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Aon eSolutions Launches Clinical Trials Module
Date:8/13/2008

overview is time-consuming and resource intensive," said Kathleen Burns, chief executive officer of Aon eSolutions. "With RiskConsole, risk managers have the ability to monitor clinical trials worldwide, so they have an immediate and comprehensive understanding of the trials underway and the extent of the exposure."

Increased globalization of clinical trials presents additional challenges for life sciences companies. Aon's 2008 Clinical Trials Risk Map charts the complex insurance requirements and risk management needs that exist for companies conducting clinical trials globally. For instance, in 53 percent of the countries included in Aon's analysis, businesses must include a certificate of insurance in their regulatory filing package.

The RiskConsole Clinical Trials module tracks coverage required by government agencies in various host countries, and whether proper insurance documentation was provided to regulators. The system also acts as a valuable planning tool that enables companies to better manage the entire life cycle of a clinical trial. Other key features and benefits include:

-- The ability to track certificates of insurance and T85 protocol

documents electronically.

-- Time-stamping enables risk managers to monitor and determine the

current stage and ongoing progress of trials.

-- A user-friendly graphical dashboard identifies when critical

milestones are met.

-- Multi-currency, multi-lingual capabilities accommodate the need to

monitor clinical trial exposure worldwide.

-- Automatic scheduling of reports and distribution of alerts to notify

companies of potential problems, adverse events, or non-compliance.

-- Real-time coordination of communication and activities among various

stakeholders, including the risk manager, researchers, project

managers, clinical directors, brokers, and underwriters.

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SOURCE Aon Corporation
Copyright©2008 PR Newswire.
All rights reserved

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