Clinical Trials Insurance
Research insurance or Clinical Trials Insurance, managed by TTIB – strengthens confidence for medical and pharmaceutical businesses, mitigating damage that may arise from clinical trials. Managed by TTIB as a Japanese expert non-life insurance broker with over 20 years of experience.
TTIB's Insurance Partners
We partner with more than 30 insurance companies, both Thai and international.
Why Should Research Businesses Get Clinical Trials Insurance?
Manage risks that may arise from clinical research
Mitigate and share damage costs and liability compensation
Build trust-in-process among research project participants
Enhance credibility of the research business, meeting criteria and protocol as required by the concerned government offices
Highlights of Clinical Trials Insurance as managed by TTIB
Research insurance managed by TTIB is a plan professionally designed for risk management in the pharmaceutical and product research industry. It provides comprehensive coverage for damage arising from trials in accordance with strict criteria set by relevant authorities.
20+ Years of Expertise
Managed by a Japanese non-life insurance broker, an affiliated company of Toyota Tsusho Thailand group, combining Japanese work standards with an understanding of such unique culture-mix.
Licensed Corporate Non-Life Insurance Broker
Fully licensed under the supervision of the Office of Insurance Commission (OIC) Thailand, operating with transparency and compliance.
Broad Network Insurance Partner – Plan Customization for Diverse Research Projects
Expertise in consultation to select insurance plans that align with your specific research protocols, ensuring full compliance with governmental regulatory requirements and clinical research standards.
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What is Clinical Trials Insurance?
Clinical Trials Insurance offers essential protection for sponsors, investigators, and trial participants. This coverage safeguards against liability arising from unforeseen events, such as medical malpractice, procedural complications, or severe adverse reactions that may lead to bodily injury or fatality during the course of the clinical study.
What is Clinical Trials Insurance Coverage?
Covers sudden or unexpected losses and damage,
- Medical expenses for those affected
- Financial protection from lawsuits and legal proceedings
- Compensation for trial participants or those affected, particularly in cases of loss of working capacity
- Expenses during legal proceedings
- In the event of death: funeral expense coverage, and child support for surviving dependents for the assumed remaining life of the policyholder
What Types of Businesses is Clinical Trials Insurance Suitable For?
Medical and pharmaceutical business groups that conduct, support, or manage clinical trials, such as:
- Pharmaceutical and biotechnology companies
- Medical device developers
- Life sciences companies
- Medical technology companies conducting clinical trials
- Research institutions
- University research hospitals or physician groups
Why Choose TTIB to manage your Clinical Trials Insurance?
TTIB is a Japanese insurance broker with over 20 years of expertise in the insurance industry. As a broker, we source a wide range of insurers and compare plans that truly fit, suitable for various types of research projects from both Thai and international companies – ready to serve customers at full services under professional standards.
20+ Years of Expertise
Managed by a Japanese non-life insurance broker,
an affiliated company of Toyota Tsusho Thailand group,
combining Japanese work standards with an understanding
of such unique culture-mix.
Quick Service Support, Transparent in Every Process
We provide quickt, straightforward service at every step based on realistic possibilities, presenting insurance plans that meet customer needs with confidence.
Attentive to Every Customer Need
We provide service throughout the entire
insurance coverage period with consultation,
price comparison, renewal reminders,
and claim coordination or other assistance.
Exclusive Privileges and Promotions
We offer competitive pricing with carefully selected privileges not only discounts or complimentary items – for both existing and new customers.
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Buying insurance with TTIB is really good.
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FAQs
Clinical Trials Insurance
What are the insurance acceptance conditions?
The coverage conditions for Clinical Trials Insurance vary depending on the nature of the business and the specific characteristics of the trial, as outlined in the project’s protocol and regulatory requirements. Policyholders have the flexibility to customize their plans or purchase additional coverage beyond the core protection, provided that all arrangements strictly adhere to the standards mandated by the governing authorities.
Therefore, Buyers are required to complete the application form and provide detailed project information, including the specific protocol and business type, to allow our insurance partners to assess and propose a comprehensive coverage plan tailored to your project’s needs.
When will the policy begin coverage?
The policy takes effect from the date as specified in the policy document, provided the premium has been paid in full.
Payment methods and channels
As this is a business-to-business payment, the policyholder may choose to pay the premium directly to the insurance company, or through TTIB as the insurance intermediary (broker).
Which channels can I contact staff through?
Check plans, or enquire about insurance suitable for your business at Tel: 02-115-9410-21, Mon–Fri 8:30–17:00 service hours, or fill in the form on our website for a callback, or email [email protected]