CGL is usually triggered first in the event of a loss, so many business owners don’t feel an additional endorsement or standalone policy is necessary. This document explains how a CGL is a good start to protect intangible assets but may not be sufficient for all companies. The only way to protect the assets of […]
The value of technology to a business can be difficult to measure since traditional intangible asset valuation methods are more suited to value non-technological assets. With the rise in technology-dependent companies, a new method was needed to appropriately place a market value on the underlying technology unique to specific businesses. Thus, the Technology Factor Approach […]
Cyber liability policies start with a complex application process that can be overwhelming for even the most sophisticated organizations. Companies that go into this process without doing their due diligence can even see their application for coverage denied altogether. The following are common reasons cyber insurance applications are denied: Inadequate cybersecurity testing procedures and audits. […]
You’re not in the technology industry, so you don’t need cyber liability coverage, right? Consider the amount of sensitive or confidential information about your law firm and clients that you store electronically. How would you answer that question now? You may not think you need this kind of protection, but in an age where a […]
Intangible assets are increasingly important in today’s service-based economy, but being able to identify and value those assets in order to insure them can be difficult. What Are Intangible Assets? Intangible assets are, at their most basic level, assets that are not physical in nature. Intangible assets include legally protected intellectual property—patents, trademarks, copyrights and […]