Don’t let Intellectual Property disputes jeopardise the deal
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 insurer before your deal comes unstuck.
For customers in the UK, Europe and the USA 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:
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Insurance brokers who understand and work with technology companies are a rare breed, to be highly recommended.
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.