Clinical Trials Insurance

Our specialist Clinical Trials Insurance team provide cover for every phase of a clinical trial, with locally compliant coverage given on an admitted basis.
Product description

We understand the complexity, urgency, and specific risks involved in every stage of a clinical trial. Our Clinical Trials insurance solutions provide protection for the sponsors/organisers of clinical trials for drug and medical device testing, covering their legal liability to pay compensation in the event of an injury to a trial participant. 

Our team of specialist underwriters, risk consultants, and claims experts — which includes pharmacists and (bio)chemists — support the underwriting of trials worldwide and throughout all phases of a trial: this is complemented by our speedy and reliable quotations and documentation which is crucial for clients in this specialist segment. 

Risks covered

We cover liability for all phases of clinical trials for drugs and medical devices as well as non-compulsory studies arising from negligent harm to trial participants or non-negligent harm (also known as no-fault compensation).

Underwriting is based on the agreed protocol and informed patient consent form (ICF) which describe the objectives, design, methodology, statistical considerations, and organization of a clinical trial.

Actively growing
  • Pharmaceutical
  • Medical device
  • Indemnity to the insured as “trial sponsor”, including pharmaceutical companies and contract research organizations
  • Liability for injury to a trial participant, including no-fault compensation where required
  • Coverage can be provided for the full length of the trial
  • Fully admitted policies in each territory in local language
  • Compliance with the local level of cover in all territories
About usCommercial will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions. The products and services described on this page may not be available in all locations. This is for your general information only.

1. Cyber incidents (36%) - 2023 rank: 1 (34%)

2. Business interruption (31%) - 2023 rank: 2 (34%)

3. Natural catastrophes (26%) - 2023 rank: 6 (19%)