Seven Questions Intellectual Property Owners Should Ask Regarding Insurance Coverage
The following seven propositions illustrate important issues which intellectual property owners need to be aware of to maximize the value of those assets. They include:
1. What claims you assert in litigation your opponents right to a defense and indemnity under their insurance coverage.
2. What insurance coverage will litigation against your company trigger that benefits its interests?
3. What new forms of insurance coverage are available to IPOs that will expand opportunities to transfer litigation costs to its insurers?
4. Can an insurance coverage audit reveal hidden opportunities to recapture monies paid for defense fees/settlements and/or judgments under existing insurance policies and, given the exposure revealed by a review of past coverage opportunities, is the present insurance portfolio properly attuned to risks your company now confronts.
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1. What claims you assert in litigation your opponents right to a defense and indemnity under their insurance coverage.
2. What insurance coverage will litigation against your company trigger that benefits its interests?
3. What new forms of insurance coverage are available to IPOs that will expand opportunities to transfer litigation costs to its insurers?
4. Can an insurance coverage audit reveal hidden opportunities to recapture monies paid for defense fees/settlements and/or judgments under existing insurance policies and, given the exposure revealed by a review of past coverage opportunities, is the present insurance portfolio properly attuned to risks your company now confronts.
Continue Reading...
