Insuring intellectual property (IP) can cover the defensive chance the insured is accused of infringing others’ rights1 and/or the enforcement risk that the insured might need to assert its IP rights against infringers.2 These risks extend across industry sectors. Some businesses offer relatively similar goods or services, and trademarks are the primary distinguishing factors forRead More » […]
Patents are the lifeblood of innovation. A patent protects the inventors’ rights, ensuring their creations cannot be replicated without explicit permission. They provide a competitive advantage in the marketplace, and in today’s economy, intellectual property is as vital as tangible assets. Protecting your creations with a patent is the first step to safeguarding those ideas.Read More » […]
The construction industry, while traditionally reliant on physical labor and materials, has increasingly integrated software and technology into its operations. This technological advancement, while offering numerous benefits, also introduces unique intellectual property risks in the form of patents and copyrights. […]
Nearly every business has exposure to others’ intellectual property (IP) rights. Anyone who makes, uses, or offers for sale any product or service may be accused of infringing on someone else’s patents. The name you use for your company, product, or service could trigger allegations from owners of trademarks. Using pictures, text, video, audio, or computerRead More » […]
Intellectual property (IP) observers are likely familiar with the much-publicized Patent Assertion Entities (PAEs), a.k.a. Non-Practicing Entities (NPEs), a.k.a. “patent trolls.” PAEs are notorious for suing companies for the sole purpose of mining licensing fees, often regardless of the lawsuit’s merit. IP-related lawsuits generated by PAEs make up 62% of all IP infringement lawsuits led.Read More » […]
With the year quickly coming to an end, many businesses are reassessing some of their assets, liabilities, and strategies in preparation for the next year. Something that is often overlooked but extremely important is insuring against risks involving intellectual property (IP). Whether it’s issues surrounding patents, trademarks, copyrights, or trade secrets, protecting your positions involvingRead More » […]
Video game development is an intricate process, involving groundbreaking ideas that reshape how players interact with digital worlds. Just like in other industries, game developers seek to protect their unique technologies and innovations through patents. While patenting is a standard business practice, its enforcement in the gaming industry has generated backlash from the gaming community.Read More » […]
Does your company have processes that would, if your competitors got ahold of them, cause negative economic consequences? If so, you might have a trade secret. In this post, we will define what a trade secret is. Defining Trade Secrets Trade secrets are a kind of IP that is slightly different from the previous three.Read More » […]
Innovation is a crucial part of human development. For inventors who have developed a product or process, it is important to protect the hard work and investment that have gone into the innovation. In this post, we share what patents are and the protection they offer for those with innovative products and solutions. […]
Establishing a brand identity is important for every business. In doing so, there are assets and language defined that need protection that separates you from your competitors. That is where a trademark makes a difference. In this post, we are discussing what a trademark is and its benefits. Defining a Trademark A trademarkRead More » […]
