To assist small and medium sized enterprises with the costs of defending a trade mark, Trade Mark Protect has been launched by BMS Risk Solutions, partnered with CFC Underwriters and Griffith Hack.
Trade Mark Protect, a trade mark defence insurance product, provides a sustainable and affordable option for trade mark applicants and owners to meet the costs of defending their trade mark against an opposition to registration or application for removal of their trade mark.
Late last year, we announced that following a competitive process via AusTender, BMS Risk Solutions and partners were selected to develop a defence insurance solution for our trade mark customers.
Our role in identifying a provider was to assist Australian businesses with obtaining access to effective trade mark defence insurance; however, this product is offered by BMS and not through IP Australia. We receive no benefit from Trade Mark Protect and receive no benefit with respect to the sale of any insurance policies by BMS or partners.
While we recognise the value of Trade Mark Protect, we do not warrant or guarantee the suitability of the product for your specific purposes or needs.
If you’re interested in Trade Mark Protect, visit the Trade Mark Protect site to read the Product Disclosure to determine if it’s appropriate for your circumstances or contact BMS on firstname.lastname@example.org or 1800 931 072. You can also read more general information on IP insurance.