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May 23, 2019

Travelers expands medical industry insurance coverage

Travelers cos. insurance HBJ File Photo The Travelers Cos. office in Hartford.

Property and casualty insurer The Travelers Cos. Inc. has expanded its medtech segment to insure organizations in the life sciences industry.

The New York-based insurer, which has a major presence in downtown Hartford, announced Thursday its life science practice is now offering insurance and risk-management services to pharmaceutical, medical device and digital health companies, which includes healthcare IT, telemedicine and medical software. 

Travelers’ life sciences unit provides organizations errors and omissions, cybersecurity and industry-specific products liability.

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