Evolving Insurance Coverage For Nanotechnology Risks

Law360, New York (July 7, 2016, 4:16 PM EDT) -- Marialuisa Gallozzi

Charles J. Fischette Although nanomaterials and nanotechnology are proliferating across traditional manufacturing, medical technology and defense fields, among others, the management of associated risks has lagged behind. Manufacturers and users of nanomaterials must consider how to mitigate and transfer risk. This article focuses on coverage for nanotechnology-related risks under traditional insurance policies and under the one nanotechnology insurance product currently on the market.

Nanotechnology

Defining nanotechnology can be difficult: it is more a process than a line of products. In general, nanotechnology refers to the manipulation of matter at a microscopic scale, usually with at least one dimension of...

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