Patent insurance

Spot On Insurance Podcast

I was a guest on the Spot On Insurance Podcast. We had a great conversation about my journey as a patent attorney and how I got into the insurance business. Ted and Arleen are great hosts and made the process wonderfully smooth. Have a listen! You can listen to the podcast here.

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Leveling the Playing Field for Patents

Unsaid in all of the discussion about patents: how are we going to pay for enforcement? It may be all well and good to have the right patents at the right time, but you are powerless to do anything unless you have an enormous bankroll. Small Companies Have the Most to Lose In many ways,…

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What Are Insurance Premiums, Policy Limits, and Deductibles?

Every insurance policy uses the terms premiums, policy limits, and deductibles. These key components help you understand what you are paying, how much the insurance company will pay for a loss, and what your portion of the expenses will be. What are Premiums? A premium is the fee you pay for your insurance policy. Just…

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What Is Litigation Insurance?

Litigation insurance protects you if you are in a lawsuit. (This is different from insurance litigation, which is the topic of lawsuits regarding insurance.) Patent enforcement insurance and patent defense insurance are two examples of litigation insurance. Patent enforcement policies pay when you assert your patents against a competitor. In other words, the insurance policy…

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Early Intervention with IP Insurance

How actively using Intellectual Property insurance can help small players negotiate with giant companies. Intellectual property insurance – patent insurance specifically – comes in two main categories: enforcement policies and defense policies. In this scenario, we are going to discuss enforcement policies where a company has a patent portfolio and is engaging a larger company…

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Edison and Swan: Patents in the Real World

There are countless papers written about Thomas Edison and his lightbulb invention. Edison is hailed as a prodigious inventor, with over 1000 US patents. However, the story of the lightbulb has several interesting lessons to teach. Having a Patent Does *NOT* Mean You Have a Monopoly. It Means You Have a Trading Card. Contrary to…

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What is an insurance declaration page?

Purchasing insurance can provide you with peace of mind in knowing that your business and possessions are secure. When your policy goes into effect, you’ll receive a multi-page booklet outlining the important facts of your coverage. Reviewing all of that material can be intimidating, but here’s a hint: the main aspects are presented on the…

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Standards Essential Patents: Big Money

Unified Patents had a seminar entitled “Who is Gaming Who? Why 5G Self-Declarations Have Exploded and What to Do About it.” The seminar is a lot of inside baseball, but gives you a good glimpse about how patents are used in developing standards, and how the licensing game is played at the highest levels. Standards-essential…

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What is Directors & Officers Insurance?

Directors and officers (D&O) liability insurance covers directors and officers if they are sued while running a business or a charitable group. The insurance covers the costs and damages (awards and settlements) resulting from legal action, accusations and complaints brought against members of an organization’s board of directors or officers. Anyone who serves as a…

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