intellectual property insurance News

CFC Launches Standalone Licensing Agreement Liability Product for IP Risks

CFC has released an insurance product for licensing agreements that expands on the company’s suite of media and intellectual property insurance products. According to the company, the global licensing industry is rapidly expanding as brand owners increasingly monetize their intellectual …

International General Insurance (IGI) Launches Intellectual Property Insurance

International General Insurance Holdings Ltd. (IGI), the specialist commercial insurer and reinsurer, has expanded its growing portfolio of insurance business with the launch of intellectual property (IP) insurance. The new class of business has been introduced to complement IGI’s legal …

Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO

Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients manage their intangible assets. NVG is formally sponsoring …

UK’s Integro Offers Piracy Protection Cover for Entertainment Industry

Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry. The firm’s Piracy Protection Insurance is designed to return lost revenue to film and TV rights holders and …

TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates

Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the first for IP in the …

Intellectual Property Risks May Not Be Covered by Traditional Products: TMK Expert

Many clients are unaware that intellectual property (IP) risks are frequently inadequately covered by traditional insurance products and, as a result, they actually could be “dangerously underinsured” due to these coverage gaps, according to Ian Lewis, IP underwriter at Tokio …

Lloyd’s China, Tokio Marine Kiln & PICC Sign Intellectual Property Liability Deal

Lloyd’s China, Tokio Marine Kiln and People’s Insurance Company of China Property and Casualty Company (PICC P&C) signed a memorandum of understanding (MoU) to provide intellectual property infringement liability insurance in China. Signed on Oct. 29 at PICC’s head office …

Freedom Specialty, IPISC to Offer Intellectual Property Insurance Products

Freedom Specialty’s Programs underwriting has partnered with Intellectual Property Insurance Services Corp. (IPISC) to offer intellectual property insurance products. The policy offers broad coverage provisions for startups to established companies. The policy will offer coverage on a claims-made basis with …