Biotech Startup Business Insurance in Boston

The Biotech industry is booming, especially in Boston, Massachusetts. Boston holds an extremely high concentration of people interested in biological and biomedical sciences. The area presents ample opportunity for biotech startup companies, in fact, the Mass Biotechnology Council estimated that jobs in the Massachusetts Biotech sector have grown by 28 percent since 2007 and by almost five percent the last two years. Forty years ago, two universities (MIT and Harvard University), birthed the field of Biogen and Boston has been turning biology into business ever since.

Launching a biotech startup in Boston is hard work, but protecting it with the right amount and type of business insurance, shouldn’t be. You may think that where your business is just getting off the ground that it is too small to justify insurance or that the expense is too much. However, no matter how small a business is, there are still risks and coverage can be tailored to your budget during each growth stage: from see to scale. Our varied company selection allows our startup business experts to design the most comprehensive protection plan possible at competitive prices.

Your Biotech Business Insurance Program Can Include:

  • Complete solutions for property, auto, general liability & workers’ compensation
  • Same-day issuance of insurance certificates
  • Professional risk exposure consultation
  • 24/7 claims access
  • In-house registry services

Enhanced biotech business insurance coverage options available include:

  • Cyber/Data Breach Liability
  • Errors & Omissions Coverage
  • Directors & Officers
  • Commercial Crime Coverage
  • Key Person Life Insurance
  • Employment Practice Liability

You can trust our biotech business insurance specialists to prepare an insurance program specific to the unique needs of your business. The team at McSweeney & Ricci will protect your business in the present, and grow with you into the future. For more information on biotech business insurance for your Boston startup, contact McSweeney & Ricci at 844.501.1360 or send us a message.

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