A Primer on Insurance Options for Intellectual Property

In the last several years, a number of insurance companies including Chubb, AIG, InsureTrust (through Lloyd's of London), Venture Programs, Intellectual Property Risk Management ("IPRM"), and Litigation Risk Management, Inc. ("LRM") have begun offering insurance that pays costs associated with infringement of patents only, or infringement of some combination or all of patents, trademarks, trade dress, copyrights and trade secrets. For purposes of this article we will refer to these polices covering intellectual property as "IP infringement policies." IP infringement policies vary by carrier and property covered. The following descriptions are necessarily general.

16 minute read July 02, 2004 at 11:07 AM
By
Eric C. Osterberg
A Primer on Insurance Options for Intellectual Property

IP Infringement Policies

In the last several years, a number of insurance companies including Chubb, AIG, InsureTrust (through Lloyd's of London), Venture Programs, Intellectual Property Risk Management (“IPRM”), and Litigation Risk Management, Inc.

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