SWEDEN

Summary:

Insurance covering court costs for counterfeiting of IPR

Title of initiative	Insurance covering court costs for counterfeiting of IPR
1. General presentation
1.1 Overview
Insurance covering court costs in connection with disputes relating to counterfeiting of IPR. The initiative is based on a co-operation project between Lloyd's and The Swedish Inventors' Association (Svenska Uppfinnareföreningen). The insurance premium is dependent on the monetary value of the IPR to be insured as well as its geographical coverage. The coverage could range from e.g. EUR 1,250 (SEK 12,000) per year to EUR 105,000 (SEK 1 million).
1.2 Sector focus	Sector: No specific sector
1.3 Institution (managing initiative)	Lloyd's Insurance (Swedish counterpart: Factor) & The Swedish Inventors' Association (Svenska Uppfinnareföreningen)
2. Detailed Information
2.1 Start date	April 2007
2.2 End date	Ongoing
2.3 Budget	-
2.4 Type of initiative	Initial Information & Signposting Dedicated Information Provision Dedicated Services Professional Advice Training International Liaison & Actions by Business Organisations Funding & Evaluation Public Access & Co-ordination Measures Other (specify): Providing insurance coverage in case of legal disputes
2.5 Type of IPR	All IPR Industrial Property Inventions : Patents Utility Models Plant Varieties Topographies of Semiconductor Products Distinctive Signs : Trade Marks Trade Names Geographical Indications, Designations of Origin Aesthetic Creations: Designs (industrial design) Intellectual Property Literary, Scientific, Artistic Creations : Copyright Neighbouring Rights Rights in Common Law, Tort, Competition Law etc. Trade Secrets, Licensing & Confidentiality Agreements
2.6 Stage in Enforcement Process	All Stages Registration Business Planning / Strategy Investigations Administrative Procedures Litigation Other (specify):
3. Evaluation of Initiative
3.1 Overall appraisal	Technopolis appraisal: N/A
4. Further Information
4.1 Document References	-
4.2 Web Site	www.uppfinnare.se
4.3 Contacts	Wanja Bellander, Swedish Inventors' Association (Svenska Uppfinnareföreningen SUF), +468 54516477 wanja.bellander@uppfinnare.se
4.4 Information Source	Technopolis report: “Effects of counterfeiting on EU SMEs and a review of various public and private IPR enforcement initiatives and resources”