Check out our explainer on patent insurance, some recent risks, team mate spotlight, and much more!
What is patent insurance?
Patent insurance is a financial product designed to protect patent holders from the costs associated with defending their patents or pursuing legal action against patent infringers. It typically covers legal fees, damages, and settlement costs incurred during patent disputes. This insurance provides a safety net against the financial risks of patent litigation, encouraging innovation by offering reassurance to patent holders that their intellectual property is safeguarded.
Recent risks
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Network installation for mining industry
Revenue R5M
Tech E&O / cyber R5M
Premium R17K
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Metaverse custom software
Revenue €1M
Tech E&O / cyber €2M
Premium $10.7K
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Music composition and production
Revenue AUD100K
Media AUD1M
Premium AUD2K
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Robot food waiters
Revenue €16M
Defence limit €1M
Premium €4K
In case you missed it
We bind 36% of all enquiries so send us what you have!
Spotlight
Michael Brunero is coming up to his 10th anniversary at CFC and currently heads up the Tech, Media and IP department. So annoying is his trademark cackle that in his tenure at CFC he has moved around multiple teams from professions, to tech and media, cyber and management liability to give each a reprieve
from him. He originally hails from Wollongong Australia (‘The Gong’) where prior to working in insurance he worked in private legal practice working in both civil and criminal fields. Unsurprisingly, he has no regrets trading murderers for insurance agents.
News flash
We no longer have a revenue cap on technology companies!
Looking for something else? If you have any questions or want to say hello, just email tech@cfc.com