Canadian Underwriter

Keyword
intellectual property

News Insurance

Intellectual property insurance can help smaller firms fight competitor lawsuits

January 11, 2022 Maddi Brown, CFC Underwriting

A shift toward remote work has led businesses of all sizes to focus on the importance of their intellectual property (IP). There is more IP in existence today than ever, and in more areas as companies look for ways to

intellectual property
News Insurance

Why now is the time for brokers to talk about intellectual property insurance 

August 27, 2021 by Jason Contant

While the technology and life sciences sectors have been traditional areas of focus for intellectual property (IP) insurance, one specialist insurance provider says now is the time for brokers to open up discussions to include other industries. Maddi Brown, intellectual

intellectual property
News Insurance

This line of business needs to be simplified, MGA says

August 24, 2021 by Jason Contant

The insurance industry needs to move forward and simplify intellectual property (IP) coverage for the small- and medium-sized enterprise (SME) market, a specialist insurance provider said. IP insurance typically involves long, complicated proposal forms, a fee charged to get a

News Insurance

Opinion: Looking to acquire? Don’t forget about intellectual property

November 19, 2020 Kristian Kolsaker and Angus Marshall, CFC Underwriting

Intellectual property rights are a crucial part of any merger or acquisition so it’s important, whether you are engaging in an industry merger or advising clients on a deal, to consider ways to avoid potential infringements. Intellectual property (IP) has

News Insurance

Settlement reached over patent dispute between snowmobile rivals

November 3, 2020 The Canadian Press

VALCOURT, Que. – Bombardier Recreational Products Inc. and Arctic Cat say they have reached a global settlement to ongoing intellectual property disputes between the two makers of snowmachines. Under terms of the confidential settlement agreement, two active court cases in

News BrokersMarkets / CoveragesTechnology

The emerging risk that presents an opportunity for all commercial brokers

October 4, 2019 by Jason Contant

Brokers can set themselves apart by starting a conversation with clients around a relatively new type of coverage: intellectual property (IP) insurance, a specialist insurer told Canadian Underwriter recently. CFC Underwriting said it is seeing more interest in this type

News Insurance

Big increase in U.K. start-ups, but insurance coverage lacking for many small businesses

August 18, 2017 by Canadian Underwriter

A new survey out of the U.K. shows that self-employment is racing forward, but moves by small businesses to ensure they have insurance in place to address whatever risks may arise is lagging far behind. A wider spectrum of small

News InsuranceMergers and AqcuisitionsTechnology

Cyber-related disruption as business advantage developing in manufacturing sector: Verizon

June 30, 2017 by Angela Stelmakowich

Manufacturing is witnessing a significant hike in internal cyber threat actors linked to nation state schemes to disrupt operations and allow chosen businesses to gain competitive advantage and market share, David Ostertag, global investigation manager for Verizon’s investigative response unit,

News InsuranceLegislation / RegulationMergers and AqcuisitionsProductsTechnology

ENCON Group announces standalone cyber policy for Canadian companies

June 16, 2017 by Canadian Underwriter

Canadian managing general agent (MGA) ENCON Group Inc. announced on Thursday the introduction of a standalone cyber insurance policy that provides coverage for network business interruption, ecommerce trading exposure, crime and intellectual property risks. Ottawa-based ENCON Group said in a

News CatastrophesInsuranceMarkets / CoveragesMergers and AqcuisitionsProductsTechnology

Aviva Canada and Hail Storm Products partner up for discount on auto hail protector system

May 2, 2017 by Canadian Underwriter

Aviva Canada and Hail Storm Products have teamed up, with the insurance company announcing on Tuesday that customers can now take advantage of an exclusive 20% discount on the Hail Protector Automobile Hail Protection System. “As the world’s only patented

News InsuranceMergers and Aqcuisitions

M&A insurance claims rising, 23% of deals over US$1 billion end in a claim: AIG study

April 20, 2017 by Canadian Underwriter

The frequency of insurance claims related to mergers and acquisitions (M&A) is rising as large deals prove risky and the average payout on the most severe category of claims tops US$20 million, according to a new global study from American

News CatastrophesInsuranceLegalReinsuranceTechnology

Companies can come to grips with cyber risk, government back-stop may be needed for certain risks: Swiss Re

March 1, 2017 by Canadian Underwriter

Concern about cyber resilience is on the rise – as are the potential costs associated with attacks – but insurers and companies should understand steps can be taken to manage the risk, suggests the latest sigma report from Swiss Re