Intellectual Property Risk Solutions

Secure your business’s most valuable assets

The potential costs, disruption of revenue streams, and damage to brands make intellectual property one of the greatest areas of risk a company can face. Intellectual property risk is increasingly recognized by the M&A community as a key area of investigation during a transaction. Until recently, there has been a gap in the market for risk mitigation and transfer solutions that sufficiently address intellectual property at the right capacity and pricing level. To close this gap and help our clients protect their business from intellectual property risk and facilitate M&A transactions, Aon created a new breed of intellectual property risk assessment and risk transfer tools.

Aon Intellectual Property Risk Solutions provides:

  • Intellectual Property Insurance
  • Trade Secret Management
  • Intellectual Property Risk Assessment
  • Intellectual Property & Source Code Diligence
  • Intellectual Property Business Interruption Insurance
  • Intellectual Property Enforcement Coverage
  • Source Code Diligence

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

 

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The Aon Advantage

Protecting Assets and Creating Enterprise Value

Aon’s Intellectual Property Solutions team helps clients protect and maximize their most valuable asset in today’s business world—their intellectual property. Aon brings the best minds and strong analytical tools to provide a comprehensive approach to intellectual property strategy, valuation, and risk management across a client’s business. We go beyond looking at the legal frameworks to align current and future intellectual property assets with a business’ overarching strategy.