Arizona BioIndustry

Overview

Companies like yours are innovators in the advancement of bioscience solutions throughout Arizona and around the world. Whether your biotechnology company is an incubator or a market leader, HUB International has the resources to meet your needs.

As the 10th largest global insurance broker, HUB International is among an elite few that understands your risks and exposures. Our Biotechnology Practice offers comprehensive insurance and risk management solutions to meet the complex needs of biotechnology companies, research laboratories, medical device manufacturers, and pharmaceutical/nutritional manufacturers.

Our robust offering includes: 

  • Employee benefits purchasing programs, 
  • Property & casualty insurance, 
  • Directors & Officers liability insurance, 
  • Financial services and risk management solutions, including business continuation planning.

We work with highly rated commercial insurers and risk management consultants who specialize in your industry to bring a complete solution that meets your insurance needs.

HUB Southwest is pleased to be the trusted advisor to members of the Arizona BioIndustry Association

Business Insurance

  • Directors & Officers Liability
  • Clinical Trials Liability
  • Errors and Omissions Liability
  • Property & Casualty
  • Products Liability
  • Professional Liability
  • Business Auto
  • Umbrella

Description

When it comes to business insurance, it is critical that your insurance provider has a special knowledge of the biotech industry's unique needs in general as well as your company's specific needs.

 Whether you are at the beginning of the Biotech continuum or a mature company or anywhere in between, Hub International has the resources, market leverage and knowledge to meet all your insurance needs at any stage of development.

 AzBioIndustry Association has partnered with Hub International to give members the benefit of a local company with the strength of an international broker. Below are just a few examples members have experienced.

 “I met Mark and Bob from HUB International through my membership to AZBio Association. Mark saved MedTrust Online 10% of our health insurance premiums and Bob reduced our liability premium by 25%. This more than pays for our membership dues!!” Jane Wilhite – Director of Operations

 “Intrinsic Bioprobes Inc. reduced it’s property and liability insurance premiums more that 60%. I credit that to Bob’s expertise and knowledge of the insurance marketplace as it relates to the biotech industry and our specific insurance needs. I highly recommend taking advantage of his free review of exisiting policies." - Dobrin Nedelkov – CEO

“Our company, Dedicated Phase I, has switched to HUB International for our insurance needs. Bob’s proactive service, expertise and local presence made it an easy decision. We met at an AZBio networking meeting for which I am grateful. It is hard to put a value on piece of mind but it is well beyond the cost of membership”.  Sybil Yeaman– Business Development

“Bob and Mark from Hub International became familiar faces at the AZBio industry events. Their knowledge and commitment to their profession was evident. We now have a strategic partner to address our current and future risk management needs. Placing a value on this relationship is difficult, but the benefit to Algae Biosciences has been worth every membership dollar paid.”  Glen Galster - President

Employee Benefits

HUB International and Arizona BioIndustry Association are pleased to provide you access to the AZBio Employee Benefits Program. AZBio has selected HUB International to provide exclusive access to a preferred discount program on group medical, dental, vision, life, and long term disability offered through Humana.

The program provides special savings exclusively for AZBio member organizations. Humana underwrites each AZBio member company and rates the group accordingly, before applying the following discounts: 

  • 3% savings on medical coverage 
  • 5% savings on dental coverage

Additional bundled discounts are available when you add voluntary lines of coverage to the medical and/or dental coverage.

As an AZBio Industry Association Member, you can select from among these and other available health plans For more information, view a summary of each health plan at right, or contact a HUB advisor today.

If you have questions about the Arizona BioIndustry Association Employee Benefits Program, contact Mark New, Client Executive – Employee Benefits, at HUB International. - 602-749-4137.

Plans