Beazley vs HUB International Product Liability Insurance

Beazley includes products/completed operations coverage as one of the core coverages in its Life Sciences package, bundled in a single policy form (BioSecure) alongside errors and omissions, healthcare professional liability and general liability rather than sold as a standalone product-liability policy. ^5,6Company-reported. Life Sciences and BioSecure product pages; the bundled structure applies to this life-sciences segment, not a general commercial product-liability offering.

HUB brokers general and product liability insurance as part of its casualty practice, arranging coverage with regional, national and specialty carriers rather than underwriting the policy itself. ¹⁰Company-reported. Casualty product page, read 2026-09-23; the page does not name a specific issuing insurer.

The reviewed Life Sciences and BioSecure pages do not name the insurer that issues products/completed operations coverage for a given account; the issuing entity is not established by these product pages. ^5,6Not found in reviewed sources. Both pages as read on 2026-09-23; no policy form, declarations or entity-specific disclosure for this line was reviewed.

HUB says it maintains relationships with regional, national and specialty carriers for casualty placements, but the reviewed page does not name the insurer that would issue a given client's product liability policy. ¹⁰Not found in reviewed sources. Checked the casualty product page on 2026-09-23; the carrier for a specific placement depends on the quote.

Beazley targets middle-to-large life-sciences organizations for this coverage, including medical device companies, pharmaceutical and biopharmaceutical manufacturers, blood and tissue banks, biotechnology firms, contract research and contract manufacturing organizations, and academic research institutions. ^5,6Company-reported. "Who we can help" sections of the Life Sciences and BioSecure pages; smaller life-sciences companies or other segments are not addressed by these pages.

HUB highlights vertical expertise in transportation, construction, healthcare, hospitality, manufacturing and real estate as industries where it says commercial liability exposures, including product liability, are most complex. ¹⁰Company-reported. Casualty product page industry-expertise description; not an underwriting appetite statement.

Beazley describes products/completed operations coverage as responding to bodily-injury and property-damage claims arising from a life-sciences organization's sold products, illustrated with scenarios such as a heating pad allegedly causing burns and a device allegedly causing skin burns during a procedure. ⁶Company-reported. Illustrative example scenarios on the BioSecure page; scenarios show the type of claim the coverage is meant to address, not a guarantee that a particular claim is covered.

Product-liability coverage for life sciences is written on one of three product forms: BioSecure for clinical-trial and sold-product organizations, NutraGuard for nutraceutical, personal-care and cosmetics companies, and WellTech for technology-focused life-sciences organizations; general liability within the package can be written on a claims-made or occurrence basis. ⁵Company-reported. Life Sciences page "Our Coverages" and general-liability line item; the reviewed pages describe BioSecure in the most detail and do not itemize which coverages NutraGuard and WellTech each include.

HUB says its General & Product Liability offering addresses injuries or property damage to the public arising from a client's premises or operations, its products, contractual liabilities, natural catastrophes, or violent events. ¹⁰Company-reported. Casualty product page scope-of-protection description; the issued policy's insuring agreements and exclusions control an actual claim.

HUB pairs its product liability brokerage with related casualty coverages it also arranges, including product recall coverage, crisis-response support, sexual misconduct liability (SML), active-assailant protection and Violent Acts Liability insurance. ¹⁰Company-reported. Casualty product page complementary-coverages list; availability of each coverage depends on the client and placement.

The reviewed Life Sciences and BioSecure pages do not publish limit, retention or deductible amounts for products/completed operations coverage; those figures are not shown until an application and quote. ^5,6Not publicly disclosed. Both pages as read on 2026-09-23.

Published product liability policy limits or retentions were not found on the reviewed page. ¹⁰Not publicly disclosed. Checked the casualty product page on 2026-09-23; limits are set through the risk-financing assessment and the quote.

Beazley says it has dedicated wordings professionals who craft policies for the life-sciences sector and a named healthcare claims team, including a Claims Team Leader and Claims Product Specialist for healthcare, that handles claims on this coverage. ^5,6Company-reported. "The Beazley Difference" bullets and team listings on the Life Sciences and BioSecure pages; claims-handling quality and turnaround are not independently verified.

HUB says its casualty team runs risk-financing assessments to set retention levels, program structures and coverage limits. ¹⁰Company-reported. Casualty product page strategic-approach description.

Beazley posts a Life Sciences application form and a separate BioSecure application under each page's Tools & Resources, pointing to a broker-submitted underwriting process rather than a direct online quote for this coverage. ^5,6Company-reported. Tools & Resources links on both pages; the application forms themselves were not opened.

Not described in the reviewed sources.