Insurance Coverage for Common Copyright and IP Risks

Companies should perform a thorough review of business practices and how they could give rise to intellectual property exposure, and also consult with their insurance broker on how to insure against risks.

By Evynne Grover | May 26, 2022 at 10:43 AM

Stock illustration: Thief stealing a lightbulb

Copyright violations and other forms of intellectual property (IP) risk have long been a major concern for publishers and entertainment companies, but the explosive growth of the Internet and social media, as well as the ease of producing content, have turned nearly every business into a publisher. Examples include:

  • The "widget" manufacturer that maintains a website with an online catalog and instructional videos for use of its product.
  • The cosmetics company that has Instagram and Tik Tok accounts where staff share influencer videos that are synced with music or have music incidentally in the background.
  • A restaurant chain that has a Facebook account showing photos of its food, as well as articles and reviews of its restaurants.
  • A nonprofit entity that posts activist videos and short-form films on its YouTube and Twitter accounts that are filmed in front of a graffiti-marked building.

Like companies in the media and entertainment industry, each of these businesses is, indeed, engaging in activities that risk violating the intellectual property rights of another party.

Here are five common activities that can expose companies to intellectual property risk:

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

By Alyssa Aquino | February 14, 2025

Numerous trade attorneys say that any legal challenge to the tariffs will run up against courts that have proven to be very deferential to presidential trade authority.

Critics of New Trump Tariffs Face an Uphill Battle in the Courts

By T&R Staff | February 13, 2025

Recent research from Chatham Financial indicates where companies face exposures and how they’re mitigating the risk.

Insights to Corporate Financial Risk Management

By T&R Staff | February 06, 2025

If you’re expecting a significant increase in compensation this year, it’s time to temper those expectations.

Raises Are Slowing for Finance Pros