Clinical Trial Insurance, Clinical Trials Insurance

Clinical Trial Insurance

Research with confidence

Accelerating technological and scientific advancement make clinical trials insurance more and more crucial to scientific research and product development. With strict protocols and legislation governing each clinical trial, there is little margin for error. This is made even more complex when humans are involved and trials cross international boundaries.

Increasingly, clinical trials insurance must not only respond to local legislation but also to the requirements of overseas ethics committees. This is because Phase II and III clinical trials and evaluations now tend to be undertaken outside Australia. This adds greater complexity to the process of identifying the right clinical trial insurance for your organisation.

Finding the right insurance plan for clinical trials liability can be difficult and time-consuming. Many insurers simply ‘carve out’ protection from existing coverage on offer. Insurance House offers complete packages direct from the world’s leading medical insurers.

Full protection from a leading insurer saves you time and money – as well as covering liability exposure, it shows prudent financial management, giving security to potential investors.

Your clinical trial risk experts

There is a dearth of expertise in clinical trials across the Australian insurance industry. Insurance House is one of a handful of insurers capable of sourcing and designing policies for this specialised area. Our experts deal with all nature of clinical trials across the scientific and medical research fields and the pharmaceutical and cosmetics industries.

What’s more, our close connections to the London insurance market means that we have a direct line into one of the world’s foresmost insurers in this sector. This gives you access to leading international products in the clinical trials field. We also help you manage all of your risks – including biomedical errors and omissions or medical malpractice. We conduct a full exposure analysis and personalised coverage plan which is reviewed annually to ensure optimum coverage and cost-effectiveness.

Free access to IH Business Assist

Take out clinical trial insurance with Insurance House and you will automatically register for our free support service, IH Business Assist. This includes:

• Comprehensive financial analysis assistance
• Risk assessment service involving a formal review process
• A fully-qualified Account Manager and Support Team offering dedicated individual service
• A variety of other support services including claims analysis and consulting, valuations, access to our online knowledge bank and subscription to our quarterly newsletter.