A Safeage to India

This patent aims to make people voluntarily and positively commit themselves to practice safety. A small effort in aiding the dream of a safe society. A footnote to a footnote written here that pursues in its own small way the aim of Suraksha Bharat a reality.

- Dr K. Rajagopal Reddy PhD, FIII, FCII (UK), FLMI (US), FT Chartered Insurance Practitioner Topspot Insurance Broking Pvt. Ltd.

Topspot Insurance Broking (commercially known as 'insurancepe' - www. insurancepe.com), has gone a step beyond insurance business - from new business, renewals, premiums, claims, insurance education to owning insurance patents. A patent in the field of insurance is unheard of. Any patent is possible only in the field of Science & Technology. On hearing about a 'patent' in insurance, one is bound to ask: "What are you talking about? Patent in the field of insurance? Impossible!"

For the purpose of clarity, the definition of patent is as follows: A patent is owned / secured when the Government Authority confers License or Right or Title or all, for a specific period to an entity or an individual. Thus, owning a patent excludes all others from making, using and selling the patented invention.

No individual, no insurer and for that matter noone in the world owns a salvage patent in insurance. In fact, both patent and insurance are polar opposites! Given this impossibility it is inconceivable to own a patent in insurance. M/s Topspot Insurance Broking is formally awarded patent in the field of Insurance by the PATENT OFFICE, GOVERNMENT OF INDIA in March, 2025. This makes Topspot Insurance Broking as the only organization to achieve this unique distinction, in the field of insurance.

The patent secured is an invention entitled "SYSTEM AND METHOD FOR VERIFYING AND TRACKING THE MANUFACTURED ARTICLES FROM INSURANCE SALVAGE". The grant of patent is already published in the official journal of the patent office under section 43 of the Indian Patent Act.