“Markel is proud to have worked with Aon to design a unique solution and looks forward to building this new market with Aon in the future,” said Jim Gray, executive underwriting manager of professional liability at Markel Specialty.
The IP-backed loan transaction marks Aon’s deployment of its IP capital market solution, which includes the broker’s proprietary IP valuation tools.
Jim Young, Chief Financial Officer of Indigo – who, thanks to the structure, was able to raise additional funds while avoiding equity dilution – commented: “As an innovative company using microbial and digital technologies to facilitate A positive transformation of the agricultural system, Indigo sought to find a way to secure its vast portfolio of intellectual property assets.
“In a one-of-a-kind deal, Aon leveraged an approach that articulated the value of our intellectual property – making it a real capital asset – which allowed us to secure a significant amount of non-debt financing. dilutive.
For Edouard von Herberstein, partner of HSCM Bermuda, this is an example of insurance and insurance-related securities markets offering risk transfer solutions for intangible assets, adding that they believe that there are significant and growing opportunities and interest in this area.
“Intangible assets are the foundation of today’s global economy, and Aon is innovating in first-generation solutions to help businesses protect and maximize the value of these important assets,” said CEO Aon, Greg Case, who described the launch of the solution as “a turning point” that brings Aon’s valuation technology together with lenders and the insurance markets.
Lewis Lee, CEO of Aon IP Solutions, highlighted that they help provide innovative growth companies with a path to non-dilutive growth capital. “We are delighted to allow them to unlock this valuable asset,” said Lee, “and we are now positioned to facilitate a wide range of transactions. “