Marsh McLennan Agency vs Risklytics: How Do They Compare for Intellectual Property Insurance?

Marsh McLennan Agency describes arranging intellectual property for the audience stated on the cited product page. ³Company-reported. intellectual property marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Intellectual Property Insurance with outside carriers; it says it does not underwrite policies itself. ⁴Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.

Confirm in your quote.

Risklytics does not name the carrier that underwrites Risklytics Intellectual Property Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. ^7,4Company-reported. Lines page and about page; no specific insurer is published for this line.

Organizations seeking executive/professional liability solutions; the source does not specify covered IP claims or terms. ³Company-reported. intellectual property marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

Risklytics says buyers typically need this coverage at their first filed patent or the first contract requiring them to cover a customer's IP claims, and that enterprise contracts with an IP indemnity clause require it; it adds that companies without patents can still need the line because trademarks, copyrighted code and trade secrets count too. ⁷Company-reported. Lines page.

The cited product page describes intellectual-property liability as a named executive and professional product; the overview does not itemize covered IP claims. Marketing description only; actual coverage, exclusions, conditions, limits, and availability depend on the issued policy and jurisdiction. ³Company-reported. intellectual property marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

Risklytics describes this line as paying legal costs on both sides of an IP dispute: defending a claim that the company's product infringes someone else's patent, trademark or copyright, and pursuing an infringer of its own IP, and distinguishes it from cyber liability, which would answer source code stolen in a breach rather than an infringement claim. ⁷Company-reported. Lines page; the issued policy and declarations control actual coverage.

The cited overview does not set a universal limit or retention for this line. Ask for the proposed policy form, limits, retentions, exclusions, and conditions in the quote. ³Not publicly disclosed. Only the cited marketing page was reviewed for published limit and retention information; no policy-form entitlement is inferred.

Risklytics lists a typical ask of $250,000 to $5 million per claim for this line. ⁷Company-reported. Lines page; actual limits are set on the bound policy.

Confirm in your quote.

Risklytics says only a short list of insurers write this line and that they require every patent filing and indemnity obligation to be listed before placement. ⁷Company-reported. Lines page.

The page invites organizations to contact a Marsh McLennan Agency adviser or specialist to discuss placement. The page does not establish a quote, bind, or coverage-effective timeline. ³Company-reported. intellectual property marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

You start Risklytics Intellectual Property Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^8,4Company-reported. Pricing page describes the general application and fee process, not a line-specific form.