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Intellectual property (IP)

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.

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
  • Manufacturers
  • Importers
  • Exporters 
  • Retailers of all sizes
Enforcement/Pursuit Cover Legal expenses to fund litigation against those who infringe IP Globally excluding USA SMEs
IP reps & warranty cover
  • Breach of warranties and indemnity requirements such as a breach of title, validity and non-infringement in sale and purchase agreements 
  • Other transactions involving the transfer of IP rights
Globally
  • Large multinationals
  • Companies involved in M&A including advisors
First party Financial Loss / Business Interruption
  • Financial loss arising from: an injunction preventing you from selling your products as a result of IP infringement.
  • Loss of IP and trade secret information
  • Invalidation of your own IP rights
  • Challenges to the title or ownership of IP rights
  • Contractual penalties
     
Globally
  • Manufacturers
  • Importers
  • Exporters 
  • Retailers of all sizes
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
  • Manufacturers
  • Importers
  • Exporters 
  • Retailers of all sizes
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

 

Download product sheet

 

Ian Lewis
Underwriter London
Tel: +44 (0)20 7767 2279
Serene Chan
Underwriter & Finance Analyst London
Tel: +44 (0)20 7886 9000
Aoife Woulfe
Underwriter London
Tel: +44 (0)20 7360 1687
Markus English
Enterprise Risks Underwriting Manager Frankfurt
Tel: +49 (0)69 9778899-230