Monitor Liability Managers, LLC

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Monitor is a managing general underwriter for the Berkley Insurance Company. Both Monitor and the Berkley Insurance Company are member companies of the W.R. Berkley Corporation. Monitor is committed to offering the best possible combination of service, price and products for the biotechnology industry.

Nonprofit Directors and Officers Liability Insurance

Description
For more than 15 years Monitor has provided Executive Liability Insurance to meet the demands of the innovative and growing biotechnology industry. BIO and BIOTECanada have partnered with Monitor to provide Canadian BIO members and BIOTECanada members with Nonprofit Directors and Officers Liability Insurance. Monitor offers nonprofit entities a combination of Director and Officers Liability, Employment Practices Liability and Fiduciary Liability Insurance. It gives directors and officers the protection they need, both personally and professionally.

Member Benefits:

	5.0% claim-free policy renewal credit
	Pre-negotiated coverage terms for members
	Very competitive premiums for companies at all stages
	Low minimum premiums for early stage companies
	Modified prior notice enhancement for clinical trials
	Definition of claim for Health Canada proceedings

More Information
To learn specific details about the program, including coverages and premium rates, contact your local insurance agent or broker. You may also contact Marsh, BIOTECanada's preferred broker for business insurance, at 416-349-4381 or suzanne.a.liberman@marsh.com.

General information about Monitor can be found at www.monitorliability.com. To learn more about the program benefits of the BIO-BIOTECanada-Monitor Directors, Officers and Corporate Liability Insurance for public and private companies, contact David Aller at Monitor, 800-446-2100, x502 or daller@monitorliability.com.

NEW PARTNERS

FreeMind Group: Assists with NIH and DOD funding opportunities. FreeMind specializes in raising funds from government agencies and other non-dilutive sources through grants and contracts.

Not a BIO member? You still may be eligible. View the list of participating state/regional biotech associations.

"The BIO Business Solutions program is very valuable to a company, especially now. Everybody is looking to save money in any way they can, and some ways are, frankly, quite painful. This one is a method that is not painful at all - in fact, it is easy. We pretty much do what we've always done; we're just paying less money for the same things. It's a win-win." Matt Pfeffer, Corporate Vice President and Chief Financial Officer, MannKind Corporation