Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC) has launched IP Defense Indemnification Insurance for cyber/media-based technology companies.
The cyber/media-based industry utilizes technologies that pose a significant intellectual property (IP) litigation risk. The industry as a whole is particularly susceptible to non-practicing entities and competitors having the resources and deeper pockets to bring unfounded or frivolous charges of IP infringement.
IPISC offers this IP Defense and Indemnification insurance product to cyber/media-based technology companies, such as digital agencies, advertising agencies, software, website, mobile app providers and the vast number of their end-user customers. The coverage helps protect products and methods against charges of IP infringement by providing the needed funds to get through litigation on the merits of the case.
Topics Lawsuits InsurTech Cyber Tech New Markets
Was this article valuable?
Here are more articles you may enjoy.
Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident
McKinsey Rebukes Partner Who Questioned Challenges Facing Women CEOs
Nuclear Plant Settles Cancer, Contamination Lawsuits
Full Senate Passes Measure to Reauthorize Federal Terrorism Insurance Backstop 

