If you'd like to add captive insurance to your professional offerings and would like to become an affiliate, please contact us at 832.330.4101.
We own and operate the first Montana based series LLC named Aegis. We run it in conjunction with Aceterrus Insurance Resources
It's no secret that the U.S. economy is increasingly based on intellectual capital. This means the cost of defending one's IP rights should be at the forefront of any business with intangible assets.
According to the 2015 Economic Survey conducted for the American Intellectual Property Association, the median cost of litigation is high:
While there are commercial policies available for this exposure, a captive provides the best option for several reasons:
1.) A custom insurance policy: an insurance policy provided by the insurer isn't written to the insured's advantage. In contrast, a captive allows the insured complete control over contract language, insuring coverage.
2.) Complete control of litigation: having a captive allows the insured to chose the counsel best suited to the case.
3.) Fewer problems with claims: while captive adhere to insurance industry standards regarding the claims process, the ability to control the claims process allows the insured more control.
If you or a client of yours is interested in using a captive for their IP coverage, please call us at 832.330.4101.