Arch Takes the Lead in Intangible Asset Protection with New Division

The new Intangible Assets Division is poised to offer innovative insurance solutions that cater to the specific risks associated with intangible assets. In today’s economy, intangible assets, including patents, trademarks, copyrights, trade secrets, and data, often represent a substantial portion of a company’s overall value. Protecting and managing these intangible assets is crucial, as they can be vulnerable to various risks, including infringement, cyberattacks, and regulatory challenges.

The expertise of the former Aon team will be instrumental in guiding clients through the complex landscape of intangible asset risks. Arch’s deep understanding of risk assessment and underwriting, coupled with the team’s knowledge in intellectual property and intangible asset risk management, positions the Intangible Assets Division as a leader in this specialized field.

This strategic move aligns with the broader industry trend of recognizing the growing importance of intangible assets. As companies increasingly rely on digital technologies, data, and intellectual property to drive their operations and value, the need for tailored insurance solutions becomes paramount. Arch is not only acknowledging this shift but is proactively addressing it, demonstrating its dedication to supporting clients in safeguarding their intangible assets and mitigating potential risks.

The Intangible Assets Division will offer a range of insurance products designed to protect against the specific challenges faced by businesses with significant intangible asset portfolios. These products may encompass intellectual property liability coverage, cyber risk insurance, data breach protection, and other innovative solutions aimed at safeguarding intangible assets from various threats.

Arch’s strategic expansion into the realm of intangible assets reinforces its commitment to meeting the evolving needs of its clients. In today’s fast-paced and technology-driven business environment, companies must adapt to new risks and challenges. The establishment of the Intangible Assets Division positions Arch as a forward-looking insurance provider, ready to address the complex issues and risks associated with intangible assets and intellectual property.