YOUR BUSINESS PARTNER IN NAVIGATING
THE IP LITIGATION LANDSCAPE

Average Intellectual Property Litigation Costs Excluding Damages

$719,000
(Less Than $1M at Risk)
Patent Infringement
$542,000
(Less Than $1M at Risk)
Trademark Infringement
$296,000
(Less Than $1M at Risk)
Copyright Infringement
$723,000
(Less Than $1M at Risk)
Trade Secret Misappropriation
$1,662,000
($1M-$10M at Risk)
Patent Infringement
$999,000
($1M-$10M at Risk)
Trademark Infringement
$811,000
($1M-$10M at Risk)
Copyright Infringement
$1,275,000
($1M-$10M at Risk)
Trade Secret Misappropriation
$2,786,000
($10M-$25M at Risk)
Patent Infringement
$1,703,000
($10M-$25M at Risk)
Trademark Infringement
$1,401,000
($10M-$25M at Risk)
Copyright Infringement
$2,537,000
($10M-$25M at Risk)
Trade Secret Misappropriation
$4,416,000
(Greater Than $25M at Risk)
Patent Infringement
$2,628,000
(Greater Than $25M at Risk)
Trademark Infringement
$2,202,000
(Greater Than $25M at Risk)
Copyright Infringement
$3,395,000
(Greater Than $25M at Risk)
Trade Secret Misappropriation

Navigate Unknown Perils

Intellectual Property Insurance
Demystified

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.

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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?

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IP Enforcement Insurance

IP Enforcement Insurance coverage helps provide the financial means necessary to pursue those who infringe on your intellectual property rights.

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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.

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Resources

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).

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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 Infringement Enforcement/Defense Insurance policies help:

  • Provide insureds with the financial means necessary to pursue those who infringe on their IP rights (Enforcement);
  • Provide insureds with the financial means necessary to defend against unexpected lawsuits alleging infringement on the IP rights of others (Defense);
  • Make companies more attractive to potential investors (Enforcement/Defense);
  • Increase company value by strengthening its IP portfolio (Enforcement);
  • Increase company value by strengthening its product portfolio (Defense);
  • Protect/increase market share (Enforcement/Defense);
  • Facilitate more equitable/favorable settlement/licensing agreements (Enforcement/Defense);
  • Level the playing field and deter what may be construed as weak or meritless/frivolous claims of IP infringement from competitors attempting to regain lost market share (Defense);
  • Level the playing field and deter what may be construed as weak or meritless/frivolous claims of IP infringement from Non-Practicing Entities (NPEs or Trolls) attempting to monetize their IP assets (Defense);
  • Avoid the negative financial impacts/ramifications associated with an adverse judgment of IP infringement including litigation expenses (court costs, attorney fees, expert witness fees) and potential damage awards (reasonable royalties, lost profits), business interruptions (temporary/permanent injunctions, lost product/service revenue streams, design around time/cost), and bankruptcy (Defense); and
  • Cover IP litigation risk exposures that are excluded from Commercial General Liability (CGL), Errors and Omissions (E&O), Directors and Officers (D&O), Professional Liability (PL), Professional Indemnity (PI), Media, and Cyber Insurance Policies (Enforcement/Defense).

IP Insurance Solutions

Our IP Insurance Process

Initial Call

Initial Call

Discuss coverage options

Estimate

Estimate

Premium and Terms

Application Submission

Application Submission

Defense Due Diligence Fee FTO

Discussion

Discussion with Underwriter and Sales

Discuss outstanding questions

Proposal of Terms

Proposal of Terms

Terms set for discussion and review

Negotiation of Terms

Negotiation of Terms

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

Bind Coverage

Bind Coverage

Secure coverage and pay premium of finance