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The number of lawsuits related to intellectual property rights has increased significantly in recent years. Tokio Marine Kiln's intellectual property (IP) insurance solutions are designed to protect an enterprise from the substantial financial risks involved with IP related disputes.
Our products also cover additional expenses incurred during an IP dispute such as legal fees, travel costs, expert witnesses, translations and product withdrawal charges.
Our maximum line size is USD25m or EUR25m.
Read our article in a special supplement of The Times to mark World Intellectual Property Day.
Tokio Marine Kiln IP Products
|IP Product||What it covers||Countries available in||Particularly suited to|
|Infringement Liability||Legal defence costs and liability for damages and settlements when third parties allege the insured has infringed their IP||Globally||
|Enforcement/Pursuit Cover||Legal expenses to fund litigation against those who infringe IP||Globally excluding USA||SMEs|
|IP reps & warranty cover||
|First party Financial Loss / Business Interruption||
|Optional add-ons to above products|
|Contractual Liability||Contractual indemnities given under contract relating to the use, supply and manufacture of products, services or processes of the insured||Globally||
|Contractual Disputes||Legal costs involved in pursuing or defending a breach of contract for example, a licence or distribution agreement||Globally excluding USA||SMEs|
|Reputational Harm||Loss of profit from adverse media coverage||Globally||Everyone|
|Cyber||Those who have their IP stolen due to a cyber attack||Globally||Everyone|