Protecting Your Intellectual Property with IP Insurance

As a CEO, you understand the importance of protecting your company’s most valuable asset – its intellectual property (IP). While registering your IP is important, it’s not enough to protect against potential legal risks. That’s where IP insurance comes in. It helps protect your company against infringement litigation lawsuits and […]

How to Protect Against IP Litigation without Breaking the Bank

Your business carries insurance for its products, worker comp, property and executive liability. But what about its most valuable asset-intellectual property? It isn’t covered under your general business liability policy.

For most businesses today, IP is critical – its the core asset for current and future revenues and shareholder value. Getting caught in an infringement litigation case can be a financial disaster. Especially if you’re a small business or startup.

Fortunately, there is a way to way to manage the costs of IP litigation without breaking the bank. It’s called Intellectual Property Insurance.

How to Get Outside Investors to Fund Your Patent Litigation Expenses

A small stationary products manufacturer used it to successfully defend its self against a large competitors claims. A small computer game company used it to defend an infringement suit by a major entertainment studio. And a small company used it to sue some of the largest US telecommunications companies for […]

Is Your Patent Costing You Hundreds of Thousands of Dollars?

Not taking action with your patent will cost you over $250,000. And that’s not counting the cost of lost revenue opportunities or litigating any infringement. It’s estimated that the average cost over the course of the 20-year life span of a single patent is about $100,000.00 – or roughly $5,000 per year in maintenance fees. And that doesn’t begin to cover the initial investment, which on average is about $150,000.00 to develop a single patentable invention. That’s due in part because the U.S. patent office currently rejects about 65% of all patent applications.