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ARTICLE · 14 JUNE 2024

Insuring Innovation In An Evolving Tech Landscape

Wolf, Greenfield & Sacks, P.C.
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In today's ever-evolving technological landscape, Intellectual property (IP) is the cornerstone of competitiveness and innovation.

United StatesIntellectual Property
Jason Balich
Jason Balich
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Insuring Innovation in an Evolving Tech Landscape

In today's ever-evolving technological landscape, Intellectual property (IP) is the cornerstone of competitiveness and innovation. But many companies are ill-prepared for an employee to leave and deliver the company's valuable IP to a competitor. Sure, there may have been a nondisclosure agreement (NDA) in place with the employee, but many companies do not have the capital to enforce those NDAs. Moreover, as innovation drives progress, with it comes the risk of patent infringement allegations. Legal battles can be costly and timeconsuming. Fortunately, insurance exists to mitigate all of these risks and provide a safety net.

General Liability Insurance Is Not Enough

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