Viability of Providing Insurance Cover For Intangible Assets in India

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Details
Case Code:

INS052

Case Length:

4

Period:

Pub Date:

2003

Teaching Note:

NO

Price (Rs):

0

Organization:

Not Applicable

Industry:

Insurance

Country:

Not Applicable

Themes:

Pricing

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.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

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