Miller survey reveals that intangible assets are left unprotected

“Intangible assets now account for around 75% of a company’s value. Simply put, we are a far more knowledge-based economy than ever before,” said Greg Collins, director of professional risks at Miller.

“Despite this, we are not surprised to see this low level of take up of insurance cover for these assets, in particular the intellectual property owned by a business. While IP is clearly maturing fast in terms of value and importance, it is often overlooked as it can be a complex subject area