What is Intellectual Property?
Intellectual Property (IP) includes creations of the human mind or intellect. IP stimulates technological innovation and promotes the progress of science and the useful arts. IP is essential to a company’s economic growth and success. Companies leverage IP as invaluable business assets to improve product/service profitability, achieve/maintain a competitive advantage, and improve market share/value in a global market.

What are the differences between the various types of Intellectual Property?
IP Insurance Process Overview

Initial Call
Discuss Coverage options

Estimate
Premium and Terms

Application Submission
Defense Due Diligence Fee FTO

Discussion with
Underwriter and Sales
Discuss outstanding questions

Proposal of Terms
Terms set for discussion and review

Negotiation of Terms
Agree upon terms and schedule of IP or products to be insured

Bind Coverage
Secure coverage and pay premium of finance