IP Risks in Transactions

IP Risks in Transactions

Don’t let Intellectual Property disputes jeopardise the deal

Picture this.
You’ve worked hard. You and your partners have taken risks. Naturally, you’ve had to leap a few hurdles and dodge a few bullets over the years – but it looks like it’s all about to pay off. They love your tech. They like your team and they’re ready to sign. The Champagne is on ice.

But their lawyers are insisting on bullet-poof IP representations, with cast iron warranties of non-infringement and title. They want cash held in escrow, just in case there's a problem.

With Transactional IP Insurance from La Playa, you can ring-fence your IP liabilities and transfer the IP risk to your carrier before your deal comes unstuck.

For customers in the USA, Europe and the UK we provide security and peace of mind to those involved in the sale or purchase of intangible assets. Our solutions are specifically designed for Representations and Warranties in respect of the validity or non-infringement undertakings applying to IP Rights (Patent, Design, Copyright and Trade Mark), whether it’s a:

  • Fund-raising deal
  • Licensing transaction
  • Sale or purchase of a single asset
  • Sale or purchase of a portfolio of assets, or
  • Corporate sale or merger.

Coverage Highlights

  • Defense costs and damages for IP infringement actions (including patent)
  • Worldwide cover available
  • Aggregate policy limits of up to $50m
  • Options to extend cover for Open Source infringements & Trade Secrets

Contact us anytime about your specific requirements.

Download: Science & Technology Brochure PDF Document

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...just the thing we were looking for. I now have reason to believe Hanna is not only good at her job, but someone who understands customer service. A rare thing in the insurance world it seems. Thanks once again.

Colin, Managing Director, Qros Ltd

 

Ready to work with us?

You can call us to talk more about your business on +1 646 665 7737

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About La Playa Science & Technology

Specialist & Independent

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language.  We’ll support you with great advice - helping you make good decisions for your business. 

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across US and UK
     
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Elaine Lamb

DIRECTOR, LA PLAYA INTERNATIONAL

Direct Dial: 646 583 1574 or +44 (0) 20 3865 0149

Mobile: 646 665 7737

Email: elaine.lamb@laplayainsurance.com

Twitter: @EREDINGTON

+1 646 665 7737
+44 (0) 20 3865 0149
+44 (0) 1223 200650