Intellectual Property Risk Solutions

New threats have emerged as competitors look to increase market share in an ever-evolving marketplace, forcing companies to defend themselves against accusations of intellectual property infringement by competitors, patent assertation entities, and nonpracticing entities more commonly known as “patent trolls.” Now, Aon can help our clients to protect their businesses against costs resulting from third-party infringement lawsuits (e.g., patent infringement) with much higher insurance capacity in the market and at more attractive pricing than in previous decades.

Through a data-driven and analytics approach, Aon’s Intellectual Property Solutions support clients across size and industry in protecting against alleged patent, copyright, trademark, and other intellectual property infringement claims. Aon’s Intellectual Property Liability group can place global intellectual property liability risks, with market capacity exceeding $250M, offering the following cover:

• Certain litigation expenses, settlements, and damages
• Coverage for intellectual property-related contractual indemnities provided to third parties
• Certain costs and expenses resulting from challenges against the insured’s intellectual property rights
• Certain emergency costs incurred before an insurer can be notified
• Client’s choice of counsel
• Options for coverage for an entire product portfolio or for specific products, processes, and services

Trade secrets have become a significant class of intellectual property assets, increasingly making them a target for theft. Despite the significant value they represent to a business, most companies fail to manage and help secure them properly. Aon is pioneering solutions that identify and mitigate trade secret theft risk by providing blockchain-based asset management tools, best-practices advisory services, and insurance.

Our solutions include:

• Trade Secret Audit and Management Consulting: Prioritize and value your trade secrets; implement best practices for their security
• Trade Secret Registry: Without the need to reveal the competitive details, clients can register their trade secrets to create a legal framework that demonstrates ownership

Aon assesses the likelihood and potential impact of third-party claims, analyzes potential loss of intellectual property and its financial toll on your business, and helps you understand the competitive intellectual property landscape. We provide a full range of qualitative and quantitative risk management solutions to secure your intellectual property portfolio.

Our intellectual property risk management services include:

• Patent portfolio quality assessment
• Inbound licensing risk management
• Competitive intellectual property landscape analysis
• Total cost of intellectual property risk assessment
• Patent asset benchmark analysis
• Deep-dive assessment and relative valuation of intellectual property portfolios of M&A targets
• Third-party intellectual property claims assessment
• Trade secrets
• Assessment and valuation
• Quality code assessment