Becks Insurance Brokers offers specialised Intellectual Property Rights (IPR) Insurance designed to protect businesses and individuals from the financial risks associated with intellectual property disputes. This policy is essential for companies that create, use, or rely on intellectual property, including patents, trademarks, copyrights, and trade secrets. Our bespoke cover ensures that your intellectual assets are protected, allowing you to focus on innovation and business growth without the fear of costly legal battles.

Safeguard Your Intellectual Assets with IPR Insurance

Intellectual Property Rights Insurance provides comprehensive protection for the unique risks faced by businesses in protecting their intellectual property. Whether you are a tech startup, a creative agency, or a large corporation, our tailored policies offer financial security against infringement claims, legal defense costs, and potential damages. With Becks Insurance Brokers, you benefit from expert advice and customised solutions designed to meet the specific needs of your intellectual property strategy.

Features and Benefits

• Infringement Defense Costs: Coverage for legal expenses incurred in defending against claims of intellectual property infringement.

• Enforcement Costs: Financial support to pursue legal action against third parties who infringe on your intellectual property rights.

• Damages and Settlements: Coverage for damages or settlements awarded to third parties in infringement cases.

• Loss of Earnings: Compensation for lost income due to intellectual property disputes or enforced shutdowns.

• Reputation Management: Support for managing reputational damage resulting from intellectual property disputes.

• Global Coverage: Protection for intellectual property rights in international markets.

What is Typically Covered?

Intellectual Property Rights Insurance generally includes cover for:

• Infringement Defense: Legal costs for defending against claims of infringement on patents, trademarks, copyrights, or trade secrets.

• Enforcement Actions: Costs associated with pursuing legal action to enforce your intellectual property rights.

• Damages and Settlements: Financial coverage for damages or settlements resulting from infringement claims.

• Loss of Earnings: Compensation for income lost due to intellectual property disputes or litigation.

• Reputation Management: Costs for managing public relations and reputation issues stemming from IP disputes.

• Global Protection: Coverage for intellectual property rights protection in international markets.

Typical Exclusions:

• Intentional infringement or fraudulent claims

• Prior known risks or disputes before policy inception

• Criminal acts or illegal activities

• Claims arising from expired intellectual property rights

• War and terrorism (unless specifically included)

Please note that actual terms and conditions will vary from business to business and insurer to insurer. Full details of any cover will be explained in full by a Becks insurance broker.

Ensure your intellectual property is fully protected with comprehensive Intellectual Property Rights Insurance from Becks Insurance Brokers. Book an appointment with one of our expert brokers here or arrange a quotation by completing our online form here.