Intellectual Property Insurance Services Corporation

How Our Products Protect You

Need Protection From Lawsuits?

With our IP Defense Insurance policy, we protect your company from accusations of infringement. With litigation fees that can cost you upwards a million dollars or more, of your hard-earned monies, why assume all of the financial risk yourself?

Need Protection Against Infringers?

With our IP Enforcement Insurance policy, we help you protect your company's valuable patents and copyrights that you worked and invested so much for, helping you stop copycats from stealing your just rewards.

Need Funding While Protecting Equity?

With our Collateral Protection Insurance (CPI) policy, we insure the value of your IP to use as collateral for a loan, helping you obtain millions in financing without having to give up precious equity. Your high quality patents deserve low-cost investment support.

Need Protection for Trade Secret Theft?

With our Unauthorized Disclosure Insurance policy, we protect you from the financial losses that arise when your trade secrets and other proprietary information are stolen. As you rely more on trade secrets as patent protection becomes less reliable, don't let the value of your trade secrets be at risk.

Without IPISC's risk reduction products, many companies cannot afford to protect the value of their IP, which can result in business failure or acceptance of onerous licensing terms at great detriment to long-term profits.

IP Litigation on the Rise

How can you protect your intellectual assets?

The "NPE"

Non-practicing entities (“NPEs”), often referred to as “patent trolls,” are companies that derive most of their revenue from patent licensing, rather than from operations. The litigation costs and settlement demands generated as a result of patent trolls can wipe out small competitors, which stifles competition, limits choices and drives up prices. Larger competitors can pass the additional, unexpected costs of patent troll litigation to the consumer. Patent troll litigation is not just a corporate problem; it is an issue for all consumers. Despite the current debate in Congress focusing on additional patent litigation reform, this recent surge in patent lawsuits further emphasizes that the risk of your company becoming embroiled in expensive patent litigation remains a very real threat that is not likely to wane anytime soon. Patent litigation will continue to be used as an effective tool for patent holders.

Troll Related Patent Litigation
Percentage of patent litigation is initiated by patent trolls
High Tech Litigation
Percentage of High Tech cases that are initiated by Patent Trolls
Rise in Litigation
Percentage of increase in patent litigation between 2014 and 2015
Clients
Percentage of clients that love us

OUR HAPPY CLIENTS

Our Team

Get to know who is on your team!

Bob Fletcher

President / CEO

Mr. Fletcher is the President and CEO of Intellectual Property Insurance Services Corporation (IPISC). Under Mr. Fletcher’s direction, IPISC serves as the Managing General Agent and Program Manager for intellectual property risks. In addition to founding IPISC 25 years ago……more

Sheila VanMeter

Executive Vice President & Treasurer

Ms. VanMeter is Executive Vice President and Treasurer of Intellectual Property Insurance Services. Her responsibilities include management of Finance, Accounting, HR and administrative support and she has been with IPISC since its incorporation –25 years ago… more

Charles T. Baxter

Underwriting Manager / General Counsel

Chuck Baxter is Underwriting Manager and Associate General Counsel at IPISC, and has been with the company for 13 years. He is a registered patent attorney who underwrites applications for defensive and offensive insurance for patent, trademark, copyright, and other intellectual property risks. …..more

William L. Ritter

Asst. VP

William L. Ritter has been a Licensed Agent 30 Years Selling Property Casualty insurance. He is a Senior Account Representative employed by IPISC 25 years selling Abatement and Defense Insurance as well as other services. ….more

Testimonials

Greg Henson, President/CEO of NoSun, LLC said, “The insurance policy is a lever of sorts. When we were sued, the plaintiff had no idea that we had insurance. Their intention was to bully us out of the business with threats of time consuming and expensive litigation. I will never forget the conference call when our attorney dropped the bomb on them, ‘our client has a 5 million dollar patent insurance policy. It’s not their money. Let’s go.’ You could have heard a pin drop. … read more!

Greg Henson

NoSun LLC President/CEO

Ed O’Connor, CFO of Octane, said, “IPISC’s litigation management team has managed our claim highly effectively and recommended an excellent legal team that is well versed in IP litigation. All legal invoices are closely reviewed, holding the legal firms accountable for their billings. IPISC is reasonable and fair to work with and has earned our trust. One question always comes to mind when working with insurance companies; will they be there for you when you need them- ..read more!

Ed O’Conner

Octane CFO

Jonathan Turner, President of Turnasure, LLC, said,” A benefit, to having an enforcement policy through IPISC, is the Early Intervention Services, which sends letters on the policyholder’s behalf stating they have insurance to enforce their IP rights. Mr. Turner states, “More recently we saw a company advertising our product without our permission, and we asked IPISC’s team to send them an Early Intervention letter on our behalf stating we had an… ..read more!

Jonathan Turner

Turnasure LLC President