Date: Wednesday, June 13, 2012
Time: 10:00am – 11:15am PT
Featuring: Chuck Baxter & Karrie Lewis
Increasingly, companies are beginning to realize the tremendous value of intangible assets, not the least of which is intellectual property (IP). Every business that has acquired patents, trademarks, or copyrights for the products they sell; or, any company that makes, uses, sells and/or offers for sale products and services has some degree of IP exposure. Thus, IP insurance is a critical part of an effective risk management plan.
Perhaps the biggest financial threat to a company is becoming involved in a costly patent infringement lawsuit, either offensively or defensively. Either way, when the amount in controversy is between $1 million and $25 million, a company can count on spending, on average, $2.8 million dollars in litigation expenses alone just to get through trial. And damages in these cases can average close to $9 million. Find out why IP insurance should be should be an important consideration for companies concerned about their IP exposure. Explore the various types of IP insurance products that are available for companies to consider.
Join Karrie Lewis and Chuck Baxter of Intellectual Property Insurance Services Corporation to find out the important questions that are critical to construct and assess an effective IP risk management plan.