WELCOME to the Intellectual Property Insurance Program designed exclusively for members of the MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE. The CHAMBER along with TWIN CITY GROUP is pleased to provide this important product to CHAMBER MEMBERS.
Intellectual Property (IP) Insurance provides protection for a company's most important asset, the right to sell its product in the marketplace. Coverage is available for patent, copyright and trademark infringement.
The benefits of IP Insurance are:
- To stay in business: IP Insurance provides peace of mind that litigation or the threat of litigation will not put a company out of business.
- Mitigates legal costs: IP Insurance quantifies and lessens a company's exposure to the possibility of incurring significant litigation costs.
- Infringement deterrent: IP Insurance gives the insured a competitive edge and a position of strength in their market as it discourages competitors from infringing on their intellectual property.
- Interrupted revenue flow: IP Insurance can provide a revenue stream in the event of an interruption in business due to IP infringement.
The benefits of the CHAMBER program are:
- Direct access to the only IP Insurance market actively writing patent infringement insurance in Minnesota.
- Premium discount available only to CHAMBER members.
- Access to a wealth of information regarding the IP risks companies face.
- Expert advice from a knowledgeable professional.
For additional information regarding IP Insurance please contact:
Alex Fjelstad
952-924-6910 or afjelstad@twincitygroup.com
952-924-6910 or afjelstad@twincitygroup.com
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