Markel launches Clinical Trials products to support clinical trials research, globally

Core Insights - Markel Insurance has launched a Clinical Trials insurance product to support clinical trials research and product development globally [1][5] - The new offering provides comprehensive coverage for sponsors, researchers, and participants across all phases of clinical research, tailored to meet regulatory requirements in over 100 territories [1][2] Group 1: Product Features - The Clinical Trials insurance product ensures timely issuance of quotations and policy documents through an automated platform, facilitating compliance with regulatory deadlines [2] - Markel's solution is designed to prevent delays in the clinical research process, which can lead to significant costs and reputational damage [3][4] Group 2: Industry Commitment - Markel aims to support innovation in the life sciences sector by providing effective risk transfer solutions for future lifesaving treatments [5] - The company emphasizes a people-first approach, leveraging relationships with brokers and clients to differentiate itself in the specialty insurance market [5]