IP Insurers See Their Time as Now With Covid-19 In Background

Intellectual property insurance has been a tough sell: prices were high, limits were low, and the policies didn’t cover everything many companies wanted.

Now, though, insurers led by Aon PLC and other brokers are seeing untapped opportunities to protect companies against patent infringement allegations and trade secret theft. They have been building their IP expertise as well as advanced data and analytics they think will lead to cheaper and more accurate pricing.

Some insurance executives also see the coronavirus pandemic powering a revived market, as the economic fallout is expected to lead to an increase in IP disputes. Companies with ...