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Lloyds of London to Offer Open Source Insurance

Posted by CmdrTaco on from the stuff-to-read dept.

darkworm writes "Lloyds of London, the world's oldest insurance house, is to offer indemnification for IP litigation worldwide according to the Channel Register: 'Lloyd's of London is close to offering independent insurance protection worldwide against potential IP litigation involving Linux and open source software. The financial services giant has agreed to take on the risk associated with open source, and is finalizing arrangements to work through Open Source Risk Management (OSRM) who will become Lloyd's sole U.S. representative.'"

1 of 135 comments (clear)

  1. Microsoft! by neurokaotix · · Score: 0, Flamebait

    Microsoft will become Lloyd's sole US representative!!

    --
    "...if people respected copyright more, like you guys do with the GPL so religiously, [the DMCA] wouldn't be necessary."