Case Study: Shire accelerates clinical trials and halves insurance costs with Ventiv Technology's RiskConsole

Shire - Customer Case Study

Shire, a global specialty biopharmaceutical company, faced slow, paper‑based clinical trial insurance processes that risked delaying trials and eating into patent exclusivity and patient access timelines. To manage multi‑country trials, differing local regulations, and large volumes of certificates and renewals, Shire needed a streamlined, auditable system — and engaged Ventiv Technology to help automate and centralize insurance administration using RiskConsole.

Ventiv Technology implemented RiskConsole to create a single online database with audit trails, automated workflows and renewal tracking, replacing manual forms and email attachments. As a result, Shire gained real‑time visibility of premiums, patient counts and certificate end dates, cut administrative lead times that previously caused weeks of delay, and "more than halved" the cost of clinical trial insurance for the group.

Shire

Liz Oatten

Head of Global Insurance