August 20, 2005

Lloyd's may offer Open-Source Indemnity

Another sign of the continuing attempts to mature the OSS business:

Lloyd's may offer open-source indemnity

Lloyd's of London, the oldest insurance organization in the world, may soon underwrite open-source software against claims of intellectual property infringement.

http://news.com.com/Lloyds+may+offer+open-source+indemnity/2100-7344_3-5833077.html?tag=cd.top

Once pricing for these policies is available, that should help enterprises get a much clear picture of the real cost of Open Source Software by providing a more complete cost model.

Needless to say, I'm sure the price for these indemnity policies will be > zero.

Entry categories: OSS Patents
Posted by Jorgen Thelin at August 20, 2005 08:52 AM - [PermaLink]