Insurance Coverage Against Patent Infringement Suits by Non-Practicing Entities

Looking for a possible new strategy to protect yourself against patent infringement lawsuits filed by non-practicing entities (NPEs)?  There is an innovative new potential option to evaluate as part of your strategy to manage the threat and expense of NPE litigation.

In response to the continued rising tide of patent infringement lawsuits filed by NPEs, RPX Corporation and Aon Risk Solutions have recently announced that they will begin offering small and medium-size companies up to $2.5 million in insurance coverage against NPE lawsuits. The insurance is currently available only to U.S. based companies with $1 billion or less in annual revenue. Although RPX has long offered defensive patent licensing strategies to help companies combat NPEs, this is the first time that it has offered insurance aimed at protecting defendants from NPEs.