Foley’s Insurance & Reinsurance Industry Team attorneys deliver comprehensive counsel on everything from IP management and patent and trademark prosecution to enforcement and litigation, with a holistic approach to address your IP and business needs.
With more than 200 intellectual property (IP) attorneys, we have one of the largest IP practices within a general practice law firm in the United States, and have integrated IP law into our multidisciplinary Insurance & Reinsurance Industry Team. As a result, we understand the IP issues that affect you as you do business in the insurance and reinsurance industries.
We will help manage the risks you face in connection with third-party IP rights. We also help you pursue IP protection for your own innovations. With a large number of our attorneys admitted to practice before the USPTO, we provide the broad strength and depth of representation needed in managing your IP assets. Our service strengths include: patents; business method patents; trademarks and copyrights; licensing; transfer agreements; trade secrets; strategic counseling and portfolio development; and mergers and acquisitions IP due diligence.
Additionally, we help your managers make the best IP decisions to meet both your short- and long-term goals. We use our industry knowledge, training, and commercial experience to save you time and money, while ensuring that your new developments receive the proper legal protection.
Insurance-Related Business Method Patents
We have extensive experience with business method patents for the insurance industry, including patents underwriting coverage and assessing risk, bundling features into insurance products, interacting with customers/agents on Web sites, predicting claims/losses, processing insurance claims, detecting and preventing insurance fraud, adjudicating insurance claims, managing annuities and other investments, and selling insurance.
When it comes to your business method patents, we can assist with: identifying valuable and potentially patentable business methods; preparing and prosecution of business method patents; conducting validity and infringement analyses of business method patents; representing insurers and reinsurers in litigation involving business method patents; conducting valuations of business methods and business method patents; and providing support to the Insurance & Reinsurance Industry Team’s M&A attorneys in connection with insurance and reinsurance transactions, including analyses of licenses and due diligence issues.