What Are the Key Differences Between Founder Shield and Marsh McLennan Agency Intellectual Property Insurance?
Defending a claim and pursuing an infringer
Founder Shield describes two IP components: defense costs and judgments when the insured is accused of infringement, and enforcement funding, subject to underwriter approval, to pursue an infringer and recover lost income. Marsh McLennan Agency lists intellectual-property liability among its executive/professional offerings, but the reviewed overview does not say whether it includes enforcement as well as defense. A company seeking funding to assert its own patent or copyright should ask MMA specifically about offensive coverage instead of treating the product label as proof. [5] [7]
Carrier role and underwriting detail
Founder Shield is a brokerage and says it places this coverage with third-party carriers rated A- or better by AM Best, selected for the client’s industry; the issuer is not named until placement. MMA also describes arranging this line through an adviser, while its overview supplies no carrier or policy details. Ask each placement team for the proposed insurer, any enforcement sublimit or approval condition, and exclusions for the specific patents or works at issue. [3] [4] [7]
