Law Department Management BlogSeveral insurance companies offer policies for companies against legal costs and damages that can arise from IP litigation. One broker is Miller Insurance Services Ltd. in London [info@miller-insurance.com]; another is 2XFR, a service of TPSearchEngine. [www.2XFR.com] The policies cover defensive and offensive litigation.
I have not encountered a company, let alone a law department, that draws on such insurance. Would the cost of such a policy be borne by the law department? What other kinds of insurance exist for litigation?
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Insurance against litigation costs – intellectual property coverage
