Intellectual Property Insurance: vital protection for what is arguably your most important asset. Don’t leave your IP exposed, make sure you've got watertight IP insurance.
You wouldn't hesitate to insure your office contents and other assets; it also makes good commercial sense to insure your Intellectual Property against infringement. Without insurance, the financial burden can be tremendous. An average patent law suit in the United States can easily exceed $300,000 (per side).
You can use IP insurance to:
Intellectual Property Insurance includes:
Download: Science & Technology Brochure
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I would highly recommend Matthew to any technology business that is looking for expert but straight forward insurance advice.
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.
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.