Protect your business ideas

Many businesses like yours hold Intellectual Property. We are here to make sure you have the correct protection, to help you prevent others stealing or copying your ideas.

What could qualify as Intellectual Property?

Intellectual Property (or IP) rights often have a value. They can be bought, sold, or licensed to others, they can even sometimes be used as collateral for loans. Most IP rights have to be registered, but a few are created automatically under the law. The main IP rights generally contested are:
This is a recognisable sign, design, or expression which would distinguish products or services from one particular source over those from others.
This is another form of intellectual property giving its owner the right to prevent others from using, selling, making or importing an innovation for a fixed period of time.
Registered designs
An ownership for a design when applied to a commodity. It is granted under the law, of whichever country the design is filed in. This protects the way a product looks against copy.
This is a legal right, which exists to grant the designer ownership of their original piece of work. It does not define fair use precisely, but gives comprehensive elements to consider.

Hidden Value of IP

It is essential not to dismiss your IP. It is an asset to your business and not something that should be given away lightly or remain unprotected. But, it is often difficult to accurately value it and sometimes it can only be measured in the event of a breach of that IP. If a patent you have developed was lost or infringed it could affect your overall business value.

Why protect IP?

In today’s litigious society any business should protect its IP portfolio. Obviously registering any part of the IP is the first part of any IP protection plan, but this doesn’t mean that you are fully protected. Firstly, you need to monitor what your competitors are doing to ensure you are not breaching someone else’s IP or they’re not breaching yours.

When you register patents or trademarks and such, whilst in theory you are protected by law, it might not stop other people infringing those rights (deliberately or otherwise) and one way to resolve the situation is legally.

Larger companies know that it is so expensive to bring a legal action to court and they might deliberately infringe your IP knowing you can’t afford to defend yourself.


If you don’t have Intellectual Property insurance in place, do you think you could afford to start proceedings against a competitor knowing the costs could easily reach hundreds of thousands of pounds?


So, smaller companies often have to relinquish their rights because they just do not have the resources to defend themselves let alone attack someone that is breaching their own IP and then subsequently lose value in the business.


But the costs involved a legal battle are the last thing wanted by anyone and before that happens negotiations should start to see whether a resolution can be reached. Maybe by buying or selling a licence to use the items involved.

This is where insurance can help. An IP policy can be bought to provide cover for Defence and Pursuit if required.

IP insurance is a form of legal expenses cover that can be purchased for both defence and pursuit costs.

This means that should someone infer you are infringing their IP you have resources to defend yourself.

Likewise, should you find that someone is infringing your IP you have the resources to pursue them in order for them to cease using your IP.

Before you try an online service…


We'll look at the intellectual property involved

and the way IP is maintained within the company before arriving at a premium. So, before you go to an online service just make sure that you are sure of what you need for your business.

Depending on the countries involved

and the excesses sought, premiums will always be far less expensive than a court case. It’s the unusual or unfamiliar that we specialise in, we’re the independent insurance broker that really cares about its clients.

Let us call you

Simply fill out the form with details of any query and we’ll get back in touch with you. Alternatively you can give us a ring, or email us direct:

Freephone: 0808 178 3155
Head Office: 01255 444000

Head Office
120 Old Road, Clacton On Sea
Essex, CO15 3AH

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