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IPR insurance

With IPR insurance, you prepare for intellectual property infringements and litigation costs. Normally the registered rights are secure without an active action taken by the right holder. However, as the field of competition changes and due to regional and legal differences, there may be a situation where the rights need to be defended more actively.

Why

IPR insurance covers the litigation costs of intellectual property disputes and the financial damages caused by the infringements of intellectual property rights for which you are liable under applicable law. The insurance service is provided by our partner If P&C Insurance Company Plc, Finnish branch.

A good IPR strategy on the current state of rights, management, exploitation and protection of rights should be made as early as possible. Risks and costs should be transferred and shared. Agreements should be carefully concluded to ensure, inter alia, that intellectual property responsibilities and indemnities are properly agreed upon. In these situations, the use of expert assistance is almost always justified. Adequate competitor monitoring and raising staff awareness of IPR risks will reduce litigation and unnecessary infringements of the intellectual property rights of others.

Disputes concerning intellectual property rights in Finland and abroad, especially patents, can be very expensive and can last several years. The costs of defending rights can have a significant effect on the company’s liquid assets situation and thus on other activities. At worst, the impact may extend to the foundations of the company, jeopardizing thereby its whole financial situation. For this reason, litigation and legal fees in IPR disputes are often much higher than the damages that the court may award to the other party. A good IPR strategy, and IPR insurance in particular, provides security against these risks. Traditional legal expenses insurance does not cover the costs associated with these disputes. And most importantly, if the alternative is a lengthy legal process with an uncertain outcome, there will be a growing willingness on both sides to find a better settlement, such as a licensing agreement. The company should take out IPR insurance as early as possible. This ensures that all rights and related contracts and disputes are covered by the insurance. When a competitor is found to be infringing on their own patent or trademark, it is usually too late!

Contact
The customer will contact Boco IP regarding IPR insurance.
Offer
Boco IP's partner IF and Boco IP jointly make an IPR insurance offer to the customer.
Content of the IPR insurance
IPR insurance covers the costs of litigation and damages related to intellectual property rights.
Validity
The insurance remains valid at the customer's request for as long as the customer wishes.

Hintaesimerkit

Start-up company

Starting from a few hundred euros a year.

Extensive business in several market areas

Contact us, we will make an offer according to the desired scope.

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If you are concerned about anything, we are here for you. Pressing the button below you can see all our experts.
Jenni Aho
IP Specialist, administration and formalities
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Mari Nieminen
IP Legal Trainee
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Saoussen Merdes
Trainee Patent Attorney
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Nina Virolainen
Patent Attorney
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Hanna Hausalo
Office Assistant
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Anu Keinänen
European Patent Attorney, Partner
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Jutta Schauman
IP Specialist, administration and formalities
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Jenni Aho

IP Specialist, administration and formalities

I work in the IT, mechanics and electrical group. I assist patent attorneys in all matters related to patent processing and handle external communications with clients and authorities. I previously worked in the patent field in 2002–2008. I have been by Boco IP since 2013.

Education
BBA
Languages
Finnish, English, Swedish
Activities
Outdoor activities in the wild
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Mari Nieminen

IP Legal Trainee

I work in the IP Legal Trainee position, where I assist in the processing and application of European, domestic, and international trademarks and designs. I have a strong international education and work background, having lived in China, Malaysia, and Estonia. I have received most of my education abroad and in 2022 I graduated (Bachelor of Laws (LL.B.)) from Tallinn University of Technology in Estonia. I can serve customers fluently in Finnish and English.

Education
LL.B
Languages
Finnish, English, Chinese and Spanish
Activities
Golf, design, Chinese
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Saoussen Merdes

Trainee Patent Attorney

I have over 15 years of experience in research and education. Prior to joining Boco IP, I carried out research in the fields of solar energy and nanotechnology at Tokyo University of Science, the Helmholtz-Zentrum Berlin and the Freie Universität Berlin. I recently also worked as a Senior Scientist in a Finnish nanotechnology company. I joined the Physics & Electricity team of Boco IP in 2021. I advise our clients on matters related to patenting nano and semiconductor technologies.

Education
M.Sc. (semiconductor physics), PhD (electrical engineering)
Languages
English, French, Arabic, German, Japanese, Swedish and Finnish
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Nina Virolainen

Patent Attorney

I assist and advise our clients in protection of inventions in the fields of chemistry and biochemistry including diagnostics, molecular biology, microbiology, immunochemistry and process chemistry. My area of expertise is also the protection of biotechnology, bioenergy and cleantech processes and solutions. In addition, I assist our clients with employee’s inventions, competitor tracking, freedom to operate assessments and novelty searches.

I have worked in the patent industry since 2017. Before that, I have several years of R&D experience in developing and implementing innovative biotechnology and environmental technology solutions, both as a university researcher and at a startup company. I got interested in the IPR industry after being an inventor in patent applications myself, so I have multifaceted experience in turning research into protected inventions that add value to their owner. The best part of my job is getting a glimpse into pioneering research in many different fields!

Education
PhD (Environmental Biotechnology), M.Sc.
Languages
Finnish, English, Swedish, German
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Hanna Hausalo

Office Assistant

I work as a part-time Office Assistant while studying at university. My responsibilities include a variety of organizational and administrative tasks. I have been working at Boco IP since 2020.

Education
Studies in musicology
Languages
Finnish, English, Swedish
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Anu Keinänen

European Patent Attorney, Partner

I am a physicist and therefore work on inventions in many different areas of technology. However, most of my assignments relate to information, micro- and nanotechnology. This role provides a great opportunity to work with technically creative people, and I see inventors as stars of their companies. In addition to patenting, I provide a service that enables companies to outsource employment invention processes so that mandatory obligations are met, and patenting supports company's businesses. In dispute cases, I have sat in both sides of the table, and have a specific interest in essential patents. I have been employed by Boco IP since 2011.

Education
M.Sc. (physics)
Languages
Finnish, Swedish, English, German
Activities
Expert member of the Market Court, The Association of Finnish Patent Attorneys (Chairman 2022-), Fédération Internationale des Conseils en Propriété Intellectuelle, European Patent Institute, Licensing Executives Society.
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Jutta Schauman

IP Specialist, administration and formalities

I help with trademark and design matters and also assist our IP lawyers in the IP Legal team. I have been employed by Boco IP since 2011.

Education
M.Pol.Sc.
Languages
Swedish, Finnish, English, Spanish
Activities
Ice hockey, reading, exercise with family
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Anita Lehtonen

Office Manager

I perform a wide range of administrative tasks in the office. I take care of the operation and procurement of the office, communication with various service providers and the organization of various events.

My task is to enable our experts to have a smooth and comfortable everyday life in many ways. In addition, I manage the purchase ledger and assist in financial administration. I am also involved in occupational safety and health and on the board of the personnel fund. I have been employed by Boco since 2017.

Education
BBA, HSO
Languages
Finnish, English, Swedish
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Our experts are happy to help you.

Jerry Härkönen
IP Advisor
+358 40 538 7223
jerry.harkonen@bocoip.com
Petri Nieminen
Consulting Director, Partner
+358 9 6866 8412
petri.nieminen@bocoip.com