Arguably the most important part of the research and development journey for any business is the clinical trials stage. Insurance considerations should be made to manage the risk exposures to both your business and trail volunteers.
For example, non-fault liability for bodily injury to a research volunteer or damage to their property during clinical trials.
Through our partner insurers, we can arrange coverage for:
- Feasibility studies and all phases of clinical trials
- No fault compensation
- Multiple trail sites
- Long tail extended reporting periods.
- Insurance cover (paper) written to various territories local laws, and languages and considering varying international ethics committees.
Our underwriters keep pace with our client requirements, and it is not unusual for a trial sponsor to make last minute changes to their coverage. Often, insurance documentation is required to reflect changes that a sponsor might make to ICF or Protocol documentation.
Simon Wyndow heads up our Life Sciences team. In 2009 Simon began his insurance career in general commercial insurance advising and broking. Over the years of general practice, Simon took a professional and personal interest in medicine and biochemistry. Building upon this interest, he has developed experience and understanding of varying life science businesses and their complex risk management requirements.
All Med Pro works in partnership with specialist UK and Global insurers.
