"A New York-based startup is preparing to offer 'open source
insurance' to some of the largest corporations in the world in
response to legal concerns like the one being played out by SCO
"Open Source Risk Management, which provides consulting services
as well as vendor-neutral indemnification to clients, is expected
to debut an expanded range of business services this week,
including insurance against open source litigation. After several
months in stealth mode, the VC-backed company is officially
launching at this week's Open Source Business Conference in San
"'The big vendors can't do it. Insurance companies can't do it.
A unique and vendor-neutral entity had to be created,' OSRM
executive director John St. Clair told internetnews.com. 'There is
no $1.5 million fund like the one being offered by Novell that can
fully cover a serious lawsuit...'"
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