Clinical trials insurance

Even the most well prepared and executed study can have serious consequences.

Clinical Trials Liability insurance protects researchers and subjects alike, from both negligent and no-fault harm. It covers both legal defence costs and compensation payouts.

Getting the insurance right is an important step in the risk management of a medical trial. Our specialist medical insurance consultants will help you mitigate your risk, in the most cost-effective way possible. By planning for a claim scenario from the outset, we ensure all the crucial risk thinking is in place before the trial proceeds. 

Policy Highlights

Protection at all levels
Everyone involved in conducting the trial is covered – from Research Associates to study sponsors.

Negligent harm cover
Legal expenses, plus any compensation pay-out to trial participants.

Non-negligent (no-fault) cover 
If a participant has been harmed or injured as a direct result of the study, they can claim on your insurance. 

Competitive pricing
Get affordable cover, from a trusted insurer, that's tailored to suit the needs of your trial.

Risk management advice 
We'll review the trial as part of the quote process, offering risk management advice based on our claims insights. 

Why choose Howden?

We have over 20+ years’ experience arranging bespoke insurance solutions for the life science industries with direct access to the world’s most experienced underwriters in this sector. These long-standing, exclusive partnerships have enabled us to develop innovative life science products that provide truly worldwide solutions

We have a proven track record in providing stability in underwriting appetite ensuring continual capacity is available, despite volatility in the market.

With dedicated, in-house claims handling, we provide a highly professional and personal service that makes the process of protecting against clinical trials risks fast, efficient and simple.

Our expertise caters to all types of clinical trials, including:

  • Biotechnologies
  • Cosmetic and OTC Products
  • Clinical Research Organisations
  • CBD/Hemp
  • Diagnostics
  • Medical Devices
  • Medical Equipment and Machinery
  • Nutraceuticals
  • Pharmaceuticals (Branded/ Contract / Generic Manufacturers)
  • Personal protective Equipment (PPE)
  • Veterinary Medicines
  • Vitamins

We also have a great of experience placing the more difficult-to-place risks for example: pregnancy, studies involving children, permanently invasive devices, blood-borne pathogens, and lifestyle drugs and/or treatments.

Key features include:

  • Unlimited aggregation capacity per study protocol
  • Full policy duration up to 10 years plus statutory Extended Reporting Periods (ERP)
  • Up to 6 years optional/supplemental ERP available
  • All policies compliant with local insurance and/or clinical trial regulations
  • Master policies available including DIC/DIL provisions
  • Public Liability and Medical Malpractice extensions available

Clear and concise documentation with English translations of Policy terms and conditions available in most territories

Who is the cover with?

Howden secures cover with AA-rated insurers with experience and expertise in the specialist area of medical trials. These insurers may be in local markets and the specialty markets of Lloyds of London in the UK. All the insurers we use are well respected, have extremely stable finances and will be viable long-term. 

At Howden, we are able to use we use our global buying power to arrange quality insurance at a cost-effective price.

Supportive, independent experts

When it comes to running clinical trials, solid insurance is the only ethical way forward. Things can go wrong, even if you did everything right. That's why it’s important to your trial subjects and your colleagues to have the cover arranged by an independent expert: when things go wrong, you're ready for it.

Need to make a claim?

Visit our claims page for more information