Medical Professional and E&O Liability Insurance for
Clinical Research Organizations
Overview
The rapid and intense pace of advancement in all aspects of clinical trials – legal, economic, and regulatory - is the driver of insurance coverage for entities and individuals engaged in biomedical research. In response to the evolving needs of health care organizations, business entities, academic institutions, and individual professionals engaged in clinical research and human subject-related professional activities, Darwin is now offering liability insurance coverage for clinical research related exposures.
Clinical Research Liability Insurance (CRLI) is the first product specifically designed to respond to a broad spectrum of risks associated with this highly regulated industry. CRLI provides a seamless suite of coverages unmatched by any other insurer. Each risk is carefully examined by our team of underwriters, risk managers, and claims managers.
Target Markets
- Contract Research Organizations
- Independent Research Sites
- Site Management Organizations
- Institutional Review Boards & Independent Review Boards
Eligible Risks
- Community Hospitals
- Managed Care Organizations
- Physician Practice Management Companies
- Private Medical Practitioners
- Other Clinical Research Professionals, such as Clinical Research Coordinators and
Clinical Research Associates
- Other Researchers or Entities providing services in the areas of biomedical, behavioral, or
veterinary research
Limts
- Standard primary limits of $1 / $3 million
- Up to $10 million
Features & Highlights
- Clinical research professional liability coverage
- Administrative / regulatory defense coverage
- Billing-related proceedings coverage
- Public relations consultation coverage
- Worldwide coverage
- The most complete suite of coverages available to the clinical research industry
- A flexible program that can be tailored to meet the unique needs of each individual
client
Premium Credits / Special Programs
- Premium credits for AAHRPP-accredited applicants
- Premium credits for ACRP-certified applicants
- CRLI program for hospitals marketed in association with the American Hospital
Association (AHA)
Jurisdictions
Available in all states on a surplus-lines basis.
Submission
Requirements
Darwin can quote from most competitors’ applications. However,
for primary coverage a completed, signed Darwin application
is required prior to issuing a policy.
Access to this product is available only
to Darwin-approved producers. Approved producers may email account
submissions to submissions@darwinpro.com,
fax them to 860 284 1302, or mail them to the address below.
If you are not a Darwin-approved producer,
click here for a list of approved
referral wholesalers for this line of business.
Darwin Professional Underwriters, Inc.
9 Farm Springs Road, Farmington, CT 06032
V 860-284-1300 | F 860-284-1301 | E info@darwinpro.com
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