Arch Insurance International has launched an intellectual property consortium at Lloyd’s, aiming to expand capacity and standardise cover for businesses facing IP-related risks.

The insurer will act as lead underwriter, supported by syndicates including Axis, Everest, Hamilton, Probitas, QBE, SCOR and The Hartford. The facility offers up to US$40m in line size and covers infringement liability, IP rights protection and IP rights enforcement.

It is designed for organisations of all sizes across the energy, life sciences, manufacturing and software sectors.
Placements will be handled through a single lead, with Arch also managing claims through its third party claims team.

Ian Lewis, head of intangible assets at Arch, commented: “We are proud to bring together this specialist consortium to support what is a rapidly growing and increasingly important class of business. This initiative demonstrates the strength of the Lloyd’s market in delivering meaningful capacity and specialised IP coverages for the expanding needs of businesses. By combining significant limits with deep underwriting expertise and claims capabilities, we can deliver comprehensive, tailored solutions that reflect the critical value of our clients’ intangible assets.”

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