Intellectual Property (IP) Insurance

Intellectual Property Insurance: vital protection for what is arguably your most important asset. Don’t leave your IP exposed, make sure you've got watertight IP insurance.

You wouldn't hesitate to insure your office contents and other assets; it also makes good commercial sense to insure your Intellectual Property against infringement. Without insurance, the financial burden can be tremendous. An average patent law suit in the United States can easily exceed $300,000 (per side).

You can use IP insurance to:

• Defend yourself against allegations of IP infringement
• Meet the costs of indemnifying a third party (e.g. customer or distribution partner) where your contract requires it

What if...

• A third party accuses you of infringing their patent - do you have £500,000 ready for the defense costs?
• A distributor is accused of IP infringement for distributing your product - and they turn to you to indemnify them?
• You're breaking into the European market and a local competitor hits you with a law suit?

Intellectual Property Insurance includes:

• Cost of defending your IP against infringement claims
• Coverage wherever your IP is registered
• Backing from expert carriers with rock-solid financial strength