Insurance for High-Tech, Clean Energy, Life Sciences, and Emerging Growth Industries
Through decades of firsthand experience, our technology risk specialists are fully conversant in the risk dynamics faced by firms in such industries as:
High Tech/Clean Energy
- Enterprise/information systems
- Components and peripherals
- Data center technologies
- Clean/renewable energy
- Biofuels and fuel cells
- Energy intelligence and reliability
- Biotechnology platforms
- Medical devices and diagnostics
- Healthcare IT
Putting Our Expert Knowledge to Use
Our technology group at Eastern Insurance Group LLC focuses exclusively on the unique needs of firms in the high-tech, clean energy, life sciences, and emerging growth industries. We provide solutions to help companies deal with the uncertainties that can threaten their success.
We use contemporary risk modeling tools to help our customers identify, analyze, and quantify risks.
We help you decide which business risks you should assume internally, which risks should be transferred to a third party through insurance, and which combination is the best mix based on your current and projected capital structure.
Risk and Protection Milestones - A Company Life Cycle
As a business evolves, so does its business risk profile. From seed-stage through venture funding and from IPO to global market leadership, a company's risk management strategy needs to accommodate the business opportunities at each stage in a firm's life cycle.
Our technology group provides risk management focus and insurance solutions appropriate for each of these development stages:
- Stage 1: Seed
- Stage 2: Emerging Growth
- Stage 3: IPO or Privately Held Market Leader
- Stage 4: Mature or Publicly Traded
In today's quickly changing environment, we have the capabilities to meet change and solve problems.
We offer a broad range of insurance products, including:
- Director's/Officer's (D&O) Liability
- Technology Errors and Omissions
- General and Professional Liability
- Commercial Auto
- Workers' Compensation
- Umbrella and Excess
- Employment Practices Liability
- Employee Benefits
- Personal Lines
- Intellectual Property
- Clinical Trials Product Liability
- Trade Credit & Political Risks
- M&A Product Development for Reps & Warranties Exposures
Consisting of seasoned professionals and skilled experts, our technology practice is structured to continuously provide you with backup, support, and personalized attention.
Comprehensive claims management services are a fundamental component of our practice. Our dedicated in-house Claim Service Center provides 24/7 claim reporting and direct access to technical support for inquiries and effective claim resolution.