Innovation Cycle - Manage

Insurance

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Do you have the funds to protect and enforce your intellectual property (IP)? Can you defend yourself in court against infringement claims? The cost of IP litigation can run into many thousands of pounds, making IP insurance a sensible option for innovative organisations. ProspectIP Insurance provides expert advice on how to avoid or cover your legal costs should you be faced with a dispute over your own or a third party’s IP, helping you to balance and manage the risks.

ProspectIP Insurance

ProspectIP Insurance helps organisations understand the scale and risks involved in enforcing and defending their IP. In the same way that you can insure physical property such as your business premises, you can secure insurance for your valuable intellectual assets. IP insurance meets your legal costs should you need to take legal enforcement action, and is available for:

  • Patents
  • Trade marks
  • Designs
  • Copyright

Equally, IP insurance can cover your legal costs if you inadvertently infringe someone else's IP.

ProspectIP Insurance will give you a full understanding of the different types of IP insurance. It will identify which intellectual assets need insurance and recommend the best options to meet your needs. It will also give you valuable assistance in preparing the information needed to secure IP insurance quotes and give you a better overall understanding of how to manage and protect your intellectual assets.

Find out more

To access the ProspectIP Insurance PDF overview sheet, please click here.

For more information on protecting your organisation from costly IP litigation or the best routes for enforcing your IP, please contact us.