Trends with intellectual property insurance

By Zhang Zhongbo and Harry Wu, Wintell & Co
0
1914

Intellectual property (IP) insurance is an important financial measure which the state can use to support IP strategy. It can guide and support market players to create and utilize IP rights, reduce the cost of safeguarding their rights, and maintain a fair and orderly market competition. The State Intellectual Property Office (SIPO) began approaching major domestic insurance companies in 2011, with the aim of jointly carrying out the pilot work of IP insurance; in 2015, the State Council proposed to accelerate the development of science and technology insurance, and began to promote pilot projects of patent insurance.

IMPLEMENTATION

In recent years, Beijing, Qingdao, Suzhou, Shanghai and other provinces and cities have taken the lead to promote and implement the pilot work of IP insurance. IP insurance still remains in its initial stage of development, and there isn’t as yet any IP insurance product that is promoted nationwide by the insurance companies.

Zhang Zhongbo Partner Wintell & Co
Zhang Zhongbo
Partner
Wintell & Co

IP insurance is still in the initial stage of development. In practice, few insurance companies vigorously promote and develop IP insurance, and even fewer enterprises proactively purchase IP insurance. So far, among the major domestic insurance companies, only PICC Property and Casualty Company (PICC P&C) and Cathay Insurance Company have attempted to promote IP insurance.

PICC P&C has launched three patent insurance products in different stages, including patent enforcement insurance, professional liability insurance for patent agent, and patent infringement liability insurance.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

Zhang Zhongbo is a partner and Harry Wu is an associate of Wintell & Co

wintell_logo

上海市浦东新区世纪大道1589号

长泰国际金融大厦1901室 邮编:200122

Room 1901-1905, Chamtime International

Financial Centre, No. 1589 Century Avenue

Pudong, Shanghai 200122, China

电话 Tel: +86 21 6854 4599

传真 Fax: +86 21 6854 5667

电子信箱 E-mail:

zhangzhongbo@wintell.cn

harry.wu@wintell.cn

www.wintell.cn