Latest news with #LBP
Yahoo
15 hours ago
- Business
- Yahoo
Berkshire Hathaway Specialty Insurance Launches Life Science, BioTech & Pharmaceutical (LBP) Management Liability Policy in Australia
BOSTON & SYDNEY, June 09, 2025--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance (BHSI) today announced the introduction of a Management Liability Insurance Policy tailored expressly for Life Science, BioTech and Pharmaceutical (LBP) companies in Australia. "The new LBP Management Liability Policy reflects our commitment to Australia's thriving life sciences community and our deep understanding of the challenges start-ups face at every stage of their journey," said Jessica Jefferies, Underwriting Manager, National Brokers, Executive & Professional Lines, BHSI Australia. "Life Sciences is one of the most promising industries in Australia and we are thrilled to be able to provide an innovative solution to support the industry". BHSI's new LBP Management Liability Insurance Policy is specifically for the R&D ecosystem – all stakeholders in Australia's diverse and energetic life sciences sector. The new product offers enhanced cover tailored for life sciences companies, with coverage not found in standard Management Liability policies. BHSI's solution will extend cover and ensure Directors, Officers, Scientific and Medical Advisory Boards all get the benefit of cover as they develop cutting-edge solutions globally. With an understanding of the funding requirements, the product provides two key elements of protection, extending cover for private capital raisings, and not excluding cover in the event of the Company's insolvency. With many Australian life sciences companies looking abroad for clinical development, BHSI's offering has the ability to extend protection to U.S. exposures, recognising the frequent pursuit of FDA approvals by Australian firms. The new solution expands BHSI's existing Management Liability policy wording for private companies and not-for-profits. BHSI is a leading market for Directors and Officers Liability insurance for ASX-listed life sciences companies in Australia. This launch extends that expertise and forms part of BHSI's strategy to provide tailored support for biotech and pharmaceutical customers from start-up to scale. To learn more, contact Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) ABN 84 600 643 034, AFS Licence No. 466713 ( provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident & health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. Berkshire Hathaway Specialty Insurance Company holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai, Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich. View source version on Contacts MEDIA CONTACTJoAnn Lee / +1 617.936.2937
Business Wire
15 hours ago
- Business
- Business Wire
Berkshire Hathaway Specialty Insurance Launches Life Science, BioTech & Pharmaceutical (LBP) Management Liability Policy in Australia
BOSTON & SYDNEY--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance (BHSI) today announced the introduction of a Management Liability Insurance Policy tailored expressly for Life Science, BioTech and Pharmaceutical (LBP) companies in Australia. 'The new LBP Management Liability Policy reflects our commitment to Australia's thriving life sciences community and our deep understanding of the challenges start-ups face at every stage of their journey,' said Jessica Jefferies, Underwriting Manager, National Brokers, Executive & Professional Lines, BHSI Australia. 'Life Sciences is one of the most promising industries in Australia and we are thrilled to be able to provide an innovative solution to support the industry'. BHSI's new LBP Management Liability Insurance Policy is specifically for the R&D ecosystem – all stakeholders in Australia's diverse and energetic life sciences sector. The new product offers enhanced cover tailored for life sciences companies, with coverage not found in standard Management Liability policies. BHSI's solution will extend cover and ensure Directors, Officers, Scientific and Medical Advisory Boards all get the benefit of cover as they develop cutting-edge solutions globally. With an understanding of the funding requirements, the product provides two key elements of protection, extending cover for private capital raisings, and not excluding cover in the event of the Company's insolvency. With many Australian life sciences companies looking abroad for clinical development, BHSI's offering has the ability to extend protection to U.S. exposures, recognising the frequent pursuit of FDA approvals by Australian firms. The new solution expands BHSI's existing Management Liability policy wording for private companies and not-for-profits. BHSI is a leading market for Directors and Officers Liability insurance for ASX-listed life sciences companies in Australia. This launch extends that expertise and forms part of BHSI's strategy to provide tailored support for biotech and pharmaceutical customers from start-up to scale. To learn more, contact Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) ABN 84 600 643 034, AFS Licence No. 466713 ( provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident & health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. Berkshire Hathaway Specialty Insurance Company holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai, Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.
Gulf Today
18-05-2025
- Health
- Gulf Today
Sharjah surgery gives mobility to wheelchair-bound student
A 21-year-old wheelchair-bound student has regained his mobility, after a three-hour emergency microscopic surgery in Sharjah and is now ready to take his exams at his university in Baghdad. Concerning lower back pain (LBP), Neurosurgery consultant Dr. Adnan Shariq told Gulf Today, that while six of 10 of his patients in the UAE have been discovered to have sustained herniated or slipped discs – manifested by severe pain and muscle spasms – the way to keep this at bay is by maintaining a 'healthy spine.' A healthy spine means keeping the appropriate weight and appropriate body mass index, said Shariq, from his office at the Oriana Hospitals and Clinics in Sharjah. 'We have to keep this in mind because the spine absorbs majority, if not all, of the pressure of the body. We have to make sure that our back muscles are strong because these support our spine,' said Shariq who got fascinated with Neurosurgery because it has to do with the brain, the spine, the traumas, and corresponding surgeries, while at medical school in Romania. 'We keep our back muscles strong by regular physical exercises like walking. Hydration is important because we have to keep our discs from drying so these will not break,' he also said, adding that of his LBP patients across the country in the past two years, it is not the elderly who are most affected. It is those who drive for long hours and those who normally get stuck in traffic, office workers who also have to deal with screen times, and those who stand for long hours such as the store merchandisers. 'Do not sit or stand for long hours. These put much pressure on the spine, especially if we are overweight and obese. Take a break and relax,' Shariq said. Shariq's expert opinion on LBP and his observational data from his patients were enquired, since the medical data of his 21-year-old patient who had to be on wheelchair for at least a month, revealed that he met a moped-related accident in Baghdad in September 2024. The young man fell from the mini motorcycle he was on with a friend. Surgery was conducted on October 3, 2024. The UAE trip happened two weeks later. According to the magnetic resonance imaging done on November 7 at the Sharjah hospital, 'he was already an emergency case. There was infection in the spine. We had to perform the surgery soonest.' The accident impacted the patient's left lower back. The fall 'squeezed' his spinal cord as a consequence of an 'herniated' or slipped disc whereby the disc 'ruptured,' allowing the 'rubber-like material' within the disc to ooze out 'putting pressure on the spinal cord and nerve root.' The patient became wheelchair-bound, weak and unable to walk after the October 3 surgery since a pus build-up or abscess occurred. Enquired about the consequence if the infected spine of the 21-year-old remains neglected or unattended, Shariq who went to specialise in neurosurgery for seven years in Germany, said: 'The abscess would spread to the entire body. By the time we checked on him and based on tests the hospital conducted, there was already a high infection rate in the blood. His spinal cord was long compressed. His left lower back nerve root was almost completely crushed. So, the numbness on his left leg and his inability to walk.' Saying that each nerve root has one function relative to body movements, Shariq also said: 'Small infection could be treated with antibiotic. But with the clear spinal column compression and the abscess, microscopic surgery was the only solution.' The three-hour emergency microscopy surgery that began with an incision on the patient's left lower back took place on November 10. The abscess was completely drained. Relaxation of his 'squeezed' spinal cord followed. Post-therapy included an eight-week dosage of two kinds of antibiotics to prevent abscess recurrence. There were 10 physiotherapy sessions for muscle strengthening and for the restoration of the patient's gait or 'power for walking since he had been on wheelchair for more than a month.' 'He visited last April 29. He was happy. Already independently walking. He was here to get his medical report which he needed for his exams in his university in Baghdad,' Shariq said.
The Hindu
09-05-2025
- The Hindu
Over 2,000 homes surveyed and 100 plus CCTV cameras installed by Erode police to strengthen surveillance in the district.
As part of ongoing crime prevention efforts, door-to-door surveys have been completed in 258 homes in Sivagiri village and around 2,000 Lower Bhavani Project (LBP) canal-side houses in the Perundurai police sub-division, according to a release from the Erode police on Friday. The release also stated that over 100 CCTV cameras have been installed at key locations across the district, with an additional 250 cameras deployed in areas under the Perundurai police sub-division. Six two-wheeler patrols, one four-wheeler, and eight armed teams are conducting round-the-clock patrols. On May 8, 2025, 54 individuals were detained for suspicious activity, and their fingerprints were collected for analysis. So far, 83 village monitoring meetings have been held across the district. The total number of CCTV cameras installed across Erode district now stands at 13,456. The increased security measures were disclosed by the police following a complaint from an elderly couple in Marappampalayam, Karuppannan (75) and Lakshmi (65), who reported seeing torchlights near their home and hearing their dogs barking persistently on the evening of Thursday, May 8. Concerned by the unusual activity, the couple informed the local police. Upon investigation, it was found that the torchlight belonged to Kannusamy, a local man who was harvesting ridge gourds from his leased farmland nearby. CCTV footage confirmed that the activity was routine, with no signs of suspicious intent. Furthermore, the police clarified that the couple's dog had vomited due to overfeeding, and not poisoning, as initially feared. The Erode District Police have urged the public to avoid spreading unverified information and to report any suspicious movements to local police stations.
New Indian Express
06-05-2025
- New Indian Express
Police step up canal patrolling in western Tamil Nadu after elderly couple's murder
COIMBATORE: Following the murder of an elderly couple living alone in a farmhouse in Erode district recently, the state police department has increased the patrolling units along irrigation canals, as suspects are believed to be using such channels passing through farmland to reach their target. Covering the districts of Tiruppur, Erode, and Coimbatore, which rely on major irrigation projects such as the Parambikulam Aliyar Project (PAP), Lower Bhavani Project (LBP), and Noyyal River irrigation channels, the police have increased their canal-based patrolling units from 39 to 82. Due to the high number of isolated farmhouses in these western districts and purportedly similar methods (intruding into their target house using the canal route) deployed in previous crimes, the police are zeroing in on the rural areas of Erode, Tiruppur, and Coimbatore, all of which fall under the Coimbatore Range in the West Zone. 'A number of farmlands are linked to these three major irrigation projects, and the water distribution canals passing through them could have been used by the burglars to reach their target. To address this, we had initiated canal-based beat patrolling in Erode and Tiruppur districts four months ago and established teams in Coimbatore as preventive measures. The patrol teams concentrate on routes along the irrigation networks. Following the recent double murder in Erode, we have doubled the personnel in these patrol teams,' said a senior police officer from the range. According to police sources, Tiruppur district, which has approximately 80 km of irrigation network, has seen its beat patrolling units grow from 23 to 35.
