IP Insurance Services – pursuit and defence cover

Intellectual property is one of your most valuable assets and protecting these assets against third party infringement can be complex and costly. The same is true when it comes to protecting your business against claims from others that you have infringed their patents, trademarks or other IP.


A Government survey found that 25% of businesses had been involved in legal disputes involving their IP rights. Also, 20% of SMEs who discovered they were the victims of intellectual property theft were unable to act due to the prohibitive costs of doing so. Such inaction can often lead to both reputational and financial harm.

IP insurance ensures that infringement allegations can be defended efficiently and without affecting the bottom line unnecessarily. It protects innovation by enabling funds to pursue infringers of your IP rights and this course of action is sometimes necessary to retain the value of the IP and business.

If the insured is forced to stop selling a product due to infringement, it pays the loss of profit for a period, allowing the company to recover its position and invest in its other products.

Finally, if a right is lost through the course of an infringement action, the money invested in obtaining and maintaining that right is also recovered under the policy.

 

IP Insurance Services

If your business needs protection against potential liabilities arising under IP indemnities, the right kind of intellectual property insurance policy is essential.

You may be required to hold licensees, manufacturers, and other parties harmless against the cost of IP litigation. You may even be contractually obliged to hold IP insurance.

If you require funds to fight IP litigation then intellectual property insurance is essential. This applies to whether you are enforcing your rights or defending allegations of IP infringement made by 3rd parties.

Here’s how purchasing intellectual property insurance through a trusted intellectual property insurance broker can support the value in your business:

  • Protecting cash flow
  • Providing a deterrent
  • Improving your negotiating position
  • Giving you the ability to indemnify large licensees
  • Adding value when licensing or assigning your rights
  • Reassures lenders and investors

Clients Love

Neil Court Johnson

John has played an invaluable role in assisting us to develop and implement a trade secrets programme, to identify and roll out IP best practice in process and systems - and has provided us with critical support regarding IP in real life business negotiations. I would strongly recommend John as a business partner.

Christine Jennings

I have worked with John for many years within the IP industry. He has an impressive ability to identify opportunities and turn these into commercial business deliverables.

Katie Gordon

I was very confused about what unregistered trademark and registered trademarks were, IP protection and simply how to protect my business and IP assets.

Brian Mwenda

“It is always a delight working with John. He has been an invaluable resource to our business as we build our intellectual property asset base. We have successfully received registration for trademarks and patents while following an IP strategy developed by John.

Harry Dunlop

“I was fortunate enough to work with John relatively early-on in my career and look back on that time extremely fondly. John is an exceptional and instinctive mentor and coach who always brings a wealth of business and IP experience to any situation with understanding and compassion.

Simon Webster

I thoroughly enjoyed working with John. We built two new products together, worked on challenging market and customer opportunities and had a great deal of fun along the way.

Colin Hunter

I have known John for many years and I value his logic, his structured thinking and his ability to make complex simple especially, not not only, in IP. Would recommend him highly as a strategic and thinking partner.

Christian Bunke

Exalt IP coached us on how to achieve amazing value for our IP assets when we sold the business and the IP separately

CEO MyDrive

“Exalt IP helped us develop an IP Strategy Business Plan, identify and protect the value in our IP and to enhance the value of our business” CEO MyDrive