Clinical Trials Insurance
We're one of the UK’s leading insurance brokers for life sciences, and can help protect your patients and your business when it comes to the complex legal liabilities arising from clinical trials. Our specialist team will be happy to advise you.
Clinical trials insurance is an essential component of your medical research programmes, protecting your participants as well as your business should something go wrong. Whether you’re running mass clinical trials or smaller studies, or just beginning your recruitment, you’ll know that clinical trials can come with significant negligence, malpractice and liability risks.
Exclusive insurance with broad wording
Our exclusive insurance for clinical trials is a broad package for pharmaceutical and biotech businesses, life sciences companies and clinical research organisations – including universities. We offer one of the widest wordings on the market today, written to avoid ‘grey areas’ which can fall between the separate wordings offered by some other providers (which can then cause problems with any claims).
Clinical trials insurance – covers
Your insurance for clinical trials could include public liability insurance; products liability cover; legal liabilities insurance; no-fault compensation cover; errors and omissions liability; and medical malpractice liability.
We also offer extensions which add further protection for your organisation, including directors’ and officers’ cover, barcode insurance, motor contingent liability insurance, and legal expenses cover. Our Lloyd’s of London-backed clinical trial packages enable risks to be covered globally.
Note that our products liability insurance includes costs in addition to damages, which is not always offered by competing products.
Clinical trials insurance – highlights
- Exclusive insurance for clinical trials, tailorable to your needs
- Includes physical clinical trials as well as any ‘paper trials’
- Next-day quotes usually available
- Option to spread the cost by paying monthly via premium financing*
- Access to Lloyd’s underwriters and the broader London markets
- Option to extend to global coverage – ask us about the territories
- We can cover foreign and domestic clinical trials for US companies
- Start-up enquiries welcomed.
*Provided by Premium Credit Limited subject to credit check. Click here for further terms and conditions.
Clinical trials claims
We handle our clinical trials insurance claims right here in-house. You’ll also have a named claims handler, who will work closely with you to try and get you the settlement you deserve. Policy limits and exclusions may apply, please see policy wording for full terms and conditions.