Aon eSolutions Launches Clinical Trials Module

Aon eSolutions, the client technology arm of Aon Corporation and a provider of global risk and insurance solutions, has launched a new clinical trials module as part of RiskConsole, Aon's browser-based risk management information system.

Developed in conjunction with the Life Sciences practice of Aon Risk Services, RiskConsole's new module enables risk managers to monitor all of the clinical trials in which their organizations are involved, the total exposures represented by those trials, and the required insurance coverage. At the same time, RiskConsole enables organizations to streamline the management of clinical trials, providing visibility into project status across studies.

Clinical trials and clinical research is the process of testing the safety and efficacy of new drugs and medical devices before they're approved by the U.S. Food & Drug Administration. General and professional liability coverage is required throughout this testing process.

"Risk managers may find it challenging to keep track of the many clinical trials taking place at their institutions, and obtaining an overview is time-consuming and resource intensive," says Kathleen Burns, CEO 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 under way and the extent of the exposure."