Monitor Liability Managers

Employment Practices Liability Insurance

Description
Since 1997, BIO has partnered with the leading provider of Employment Practices Liability Insurance (EPL): Monitor Liability Managers. EPL is a claims-made policy designed to pay the loss of the entity, its directors and officers or employees, for defined wrongful employment acts. Monitor's employment practices product has been made available to provide coverage for a broad variety of employment-related risks. EPL has been designed to meet the needs of small to mid-sized companies.

BIO has partnered with Monitor to bring their EPL expertise to the BIO membership, while also offering exclusive member benefits.

Member Benefits

	7.5% no-claims policy renewal credit
	Prenegotiated, standard coverage terms for members
	Very competitive premiums for companies at all stages
	Low minimum premiums for early stage companies
	Third party employment practices liability coverage
	Significant experience underwriting both public and private biotech companies

Eligible Association Members
Many state/regional biotechnology associations have partnered with BIO to offer their members the benefits of the BIO Business Solutions® program. In addition to BIO members, members of the biotech associations from the following states can take advantage of the BIO-Monitor EPL program:

	Alabama (BAA)
	Arizona (AZBio)
	California - Northern (BAYBIO)
	California - San Diego (BIOCOM)
	California - Pasadena (Entretech)
	California - Los Angeles (SCBC)
	Colorado (CBSA)
	Florida (BioFlorida)
	Georgia (GaBio)
	Hawaii (HSTC)
	Illinois (iBIO)
	Indiana (IHIF)

	Kansas (KansasBio)
	Kentucky BioAlliance
	Maine (BAM)
	Maryland (TCM)
	Massachusetts (MassBio)
	Michigan (MichBIO)
	Minnesota (LifeScience Alley)
	Missouri (MOBIO)
	Montana (MBA)
	Nevada (NevBio)
	New Jersey (BioNJ)
	New Mexico (NMBBA)
	North Carolina (NCBIO)

	Ohio (BioOhio)
	Oregon (OBA)
	Rhode Island (BioGroup)
	South Carolina (SC BIO)
	South Dakota
	Tennessee (TBA)
	Texas (THBI, BioMed SA)
	Utah (UTC)
	Vermont (VBSA)
	Virginia (VaBIO)
	Washington (WBBA)
	Wisconsin (BioForward)

More Information
To learn about specific details about the program, including coverages and premium rates, contact your local insurance agent or broker. You may also contact William Gallagher Associates, BIO's preferred broker for business insurance, at 888-4BIORISK (888-424-6747) or at bioinfo@wgains.com. Companies located in the western US can contact Woodruff-Sawyer & Co. at 415-391-2141. Or contact your local broker.

General information about Monitor Liability Managers can be found at www.monitorliability.com. To learn more about the BIO-Monitor EPL program benefits Monitor offers to member companies, contact David Aller at Monitor at 1-800-446-2100, X 502.

General information about William Gallagher Associates, BIO's preferred broker for business insurance, can be found at www.wgains.com. Specific information about the BIO-William Gallagher Associates business insurance program can be found at www.wgains.com/bio.htm.

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