers, LLC can be found at www.monitorliability.com.