Viability of Providing Insurance Cover for Intangible Assets in India

  
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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Case Details:

Price:
Case Code : INS052 For delivery in electronic format: Rs. 100;
For delivery through courier (within India): Rs. 100 + Rs. 25 for Shipping & Handling Charges

Themes

-
Case Length : 04 Pages
Period : 2003
Pub Date : 2003
Teaching Note : Available
Organization : Varied
Industry : Insurance
Countries : India

Abstract:

The case examines the viability of providing insurance cover for intangible assets. It also throws light on the difficulty of underwriting risks for intangible assets because of the lack of historical data. Issues associated with the provision of insurance against the infringement of Intellectual Property Rights (IPRs) are also discussed in the case. In addition, problems that impede the development of products, which provide insurance cover against the infringement of IPRs are also addressed.

Issues:

» Understand the factors that prevent insurers from providing insurance cover for intangible assets

» Analyze the causes for the unpopularity of insurance cover against the infringement of IPRs in India and other developing countries

Keywords:

Viability, providing, insurance, cover, intangible assets, underwriting risks, historical data, Intellectual Property Rights, IPR

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