Clinical trials play a vital role in today’s fast-moving pharmaceutical sector. To bring new medicines, devices, therapies and treatments safely to market, you need an expert liability insurer on your side.
Our no-fault compensation and legal liability insurance covers you against claims from all types of clinical trials and research studies, including Phase I, II, III and IV trials and bioequivalence studies. We specialize in covering trials that are designed to answer specific questions about new or existing therapies, drugs, medical devices and treatments.
QBE has been offering Clinical Trials and Pharmaceutical and Medical Devices cover for more than 15 years, and is one of the largest insurers of health and life science organizations today. We have a dedicated Medical Liability team supporting Canadian brokers and their clients. Our customers include everything from start up biotech R&D firms to some of the world’s leading pharmaceutical companies.
With the financial strength of the QBE Group behind us, we are able to offer capacity of up to US$75m per risk, underwritten on either QBE or Lloyd’s paper, or a combination of the two.
We understand that no two clinical trials bring the same requirements, so we tailor our cover to your precise needs. For example, we offer both annually renewable and full-duration policies for up to five years, and we can provide cover on a standalone basis or as part of a General Liability policy.
As part of the wider QBE Group, we can provide Clinical Trials cover in more than 150 countries. Working with our colleagues around the world, our expert team will keep you fully compliant with all local regulatory, legal and tax requirements.