Clinical Research Organizations (CROs) may be engaged by the life science companies to conduct a variety of services from developing study protocols to managing the site, handling and evaluating data and even assisting with regulatory obligations. This wide range of services that may be administered by the CRO creates specific exposures and liabilities.
Your company is about to embark on a clinical trial. Insuring this exposure is unique and a bit more complex than your typical insurance. This blog provides three high level items you need to obtain a quote and place coverage followed by a question and answer section to help you gain an introductory level understanding.