Lloyd’s accredited broker G&M International are pleased to announce the addition of Intellectual Property (IP) Insurance to their growing product portfolio.
The IP cover has been designed to protect those intangible assets from potential infringement caused by competitors. For example, protecting your businesses ideas, designs, logo’s, patents and much more.
A recent study from the UK Intellectual Property Office showed that only 28% of companies check to make sure they are not infringing others’ IP rights and 96% of UK companies have not valued their intellectual property. IP cover is therefore more important than ever before. With many businesses increasing their global marketplace, IP cover offers a security measure when moving into new territories, enabling business and opening up new opportunities.
Director Philip Wildman says “More and more businesses are realising the importance of protecting their intellectual property and our insurance solutions offer that peace of mind. We understand that every business has different needs which is why we work closely with our clients to find a tailored solution which best suits them. Through our partnership with expert consultants at the IPISC, we can to help identify the risk areas a business may not have considered. “
The intellectual property cover, which is available to businesses in markets across the globe, will provide cover for Collateral Protection, IP Business Interruption and more. You can find out further details
G&M International, part of the General & Medical Group, are long established players in the provision of specialist Insurance services to businesses and professionals both within the UK and internationally. As a Lloyds accredited broker, they have access to the full market enabling them to support a worldwide client base with specialist and niche schemes.