Travelers has expanded its Synergy product liability insurance for life sciences companies into California, completing its rollout across all 50 states. The coverage protects against product-related claims throughout the development life cycle, from research and development through manufacturing and distribution, with optional add-ons for errors and omissions liability, product recall expenses, and clinical trial medical expenses. The company also introduced broader Sales Professional Liability coverage for representatives working in clinical settings. California is home to more than 17,000 life sciences companies and ranks among the top states for biotech activity.
The Travelers Companies IncExpands product liability insurance to California life sciences market, increasing potential customer base.