Clinical Research Organizations

Today in the highly competitive clinical trials sector, if you don’t spot potential risks before they become a danger to the patient, and a regulator can prove you had the information to mitigate them, you are liable to face one or more of the following: closure of your business unit, a prosecution case that could lead to a jail sentence, and personal responsibility for the serious illness or death of a patient. Never before has it been so important for Clinical Trials teams to be alert for signals that point them in the direction of possible risks.

Regulators now expect a more risk based approach, and a framework such as this is proof you are taking it and them seriously. Regulators are changing the way they audit to reward a more proactive, structured approach.

Howden has a focus group dedicated to the Pharmaceutical sector which supports our customers engaged in clinical trials in providing risk consulting and insurance solutions. Our insurance solutions include:

Directors and Officers Liability
Commercial and General Liability
Property Insurance
Group Health Insurance
Group Personal Accident Insurance
Group Overseas Travel Insurance
Group Term Insurance
Keyman Insurance
Kidnap, Ransom & Extortion
Clinical trials