Why IP Insurance Matters: David Bloom’s Mission to Protect Innovation
In the complex and ever-evolving world of intellectual property (IP), safeguarding innovations is a challenge many businesses face. While patents, trade marks, and copyrights provide legal protection, enforcing these rights can be costly—especially for small and medium-sized enterprises (SMEs). This is where David Bloom, founder of Safeguard iP, comes in. As the UK’s only dedicated intellectual property insurance broker, David is on a mission to make IP protection accessible and affordable for businesses of all sizes.
In this ‘Meet the IP Professional’ feature, we explore David’s journey from IP litigator to insurance broker, the importance of IP insurance, and how Safeguard iP is helping businesses defend their most valuable assets.
From IP Litigation to IP Protection
David Bloom began his career as a solicitor specialising in IP law, working at the highly respected firm Olswang LLP, followed by Pinsent Masons. During his time as a litigator, he handled numerous patent disputes and trade mark cases, working with both large corporations and small businesses.
“I saw first-hand how devastating IP litigation could be for SMEs,” David recalls. “Many businesses assumed that having a patent or trademark was enough to protect them. But in reality, these rights only give you the ability to take legal action if someone infringes them—and litigation is incredibly expensive.”
Time and again, David encountered clients who, despite having strong IP rights, were unable to afford the high costs of enforcement. For larger corporations, litigation costs could be absorbed within their legal budgets, but for smaller businesses, the financial burden was often insurmountable.
“The system felt unfair,” he explains. “I knew there had to be a better way for SMEs to defend their IP without risking bankruptcy.”
The Birth of Safeguard iP
Determined to create a solution, David transitioned from law to insurance, founding Safeguard iP, the UK’s only dedicated IP insurance brokerage. Unlike general insurance brokers, Safeguard iP exclusively focuses on intellectual property protection.
“There were existing IP insurance products in the market, but they were often too expensive or too limited in coverage,” David notes. “My goal was to help insurers develop policies that truly met the needs of SMEs—affordable, comprehensive, and easy to access.”
Safeguard iP works with businesses to assess their risks and find the right insurance solutions, ensuring they can enforce their IP rights and defend against infringement claims without financial strain.
Why IP Insurance Matters
Many businesses underestimate the risk of IP disputes. However, with over 500,000 new businesses incorporated in the UK each year, the number of potential IP conflicts is rising.
“There’s more IP being created than ever before,” David explains. “As a result, unintentional infringement is becoming more common. Whether it’s a start-up unknowingly infringing on an existing patent or a company facing a trade mark challenge, the risks are significant.”
Without insurance, businesses facing IP litigation often face a tough choice: abandon their claim or risk financial ruin. IP insurance changes the equation by providing financial backing for legal action.
“When a company is insured, they can act decisively,” David says. “In many cases, just informing an opponent that you have IP insurance leads to a faster settlement—because they know you have the funds to fight.”
How Safeguard iP Supports Patent Attorneys
Safeguard iP has built strong relationships with patent and trade mark attorneys, who frequently refer clients to David’s services.
“Many patent attorneys find that clients hesitate to file patents because they worry about the cost of enforcement,” he explains. “By introducing them to IP insurance, attorneys can reassure their clients that their rights can be protected affordably.”
While UK Financial Conduct Authority (FCA) regulations prevent patent attorneys from advising on specific insurance policies, they can educate clients about the existence and benefits of IP insurance, referring them to specialists like David.
“Most attorneys want their clients to feel confident in their IP strategy,” he adds. “By discussing insurance, they’re helping clients make informed decisions about protecting their assets.”
Making IP Insurance Accessible
In the past, getting IP insurance was a complicated and expensive process. Companies had to complete lengthy application forms, and quotes often came back far higher than the expected cost.
David has worked hard to streamline the process.
“Now, all I need is a company’s website address and revenue details,” he says. “I can provide a quote within 24 to 48 hours. For SMEs under £10 million turnover, policies are now significantly more affordable and predictable than they were a decade ago.”
Premiums for £1m of worldwide enforcement and defence cover are circa £3,500 and £2,500 for £500k of cover.
Thanks to these improvements, the number of businesses purchasing IP insurance has grown significantly in the last five years.
The Future of IP Insurance
As the demand for IP insurance increases, David predicts lower prices and broader coverage in the future.
“More policies mean more data for insurers, which helps them refine their risk models and reduce premiums,” he explains. “It’s a virtuous cycle—more businesses buying insurance leads to lower costs for everyone.”
Additionally, coverage is expanding. While policies traditionally covered only defence costs, new offerings now include:
Enforcement coverage (to fund legal action against infringers)
Title disputes (to resolve ownership conflicts)
Patent opposition and invalidity claims (to defend against challenges)
Looking ahead, David hopes insurers will develop policies that cover the loss of IP value—for instance, if a patent’s worth drops significantly due to legal issues.
Final Thoughts
David’s mission is clear: make IP insurance accessible, affordable, and effective. His legal expertise and deep understanding of the challenges SMEs face set Safeguard iP apart in the market.
For businesses with valuable IP assets, David’s advice is simple: “Don’t wait until there’s a problem to think about insurance.” The right coverage can mean the difference between defending your innovations and losing them to legal disputes.
With growing awareness and improved accessibility, IP insurance is no longer a niche product—it’s becoming a critical tool for businesses looking to protect their competitive edge.
Get in Touch with David Bloom
If you’d like to learn more about how Safeguard iP can help protect your business, visit safeguardip.com or connect with David Bloom on LinkedIn: David Bloom | LinkedIn.
How PatWorld Supports IP Protection
At PatWorld, we understand the importance of comprehensive IP protection. We work with companies to provide Freedom to Operate (FTO) searches, Invalidity searches, and a range of other IP-related searches. Our services help businesses mitigate risks, strengthen their IP strategies, and make informed decisions before entering new markets.
To learn more about how PatWorld can support your business, check out the links below.
Top Packaging Conferences for Innovators and Attorneys
In an ever-evolving industry, staying ahead of the curve is crucial for innovators, patent attorneys, design experts, and trademark specialists working in packaging. As the sector continues to grow, driven by sustainability, digital innovation, and consumer demand, attending key conferences can provide invaluable insights, networking opportunities, and a chance to explore the latest trends and technologies.
Here’s a roundup of the must-attend packaging conferences from August 2024 to December 2025 that will be particularly beneficial for professionals in the field of innovation and intellectual property law.
London Packaging Week
– Date: September 11-12, 2024
– Location: London, UK
– Overview: Packaging Première, PCD, PLD and Food & Consumer Pack connect the world’s top luxury, beauty, drinks and FMCG groups with the packaging suppliers, materials and inspiration that will define the future of their brands. Gain insights into the latest design trends and explore opportunities for brand protection and innovation in packaging.
– Overview: A premier trade event dedicated to processing and packaging innovations across various industries, including food, beverages, pharmaceuticals, and cosmetics. The event brings together industry professionals to showcase cutting-edge technologies, sustainable solutions, and the latest trends in packaging and processing. Innovators, Patent, Design, and Trademark Attorneys should attend to gain insights into emerging technologies, network with industry leaders, and explore opportunities for new patents and designs. This event is crucial for those looking to protect and advance their clients’ intellectual property in the dynamic packaging and processing sectors.
– Overview: Pack Expo is one of the largest and most comprehensive packaging events globally. It showcases the latest packaging machinery, materials, and technology, making it a key event for innovators and attorneys specialising in patents and trademarks. Discover cutting-edge technologies, network with industry leaders, and explore opportunities for innovation and intellectual property protection.
– Overview: A key event for exploring trends and innovations in pharmaceutical packaging. It gathers industry leaders to discuss sustainability, regulatory updates, serialisation, and digital transformation. Stay updated on cutting-edge packaging technologies, network with industry leaders, understand regulatory changes, and discover new opportunities for patents and trademarks. This event offers critical insights for protecting and advancing your clients’ innovations in the pharma industry.
– Overview: The Plastic Free World Conference & Expo 2024 is a pivotal event focused on eliminating plastic waste and driving sustainable innovation. Taking place in Frankfurt, Germany, on November 6-7, 2024, this conference gathers global leaders, innovators, and experts to discuss cutting-edge solutions and alternatives to traditional plastics, aiming to create a more sustainable future. Innovators, Patent, Design, and Trademark Attorneys should attend to explore the latest sustainable materials, connect with industry pioneers, and understand the evolving regulatory landscape. This event offers valuable insights for developing and protecting eco-friendly innovations and intellectual property in the rapidly evolving sustainability sector.
– Overview: The Active & Intelligent Packaging Industry Association (AIPIA) World Congress focuses on the latest advancements in smart packaging. This conference is perfect for innovators and attorneys working with patents related to smart technologies in packaging. Stay ahead of the curve with the latest smart packaging innovations, and explore the intersection of technology and packaging in terms of IP.
– Overview: This conference provides insights into new technologies and packaging innovations. Bringing together professionals from across the packaging value chain to discuss new materials, sustainability, regulatory impacts, and emerging trends that are shaping the future of packaging. Learn about the latest packaging innovations and network with industry leaders, understand regulatory shifts, and explore opportunities for new patents, trademarks and designs.
– Overview: A premier trade event dedicated to processing and packaging innovations across various industries, including food, beverages, pharmaceuticals, and cosmetics. The event brings together industry professionals to showcase cutting-edge technologies, sustainable solutions, and the latest trends in packaging and processing. Innovators, Patent, Design, and Trademark Attorneys should attend to gain insights into emerging technologies, network with industry leaders, and explore opportunities for new patents and designs. This event is crucial for those looking to protect and advance their clients’ intellectual property in the dynamic packaging and processing sectors.
– Overview: This forum is dedicated to flexible packaging, particularly pouches, which are becoming increasingly popular. It’s an essential event for those interested in the technical and design aspects of flexible packaging. Engage with pioneers in pouch packaging and understand the IP challenges and opportunities in this rapidly growing sector.
– Overview: Another major event by Pack Expo for innovators and legal professionals in the packaging sector. Explore the latest innovations, network with peers, and discuss IP strategies with leading professionals.
Attending these conferences will keep you informed about the latest industry trends and technologies. Innovators, Patent, Design, and Trademark Attorneys should attend to gain insights into emerging technologies. In addition, network with industry leaders, and explore opportunities for new patents and designs. Whether you’re looking to innovate, protect, or market new packaging solutions, these events are essential for staying ahead in the competitive world of packaging.
How Can PatWorld Assist Your Innovation in the Packaging Sector?
When it comes to patent, design, and trademark research, trust matters. Our teams of researchers have been the go-to choice for patent attorneys, in-house counsel, multi-nationals, SMEs, and universities for many years. Whether you choose to conduct your own search and analysis or seek assistance from our experts, PatWorld is equipped to serve your needs. Seize this chance to employ the premier patent search service for your Packaging Innovations. Order a Search Today, or take a 24 Hour Free Trial of our Patent Database.
As the AgriTech sector continues to surge with ground-breaking innovations, it is crucial for intellectual property (IP) professionals to stay ahead of the curve. Attending leading AgriTech conferences worldwide, such as the World Agri-Tech Innovation Summit and Agrivoltaics Europe, offers unparalleled opportunities to understand the latest technological advancements and their implications for IP rights. These events provide a platform for IP experts to network with pioneers in agricultural technology, gain insights into emerging trends, and explore strategies for protecting and leveraging intellectual property in an evolving market. By participating in these conferences, IP professionals can ensure they are well-equipped to support the development and commercialisation of cutting-edge agri-tech solutions.
AgriTech India
This event showcases the latest technologies in agriculture, horticulture, dairy, and livestock, featuring international participation and innovations.
Date: August 22-24, 2024
Location: Bangalore, India
Beneficiaries: Agricultural professionals, technologists, industry leaders, and business stakeholders.
Focuses on crop production technologies and innovations tailored for the Southeast Asian market, addressing unique regional challenges and opportunities.
Date: November 6-7, 2024
Location: Jakarta, Indonesia
Beneficiaries: Crop production professionals, technologists, industry leaders, and business stakeholders.
Expand your network: Connect with industry leaders and innovators.
Educate and inspire: Learn from ground-breaking research and case studies.
Spotlight on innovation: Discover technologies that could revolutionise healthcare practices and businesses.
These events are pivotal for anyone in the agritech sector looking to stay on the cutting edge. Mark your calendar and consider attending these conferences to advance your knowledge and career.
How Can PatWorld Assist Your AgriTech Ventures?
When it comes to patent, design, and trademark research, trust matters. Our teams of researchers have been the go-to choice for patent attorneys, in-house counsel, multi-nationals, SMEs, and universities for many years. Whether you choose to conduct your own search and analysis or seek assistance from our experts, PatWorld is equipped to serve your needs. Seize this chance to employ the premier patent search service for your Agritech project. Order a Search Today, or take a 24 Hour Free Trial of our Patent Database.
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