Intellectual Property (IP) is strategic at a time when innovation is at the heart of business growth.With IP-related litigation on the rise, insurance as a risk management tool has become vital to any business designing, manufacturing, selling, providing or distributing goods or services.
Summary of CoverageFor many companies, intangible assets represent a major part of their value. These can include Intellectual Property (IP) rights such as:
- Trade secrets
- Other IP rights (e.g. plant varieties or topographies of semiconductor products,...)
At Tokio Marine HCC, we design Intellectual Property Insurance (IPI) solutions that protect your enterprise from the substantial financial losses that can arise from IP-related disputes.
Coverages can include:
- Infringement Liability
- Contractual Liability
- IP Rights protection
- Contractual Disputes
Our centralised and unified management structure promotes real-time interaction between our transnational teams of underwriting, claims and legal professionals. The fact that our assets are consolidated under “one roof” makes us institutionally quick: quick to respond; to provide intelligent advice, innovative solutions and efficient claims handling.