CNY Biotech Accelerator, Upstate Medical University Presents Concept to Commercialization Virtual Series: Insurance for Clinical Trials: Product Liability & Product Recall- How to Reduce Premiums
Kevin Delaney, Vice President/Account Executive and Jennifer L Green, Vice President, Senior Wealth Advisor, Tompkins Insurance Agencies
This session will discuss the liability considerations of clinical trials involving investigational products.
This presentation will provide an overview of the why, what, when and how of clinical trial product liability and recall insurance. This will include:
- Why is clinical trial product liability and recall insurance coverage necessary?
- What are coverage cost drivers?
- When is coverage needed?
- How can insurance costs be reduced?
- What types of companies provide this type of coverage and can they provide sample quotes?
- What is an estimated annual premium going to cost?