Biotechnology Insurance Broking Services

Biotechnology insurance and broking advice that delivers real financial and business benefits.

BioMelbourne Network has negotiated a member deal for biotechnology insurance services with an experienced biotech industry insurance broker.

The Biotechnology Insurance Broking Services deal aims to deliver:

• understanding of industry specific exposures;
• tailored policy coverage;
• in some instances, access to coverage and pricing strategies not achieved by other providers.

BioMelbourne Network receives referral income from this Member Deal. The Network funds its industry development programmes from member subscription fees, referral agreements and events.

Disclaimer: BioMelbourne Network accepts neither responsibility nor liability for any errors and or omissions contained in the communication material or products and services in this or any other promotional offer.

Avatar Brokers Pty Limited

Avatar Brokers provides specialist broking services to biotechnology companies. The key advantage Avatar offers is objective, in depth research on industry specific exposures.

Avatar understands the unique requirements of your industry, and takes the time to understand the specific issues and challenges facing your business. With notable expertise in the life sciences & technology sector, Avatar aims to deliver real financial and business benefits. Key reasons why this is achievable include:

  • On-going training and research on exposures faced by today’s life sciences & technology companies. This ensures Avatar has a better understanding of what your company does and a greater ability to identify the specific risks you face.
  • Avatar works with well-suited insurance companies to tailor policy coverage to meet your needs.
  • Member of an international association of privately held, entrepreneurial insurance and risk consultants specialising in technology & life sciences. This association, TechAssure, provides a collaborative environment to access worldwide expertise and leverage of the knowledge within this group.

Avatar also supports the industry by providing a rebate to the BioMelbourne Network on all Victorian biotechnology clients.

Avatar offers Network Members a free confidential assessment of their insurance needs against industry best practice.

Chubb Commercial Insurance of Australia Ltd

For nearly 130 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.

Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,100 employees. The Chubb Corporation reported $50 billion in assets and $13 billion in revenues in 2010. According to Fortune magazine, Chubb is the 185th largest U.S.-based corporation. Forbes listed Chubb as one of America’s 100 Most Trustworthy Companies.

We have emerged as a leader in the insurance industry not only on the basis of our size or our longevity. We consistently strive to build lasting relationships with our customers and 8,500 independent agents and brokers, and we aim to be the best at what we do by delivering unparalleled service and innovative, scalable and specialized products backed by financial strength and third-party endorsements.

What We Deliver to our Producers and Customers:

Unparalleled Service

  • We maintain a reputation for fairness and integrity by treating every customer — from policy issuance to claim settlement — as we would want to be treated.
  • Agent and broker associations, industry analysts and publications the world over consistently honor Chubb for our service quality — especially claims service.
  • It’s easy to do business with us through our global network of offices staffed by Chubb underwriters, risk engineers and claims specialists. Our claims service is 24/7. In addition, we provide a variety of online risk and insurance management solutions.
  • We have vast experience and expertise in managing personal and commercial exposures. For nearly 70 years, Chubb’s commercial risk engineers have provided an array of services that have helped our customers minimize loss potential. In addition, some 150 appraisers help our personal insurance customers safeguard their homes, possessions and families
  • We work with the most expert and service-oriented agents and brokers in the business, helping ensure the best possible insurance experience for our customers.


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