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August 16, 2005

Insuring OSS liability

Steve pointed us to an article at ChannelRegister.co.uk covering the news that Lloyd's is willing to insure open source IP risk.

Perhaps this will take us in the direction of medical insurance, where a non-negligible portion of the costs come from health providers paying lawsuit insurance. I guess we were headed there anyway, but one can imagine the largest cost to companies of OSS becoming intermediated indeminification.

Now that's a real economic value add.

Posted by Mark at August 16, 2005 08:29 AM