G&M International introduces Intellectual Property insurance cover for client base

Lloyd’s-accredited insurance broker G&M International has just announced the addition of Intellectual Property (IP) insurance to its growing product portfolio. The new IP-focused cover has been designed to protect clients’ intangible assets (ie ideas, designs, logos, patents and more) from potential infringement caused by competitors.

A recent study conducted by the UK Intellectual Property Office highlighted the fact that only 28% of companies actually check to make sure they’re not infringing others’ IP rights, while 96% of UK companies have not valued their Intellectual Property. IP cover is therefore more important now than ever before.

With many businesses increasing their global marketplace, IP cover offers a distinct security measure when moving into new territories, enabling business and opening up new opportunities.

G&M International director Philip Wildman informed Risk Xtra: “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 precisely why we work closely with our clients to find a tailored solution which best suits them. Through our partnership with expert consultants at the Intellectual Property Insurance Services Corporation we can help to identify the risk areas a business may not have considered.”

The Intellectual Property cover, which is available to businesses in markets right across the globe, will provide cover for collateral protection, IP business interruption and more. Further details are available here.

Part of the General & Medical Group, G&M International is a long-established player in the provision of specialist insurance services to businesses and professionals both within the UK and internationally. The company enjoys access to the full market enabling it to support a worldwide client base with specialist and niche schemes.

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

Related Posts