Ventiv Technology & Takeda – Clinical Trial Certificates

Takeda is a leading pharmaceutical company pioneering clinical trials that are at the heart of the discovery and development of new treatments.

Certificates of insurance are critical to pharmaceutical companies like Takeda and so they began integrating risk and insurance operations in early 2019 to improve efficiency. In doing so they recognised an opportunity to speed the delivery of life-saving medicines to patients in need.

In less than three months, Takeda, using it’s captive insurance company, its insurance partner, broker partner and risk technology vendor Ventiv Technology, developed and deployed an advanced system to streamline and accelerate the management of clinical trials certificates of insurance.

What the judges said...

This is an excellent and welcome initiative. A very innovative research-based risk management tool and a good example of a collaborative approach to which the technology vendor also played a central role.