Per Risk Capacity
Up to
Multi-year (single aggregate) policies
with policy terms of up to
Overview
Coverage for losses (including defense costs) resulting from third party claims alleging infringement by an insured’s products or services or invalidity of the insured’s intellectual property.
Provides protection against claims that an insured’s owned or licensed products or services infringe upon a claimant’s intellectual property, including in the context of:
- Infringement lawsuits or invalidity proceedings
- Contractual indemnification claims by customers, manufacturers, or licensees
- Both judicial and administrative (e.g., USPTO) proceedings
Flexibility
Intellectual Property Liability Insurance can be flexibly tailored to:
- Cover the entirety of a company’s intellectual property portfolio
- Focus on specific intellectual property assets, products, or services
- Respond to liabilities in respect of licensing agreements
Flexibility
Cover provided
Intellectual Property Liability Insurance can protect an insured’s intellectual property portfolio by:
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providing coverage for significant costs that can be incurred in defending one’s intellectual property assets and financial position in the event of intellectual property litigation
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allowing a company to fully and effectively defend against infringement allegations when it might not otherwise have the financial ability to do so
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providing protection for claims for infringement made under contractual indemnities provided to licensees of intellectual property
A company’s intellectual property assets, or those products and services utilizing intellectual property, often account for a significant percentage of enterprise value. Given the sustained frequency and high cost of intellectual property disputes, Intellectual Property Liability Insurance is particularly valuable for protection against critical losses to a company’s assets.
Intellectual Property Liability Insurance can be utilized by:
- a company seeking to protect its intellectual property portfolio
- a licensor of intellectual property rights seeking protection for its indemnification obligations relating to infringement under the license agreement
- a licensee of intellectual property rights seeking to backstop the covenant strength of a licensor’s indemnification obligations
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FAQs and Case Studies
Distribution
Ambridge distributes its products through insurance brokers or intermediaries which are licensed in the jurisdiction in which the insured is located. To determine how our products can best respond to your coverage needs, please contact Ambridge through your licensed insurance broker.
Distribution
