Intellectual Property Insurance: arguably your most important asset. Don’t leave it 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 Kingdom can easily exceed £250,000 (per side).
You can use IP insurance to:
Intellectual Property (IP) Insurance includes:
Patent infringement can have a devastating impact on a firm’s finances and reputation. So an insurance policy that helps fund legal action against an infringer - or defence of a patent’s validity - adds significant value to your company. Merely having the insurance is itself a powerful deterrent to any potential infringer.
Colin, Managing Director, Qros Ltd
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.
We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof
Advice You Can Trust
…from an expert who understands you
Tech-based business is 24/7, global and borderless, 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.