Recently, under the guidance of Suzhou and Wujiang Intellectual Property Bureau, Suzhou Jufeng Electrical Insulation System Co., Ltd. signed overseas tort insurance contract with Wujiang branch of PICC. PICC provides one million yuan guarantee for two core products sold by Jufeng in India and Germany. This policy is the first overseas infringement insurance of intellectual property in Jiangsu Province, which is a great contribution to the overseas intellectual property protection assistance system of enterprises being explored and established in Suzhou.

This year, Suzhou also landed the geographical indications of Zhenze silk and Phoenix nectarine, which were covered by the insurance of infringement and infringement of the trademark of Xiangcheng. The number of intellectual property insurance insurance companies in Suzhou has been rising, the premium income and insurance amount continue to increase, and the insurance awareness of the enterprises has been significantly improved.

Next, Suzhou will further strengthen policy guidance and business guidance, strengthen cooperation, integrate resources and improve mechanism, promote the work of intellectual property insurance as a whole, create the most comfortable business environment and escort more enterprises in innovative development.