RPX launches ‘A’ rated patent troll insurance with Lloyd's

RPX Insurance Services introduces a new insurance service for businesses facing patent infringement litigation with patent trolls on behalf of a syndicate at Lloyd's

Today, almost any business that uses basic technology is a possible target of non-practicing entities (NPEs), also known as patent trolls -- the result of a patent system that has done a terrible job of evaluating software patents and a court system that hasn't done much better at examining them.

RPX Corporation, a provider of patent risk management solutions, has introduced a new insurance service for businesses facing patent infringement litigation with patent trolls. As a coverholder at Lloyd's, RPX Insurance Services, will provide marketing, underwriting, and claims management services on behalf of a syndicate at Lloyd's – an insurance and reinsurance specialist that is typically the first to insure unusual and complex risks.

Contributing Author

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Amanda Ciccatelli

Amanda G. Ciccatelli is a Contributing Writer for InsideCounsel, where she covers the patent litigation space. Amanda earned a B.A. in Communications and Journalism from...

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