UK-based insurance services provider Aon has announced the launch of a new managing general agent (MGA) to underwrite intellectual property liability risks.
Aon stated that the new MGA is expected to meet the changing needs of intellectual property (IP) exposures, especially in a distressed economic environment.
The company has recently appointed Ian Lewis to lead the development of a strong underwriting team and to create a portfolio of innovative risk transfer solutions for IP and other intangible asset risks, which will be offered by the MGA.
Source: World IP Review