Clinical Trials Insurance
We pride ourselves on our ability to provide complex insurance solutions for Clinical Trials. We do this with speed and accuracy to ensure our clients avoid delays in the Clinical Trial application process.
Clinical Trial Solutions we provide
What is Clinical Trial Insurance?
Clinical Trial Insurance is vital to ensure compensation for participants in case of injuries during trials. Essential for Life Science companies engaged in drug, device, diagnostics, and surgery advancements, this coverage addresses challenges like local regulations and ethics committee requests. It prioritises safety and compensation for potential harm to research subjects.
How we can help you?
As an insurance broker, we play a vital role in Clinical Trials, sourcing coverage that provides ample funding for compensating all Research Subjects. Whether it’s a large global study or a small domestic one, we swiftly access tailored insurance solutions to meet your specific needs.
Why choose us?
We excel in providing essential insurance for Clinical Trials, showcasing the necessary funding to compensate all Research Subjects. Our strength lies in delivering swift and precise solutions, ensuring our clients avoid delays in the application process.
Find out more about how our friendly team can help you!
Our Clinical Trial Insurance ensures your protection and financial security during the trial, providing compensation for any injuries or damages that may occur. It safeguards your well-being and helps navigate potential challenges, offering peace of mind throughout the trial process.
Clinical Trials FAQ’s
Insurers consider various factors when assessing Clinical Trial risk, including:
- Type of Trial: Drugs, Vaccines, Medical Devices, Surgical Procedures, Non-Interventional Studies
- Phase of Trial for Drugs: Phases I – IV
- Research Subject Demographic
- Countries where the study takes place
- Length of Research Subject Participation
- Means of Administration: Oral, Injection, Temporary Implants, Permanent Implants, Surgery
- Quality of Research Sites
- Stage of Product Development
- Probability and Severity of Side Effects
These factors, specific to each insurer’s guidelines, influence their decisions on Clinical Trial exposures.
To streamline the process for an insurance quote, we work with top insurers, requiring minimal information at the quotation stage. Obtain formal terms by providing:
- Clinical Trial Protocol
- Informed Consent Form
- Countries of Trial
- Number of Research Subjects per Country.
Absolutely. Ethics committees won’t approve a trial without adequate coverage.