Don’t let Intellectual Property disputes jeopardise the deal
Picture this.
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:
- Fund-raising deal
- Licensing transaction
- Sale or purchase of a single asset
- Sale or purchase of a portfolio of assets, or
- Corporate sale or merger.
Coverage Highlights
- Defence costs and damages for IP infringement actions (including patent)
- Worldwide cover available
- Aggregate policy limits of up to £50m/$50m
- Options to extend cover for Open Source infringements & Trade Secrets
Got a question? We're experts in insuring IP in the science and technology sector. Click here for a free, no-obligation quote.
