YOUR BUSINESS PARTNER IN NAVIGATING
THE IP LITIGATION LANDSCAPE
Average Intellectual Property Litigation Costs Excluding Damages
The Benefits of Having IP Insurance Coverage
There are many benefits to having Intellectual Property (IP) Enforcement and Defense Insurance coverage through IPISC. Our IP Enforcement/Defense Insurance policies help: (1) provide the financial means necessary to pursue those who infringe on your IP rights; (2) provide the financial means necessary to defend against unexpected lawsuits alleging infringement on the IP rights of others; (3) make companies more attractive to potential investors; (4) increase company value and strengthen their IP portfolio; (5) protect/increase market share; (6) deter frivolous claims of IP infringement from competitors attempting to regain lost market share; (7) deter frivolous claims of IP infringement from Non-Practicing Entities (NPEs or Trolls) attempting to monetize their patent assets; (8) facilitate more equitable/favorable licensing/settlement agreements; (9) avoid the negative financial impacts/ramifications associated with an adverse judgment of IP infringement including damages (reasonable royalties, lost profits, court costs, and/or attorney’s fees), business interruptions (temporary/permanent injunctions, lost product/service revenue streams, design around time/cost), and bankruptcy; and (10) cover IP litigation risks that are excluded from Commercial General Liability (CGL), Professional Liability (PL), Professional Indemnity (PI), Errors and Omissions (E&O), Directors and Officers (D&O), and Cyber Insurance policies.
Intellectual Property 101
What constitutes Intellectual Property? What are the differences between the various types of Intellectual Property, including Patents, Trademarks, Copyrights, and Trade Secrets?
IP Enforcement Insurance
IP Enforcement Insurance coverage helps provide the financial means necessary to pursue those who infringe on your intellectual property rights.
IP Defense Insurance
IP Defense Insurance coverage helps provide the financial means necessary to defend against unexpected lawsuits alleging infringement on the intellectual property rights of others.
Access insightful information pertaining to: IP Insurance (e.g., broker/agent/client FAQs, key terms and concepts, process overview for binding coverage, policy applications, case studies, articles, newsletters, and webinars); and IP Litigation (e.g., patent case law database, damages/licensing awards).
Negotiate Unknown Perils
Intellectual Property Insurance
IPISC Intellectual Property Insurance Policies are IP litigation risk management solutions that help mitigate the exorbitant financial costs/burdens associated with defending against, or enforcing, a claim of IP infringement. Our IP Enforcement Insurance Policy covers litigation expenses associated with pursuing those who infringe on your company’s intellectual property rights. Our IP Defense Insurance Policy covers litigation expenses (e.g., court costs, attorney fees, potential damages, and settlements) associated with your company defending itself against a claim of infringement on another’s intellectual property rights.