Intellectual Property insurance cover for US Defence Policy, including Infringement Liability, Indemnified Party Infringement Liability, Rights Protection
The recognition of intellectual property (IP) rights as highly valuable assets has increased significantly in recent years. This is clear from the growth in the number of patents and trademarks being filed and the increasing levels of litigation undertaken to protect the commercial advantage they provide.
Tokio Marine Kiln’s (TMK) IP insurance solutions are designed to protect an enterprise from the substantial financial risks arising from an IP dispute. TMK’s IP US Defence policy is available through a clear and streamlined policy form. Our cover is targeted towards all entities from SME to large commercial. We can provide coverage for all types of IP including, but not limited to; patents, trade marks, trade secrets, designs, domain names and copyright.
SituationA third party alleges that your organisationis infringing IP rights held by the third party.
CoverageLegal fees and expenses and resultingliability for damages and settlements.
Suitable forAll organisations.
SituationA third party asserts that your customer is infringing IP rights granted to the third party, via the use, supply, manufacture, sale or distribution of your products.CoverageLegal fees and expenses and resulting liability for damages and settlements.Suitable forAny organisation providing products, services or licensing IP to a customer and having a contractual obligation to indemnify them.
SituationA third party challenges your rights in, or ownership of, IP within your IP portfolio.CoverageLegal fees and expenses.
Suitable forOrganisations who have filed and registered IP.
Tokio Marine Kiln is a leading international insurer with a reputation for specialist underwriting excellence, great people and innovative products. As part of one of the largest insurance groups in the world, our underwriters are empowered to assess each individual risk, to make on-the-spot decisions and to find the right solutions for our clients’ needs.The ability to settle valid claims quickly and fairly in a human way is central to our business philosophy, and our adjusters are empowered to exercise their professional judgement to deliver an exceptional customer service.
Tokio Marine KilnAuthorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number: 204909. Registered office is located at 20 Fenchurch Street, London EC3M 3BY Registered Number: 729671. Tokio Marine Kiln is a trading name.