IP Enforcement & Defense Insurance
Intellectual Property (IP) litigation can be highly disruptive and possibly even shutter your business. Companies operating in the biotechnology, pharmaceutical and medical industries, including cannabis and psychedelic medicine, are exemplary targets. To help mitigate the exorbitant financial costs/burdens associated with enforcing, or defending against, a claim of IP infringement, which includes patents, trademarks, copyrights and trade secrets, your business needs an IP Insurance policy.
R&A PSYINS IP Enforcement & Defense insurance will help you deter frivolous claims of IP infringement, possible bankruptcy or having to enter into one-sided royalty agreements. We can help cover the gap and explicit exclusions in IP coverage that exist in typical General Liability, Professional Liability, Professional Indemnity (PI), Errors and Omissions (E&O), Directors and Officers (D&O), and Cyber Defense & Data Breach insurance policies.*
R&A PSYINS offers the following IP Enforcement/Defense Insurances:
Patent Infringement Litigation
Copyright Infringement Litigation
Trademark Infringement Litigation
Trade Secret Misappropriation Litigation
*Coverages can be written as a combination of enforcement and defense, or separately.