Our licensing consultant policies can include the following:
Public Liability Insurance
This insurance covers any injury or property damage caused while visiting client offices, venues, and locations to assess branding, products, and IP protection needs. For example, you accidentally damage a piece of equipment or product prototype when inspecting it.
Professional Indemnity Insurance
An optional cover, professional indemnity insurance provides protection if your IP advice leads to financial loss for a client. For example, oversight in registering key trademarks internationally leads to a brand name being hijacked overseas by a third party. It would cover the resulting loss of income claims.
Legal Expenses Insurance
This insurance pays your legal costs and provides specialist legal advice and representation if you face civil claims alleging negligence or unfairness in your licensing consultancy work.
Business Equipment Insurance
An optional cover, business equipment insurance replaces items like laptops, tablet devices, cameras, and other equipment lost, stolen, or damaged when visiting client sites.
Licensing Consultants Cover for Contractors
We can extend your core licensing consultancy insurance policy to additionally protect any freelance IP researchers, law experts, negotiators, or other temporary staff you use to support clients. This provides coverage for personnel conducting work under your business identity.
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