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Patent Insurance: What your clients need to know

20Jun

Patent insurance is now an affordable risk mitigation solution but clients are unlikely to be aware it even exists. If an attorney knows their client is concerned about being infringed or being sued for infringing a third party’s rights, then this presentation will provide an understanding of how the policies can benefit them. Specifically, the type of exposures they cover, what is needed to get them on cover, the likely cost, how claims are made and the role patent attorneys can play in the process.

Audience

Speakers

David Bloom, Safeguard IP

David Bloom, Safeguard IP

David Bloom was a solicitor for 15 years, helping companies capture, exploit and protect their IP. With a special interest in patent and trade mark disputes he has first-hand experience of how investment in IP can be undermined by copycats and predatory competitors. David left the legal profession in 2015 to establish Safeguard iP, the UKs only dedicated IP Insurance Broker and his clients include innovative business of all sizes looking to protect their investment in IP.

David writes and speaks regularly on the benefits of IP insurance, especially for the SME market and works closely with CIPA, CITMA and the UKIPO to raise awareness of the availability of IP Insurance.

 

Simon Chalkey, Icen Risk Limited

Simon Chalkey, Icen Risk Limited

Simon is a consultant to Icen, working with the underwriting team on IP transaction risks. Separately, he is a lawyer with more than 30 years’ experience in private practice at leading law firms advising on IP law and commercial IP transactions (particularly IP licensing and technology transfer deals) and works with clients to help them develop their IP strategies. He has experience advising across many different business sectors as diverse as fashion and luxury, interactive entertainment, software, consumer goods, construction and engineering to name a few. He is listed in the highly-respected IAM (Intellectual Asset Management) Strategy 300 Guide – The World’s leading IP strategists 2023, as well as in other leading legal peer review guides for his expertise in IP transactional legal work.

Lewis Parle, Icen Risk Limited

Lewis Parle, Icen Risk Limited

Lewis is a qualified solicitor and leads Icen’s transactional IP practice which insures buyers and sellers in M&A transactions involving IP rich businesses, distressed IP sales, IP asset sales and identified/contingent IP risks of all types. With 10 years in the insurance sector, he has created a number of market first IP liability and transactional IP liability insurance products, particularly for businesses developing/selling cutting edge technology, interactive entertainment and fashion. He has provided risk transfer solutions for complex IP problems for some of the world’s best known companies to help unlock negotiations and enable deals to happen.

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