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Intellectual Property Risk Management: IP Valuation and Protection

Patents, copyrights, trademarks and other forms of intellectual property (IP) are among the most significant drivers of competitive advantage for many companies today. These intangible assets are highly vulnerable to misappropriation and theft, requiring companies to implement various safeguards to protect them. Legal protections such as registered copyrights and design and utility patents are essential, but companies should take other precautions so that enforcement actions are less likely to be necessary. An important, but often overlooked, risk management step is assigning monetary value to IP. Valuing IP provides useful information for prioritizing risk management activities and for allocating risk management resources. The valuation process also can help to identify IP vulnerabilities and may suggest ways to help keep IP secure.

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About OneBeacon Professional Insurance:

OneBeacon Professional Insurance is a member of OneBeacon Insurance Group, and focuses on providing an entirely better professional insurance experience. OBPI specializes in professional liability solutions for targeted industries including:

  1. Hospitals
  2. Managed Care Organizations
  3. Long-term Care Facilities
  4. Medical Facilities
  5. Physician Groups
  6. Media
  7. Lawyers
  8. Real Estate Professionals
  9. Design Professionals
  10. Technology

Additionally, OneBeacon Professional Insurance provides employment practices liability insurance, management liability and tailored products for complex organizations including health care provider excess insurance and HMO reinsurance.