On 11 September, Delta launched their new IP legal expenses coverage, a New Zealand first. They partnered with Duncan Cotterill and Antares to launch the product with a series of seminars in Auckland, Wellington and Christchurch.
The seminars shed light on what companies need to do to protect this most critical asset. Holding IP rights is a useful protection against others using an idea or innovation. However, holding these rights is not a guarantee that others will not attempt to imitate and seek to gain advantage of this innovation. Enforcing IP rights and also defending them is essential if someone alleges infringement of their IP.
Craig Kirk, General Manager and co-founder of Delta Insurance, MC’ed the seminars.
Dan Winfield is an Intellectual Property specialist and co-leads the Duncan Cotterill IP practice. Dan shared his knowledge about the IP legal landscape and provided insights into IP litigation cases in New Zealand. He is a member of the New Zealand Law Society, IPSANZ, INTA and is on the New Zealand Intellectual Property Office trade mark practice committee and hearings office practice committee.
Mark Waters is the Legal Expenses Underwriter for Antares Asia in Singapore and he provided a broad overview of international developments around Intellectual Property litigation and the underwriter’s response to IP risks. Mark has over 14 years’ underwriting experience and is responsible for the Legal Expenses portfolio for the Asia Pacific region.
Avani Vyas is Senior Underwriter at Delta Insurance and outlined the policy specifics and coverages of Delta’s new IP policy to defend and enforce IP rights. Avani has over six years’ experience in the industry, has worked in business development, channel management and underwriting and holds a Post-Graduate Diploma in Applied Business.
Petra Lucioli is the Claims Manager for Delta Insurance and focused on Delta’s response to a claim, detailing how the policy would assist clients in the event of a dispute. Petra has nearly 20 years’ experience in liability claims management. She spent many years as a litigation lawyer in the UK before moving into the London insurance market as a claims manager, handling professional liability risks.