Peter Sullivan

Peter Sullivan is a licensed insurance broker, with experience advising clients on all aspects of research site liability issues.

“I see my services as the third leg of a tripod.  A research site needs legal advice and accounting support and my team and I would provide the risk management and insurance support.  Research sites of today deal with complex contracts and have unique exposures and their legal, accounting, risk management and insurance needs are all inter connected.

Peter Sullivan

Peter Sullivan

There are key areas where sites lack sufficient risk management and insurance coverage:  subject injury claims as it relates to medical malpractice; monetary damage claims as it relates to errors and omissions in the clinical trial process; and indemnification. We take sites through an analysis of what their current insurance provides, explore gaps, review contracts and indemnification obligations and propose new strategies and coverages for those gaps.”

Peter W. Sullivan is a principal of Sullivan Group, a New England based brokerage firm providing risk management and insurance services to clients around the world.

In 1995 Peter founded Sullivan Group’s Clinical Trial Service Industry Practice and in 1996 founded its Technology Practice, specializing in global insurance and risk management services for the biotechnology, nutraceutical, testing laboratories, medical and high tech, environmental and clinical trial service industries.  He also co-founded Sullivan Group’s Emerging Markets Risk Finance Practices in 2000 which provide unique insurance and risk management services for companies from start up to M&A to IPO, as well as corporate governance structure transactions.

Experienced with advisor driven accounts, emerging technology, clinical trial service industry and international risks, Peter specializes in global technology with a special focus on the clinical trial service industry.  Working with both national and international premier accounts, Peter works with clients in manuscripting professional, property and liability forms to complement their unique exposures.  He is a recognized expert in negotiating and placing product liability (including clinical trial liability), directors & officer’s liability, merger & acquisitions liability, professional liability and cyber liability policies.  Peter also has extensive experience underwriting international risks.

Peter has attained the Certified Insurance Councilors (CIC) professional designation and is currently pursuing his Licensed Insurance Advisor designation.  He speaks regularly on global insurance and risk management issues relating to the technology and clinical trial service industries.   He has been invited to talk to the following organizations: The Association of Clinical Research Professionals, Drug Information Association, Regulatory Affairs Professional Society, MAGI, and iiBIG/CenterWatch, as well as at the Massachusetts College of Pharmacy and Health Services where he serves as an adjunct professor.

Peter holds a bachelors degree in physics from Denison University.  He joined Sullivan Group in 1991 after a successful career in the defense/commercial/medical laser and bio-instrumentation field.

Direct Contact:
Peter W. Sullivan, CIC, Principal

Sullivan Group
1 Mercantile Street – Suite 710
Worcester, MA 01608
Tel: (508)-471-9009 (direct)
Fax: (508)-797-3689

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