Inventors:
James E. Malackowski - Chicago IL, US
Robert Block - Chicago IL, US
Andrew W. Carter - Chicago IL, US
Adam Clifford - Chicago IL, US
Richard Conroy - Chicago IL, US
Michael O. Hill - Chicago IL, US
Michael Lasinski - Ann Arbor MI, US
Assignee:
Ocean Tomo LLC - Chicago IL
International Classification:
G06Q 50/18, G06Q 40/08
Abstract:
Presented herein are methods and systems for managing an entity's risks of patent coverage. More specifically, the present invention is directed to methods and system for insuring an entity against damage awards in patent litigation. The presented methods and systems allow a manufacturer to minimize their exposure to damage awards in patent litigation by conducting pre-emptive analyses and properly allocating funds for royalty payments and/or damage awards. An insurance captive is also established as a risk management tool to insure the manufacturer against excessive damage awards.