Tag: intellectual property insurance


Pen Underwriting launches IP insurance product

November 16, 2023

Via: Reinsurance News

Pen Underwriting, an Arthur J. Gallagher & Co. subsidiary, has launched a new flexible intellectual property (IP) cover to protect against rising risk of infringement. The launch follows Pen’s investment earlier this year to create a dedicated new IP underwriting […]

Regulatory / Legal

Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents

July 18, 2023

Via: Insurance Journal

Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe two U.S. patents owned by a Tesla subsidiary. Tesla CEO Elon Musk pledged in 2014 not to “initiate […]