The Doctors Company, a leading national medical malpractice insurer has made the process of obtaining coverage for drug trials easier for their policyholders. Existing Doctors Company policyholders participating in clinical trials that are approved by an Institutional Review Board (IRB) will now benefit from automatic liability coverage.
Beginning January 1, 2009 in California, Colorado, Florida, Georgia, and Maryland, Doctors Company policyholders will no longer need to obtain pre approval to join new IRB-approved clinical trials.*
As with any practice change, it is still wise to contact your broker and discuss coverage needs before undertaking any new venture or assuming additional liability.
* NOTE: This change is subject to regulatory approval. In rare instances, The Doctors Company may elect to not provide automatic clinical trial coverage and require pre approval for specific trials.
Presidio Insurance Solutions (800)317-6411 www.PresidioInsurance.com