Insurance Guides

Intellectual Property Insurance Guide

Intellectual Property Insurance offers protection against alleged infringement of Intellectual Property (IP) rights, including patents, trademarks, copyright and trade secrets. It is designed to provide you with a “fighting fund” to challenge alleged infringement, regardless of if a claim is brought against you or you are bringing a claim against a third party.

This type of cover can provide financial stability to companies that may experience issues with IP Rights. By protecting Intellectual Property and investing in a policy to support infringement claims, it can also help a company grow and remain competitive – even during times of market volatility – by enabling them to provide or continue to develop their products or services.

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How can MFL help protect your Intellectual Property

MFL is one of a limited number of insurance brokers in the UK who has the expertise to provide Intellectual Property Insurance. We are also a specialist in the Science and Technology industries. This combined expertise means we can deliver the appropriate IP protection for you.

Our experience has supported our clients right at the beginning of their development, through testing and into a fully-fledged product or service generating millions in revenue or publically trading.

As well as Intellectual Property Insurance, our Science and Technology team can also provide advice regarding the following insurances.

  • Property Damage and Business Interruption
  • Employer’s Liability
  • Public & Products Liability
  • Professional Liability
  • Directors’ & Officers’ Liability
  • Clinical Trial Insurance
  • Cyber Insurance
  • Business Travel Insurance
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How can Intellectual Property Insurance help protect Science and Technology

In a competitive economy, individuals and businesses need to protect the value of their ideas and business models. The annual spend on intellectual property litigation has increased year on year to reach more than $3.3bn (£2.4bn) in 2019, almost doubling in 15 years. While it is encouraging that steps are being taken to help clients recognise the value of their intellectual property, there is still a growing protection gap to be filled. (Morrison & Foerster Survey “Benchmarking Litigation 2019”)

Whether your business is established or you are a start-up on the journey to developing your idea, protecting your intellectual property is a sensible route to take to protect your interests.

Whilst it may be seen as a cost to the business, IP Insurance is an investment in the protection of the business’s future.

Download our IP guide now

    Contact us today!

    To find out more about how MFL can help you protect your IP Rights through Intellectual Property Insurance, enter your details and one of our Science and Technology advisers will contact you. Alternatively, you can contact us using the details below.

    0113 323 1042 info@mflinsurance.com

    Barlow House
    Minshull Street
    Manchester
    M1 3DZ

    Opening hours
    Monday to Friday 09:00 to 17:00

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