27/08/2026
Clinical trials are one of the most complex things to insure in Australia and most brokers treat them like a standard business package.
The risks are completely different. You've got participant liability, sponsor liability, investigator liability, intellectual property exposure, regulatory risk across multiple jurisdictions if the trial is international, and the very real possibility that years of work and significant grant funding gets wiped out by an event that a standard policy was never designed to cover.
Most of the researchers and sponsors I work with come to me after they've already been placed somewhere else. The policy looks fine on paper. It isn't.
If you're running a trial or funding one and you haven't had someone who actually understands this space look at your cover, that's worth fixing.