Language Selection

English French German Italian Portuguese Spanish

First-ever Open Source Compliance Insurance

Filed under
OSS

Kiln plc of London, U.K., a Lloyd's of London underwriter and Miller Insurance Services Limited (Miller) a Lloyd's broker, announced today that they will offer a new product called Open Source Compliance Insurance. Open Source Compliance Insurance is the world's first insurance policy to cover the specialized risks faced by enterprises that include or rely upon elements of Linux and other open source software in their commercial products or internal IT infrastructure.

Open Source Compliance Insurance will initially offer cover of up to $10 million for direct loss suffered by the insured following a finding of non-compliance with specific license agreements under which open source code is obtainable. The insurance will indemnify the insured for the loss of profits associated with the withdrawal or alteration of a product incorporating non-compliant code or the impaired valuation of an acquisition agreement exchanging open source software. In certain circumstances the policy would pay the costs to mitigate such losses including the expense of repair or replacement of code that is found to infringe upon the General Public License (GPL) or other Open Source licenses. This pioneering product was developed as part of a three way collaboration between Miller (the broker), Kiln (underwriter) and Open Source Risk Management (OSRM) of New York, which will act as the exclusive worldwide risk-assessor and advisor under the facility.

Full Story.

More in Tux Machines

Linux Remote Desktop Roundup

Over the years I've found that a significant hurdle to getting family and friends to switch to Linux comes from its lack of familiarity. This is especially true when it comes to troubleshooting any issues. Obviously, when a malfunction occurs it's not always possible to be there in person. However thanks to the wonders of broadband Internet and advanced software, we're now able to do the next best thing. In this article, I'll share some recommended remote desktop software for Linux. I’ll explore both open source and closed source solutions. Read more

Android ski goggles offer augmented reality display

It runs Android on a 1.2GHz ARM CPU, and offers hands-free control. Read more

Photoshop competitor Krita is a true creative tool -- and it's free and open source

Open source has some of the greatest tools, which continues to prove that you don't have to lock-down the code behind guarded walls to make a better product. Some popular open source products that don't have any match in the closed source world include Firefox, Chromium, VLC, Blender, Android, one gem that is, surprisingly, less known but extremely powerful when it comes to creating a work of art. Read more

First peek at the next Ubuntu 15.04 nester line-up

Ubuntu 15.04 is here – almost. The first beta of Vivid Vervet has been delivered, and with it have come images of the penguin flock that nestles on this OS. I looked at Xubuntu, Kubuntu, Ubuntu GNOME and Ubuntu MATE but there’s also Lubuntu and the China-centric Ubuntu Kylin, which I didn’t test. These are beta releases and should be considered for testing purposes only, but the advantage of these early versions is that features have been frozen and you can get an early glimpse of what's coming for each of the popular flavours in the 15.04 foundation. From this point on, the only changes will be bug fixes. Read more