COVID-19 is shaking up the economy — but how does this impact IP insurance risks? Here’s a closer look for small and mid-market business owners.
Who doesn’t love video games? Okay, they might not be everybody’s thing but it’s also hard not to be impressed by how powerful the technology is inside gaming systems your little cousin uses after school. Well, according to one 2013 suit, Nintendo stole one of the pieces of this technology from somebody else. But the party
Too many companies ignore one of the most common legal risks out there: intellectual property (IP) infringement. In past posts, we’ve talked about the high frequency of IP litigation as well as the dangers posed by patent trolls. But let’s keep it simple — what do you need to know? There are a few important
Rest easy…your fintech insurance answers live here It is not a secret that the fintech industry has experienced significant growth over the course of the last 5 years. $9.4 billion dollars was invested in fintech companies in Q2 of 2016 alone. Whether it is the sheer size of investments, growth in revenues, or other KPI’s,
So what exactly is the value of an idea? These days it can make or break your business. There has been a 71% increase in patent lawsuits over the last 6 years. There was a mind-blowing number – 2,754 to be exact – of patent infringement lawsuits filed in 2015; for which the
Intellectual property insurance: the basics Intellectual property insurance can be a huge asset to highly innovative companies. These are the need-to-know basics of IP insurance coverage. Why you need it: You build things, write code, or otherwise create a product that could be infringing on an existing patent It’s realistic that an infringement lawsuit could
Intellectual Property Lawsuits: Meet Startups Tech companies exist to change the way the world works, but innovation doesn’t happen in a vacuum. In order to create, you need tools, plans, and materials. In order to disrupt, there needs to be some flaw or gap present in an existing creation. It requires that, to some extent, you use the
We’re all about teaming up with great startups on a mission to help the startup community excel. Priori Legal is one of those awesome companies. This guest post from proiri is important from an insurance perspective because many underwriters will ask for the legal work described below when quoting your insurance policy. Without these documents, insurance can be more