Associations
GSA has partnered with IPTA to deliver members a market leading insurance policy wording, providing a materially stronger and more resilient professional indemnity solution for IP professionals, and at a competitive premium. Below is all you need to know to obtain a quote.
The key advantages of the IPTA policy are outlined below:
The policy responds globally, including the US and Canada.
Why this matters: US and Canadian exposure can arise through filings, counterparties, or proceedings—even without a physical presence. IPTA materially reduces the risk of uninsured claims.
The policy operates on a traditional “pay on behalf” basis, covering damages and claim expenses arising from professional negligence.
Why this matters: Reduces ambiguity at claim time and provides clearer certainty that losses and defence costs are intended to be covered.
The policy has a flexible limit structure, including reinstatement for unrelated claims, rather than a restrictive aggregate.
Why this matters: Preserves meaningful cover throughout the policy period and reduces the risk of early limit erosion.
The policy includes a higher cyber and privacy sublimit (up to CAD $250,000).
Why this matters: Better protection for data breach response costs without eroding the core PI limit.
The policy allows emergency defence costs without a specific cap.
Why this matters: Enables rapid response in urgent situations without the risk of uninsured early costs.
The policy permits claims involving associated entities where ownership or control is below 10%.
Why this matters: Reduces the risk of technical coverage denials in common commercial or start-up arrangements.
The policy reduces the deductible by 50% when disputes are resolved via arbitration.
Why this matters: Encourages faster, more cost-effective dispute resolution and lowers out-of-pocket exposure.
The policy clearly defines how it responds alongside other valid insurance.
Why this matters: Minimises insurer disputes and supports faster, cleaner claims outcomes.
The policy is purpose-built for patent and trademark practices.
Why this matters: Better alignment between real-world IP risk and policy response, reducing unintended gaps
If you would like a quote, please complete the *LINKED* proposal form and email to charlesg@gsaib.com.au.
If you would like more information, please contact Charles on the email or mobile number below.
Charles Galayini
Executive General Manager - Strategic Growth
0414 421 425
charlesg@gsaib.com.au
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For more information, please contact:
