I read a tweet today from an attendee at a venture capital conference that said, “Opportunity is all around you, so take risks.” I 100% agree with that quote, but I would add this caveat to the end, “but eliminate risks that you can, prevent the preventable from occurring.” Insurance should be used to eliminate … Continue reading Preventing the Preventable – Eliminating Risks Without Impeding Your Upside
Addition by Subtraction – How a Risk Management Program Can be Designed to Address a Company’s Most Vital Risks
When designing an insurance program should we think about adding coverage or eliminating risk? Most brokers think about adding coverage while clients think about how they can curtail risk. You might think these opposing approaches would get you to the same place in the end but that is not necessarily true. The problem I have … Continue reading Addition by Subtraction – How a Risk Management Program Can be Designed to Address a Company’s Most Vital Risks
How Do You Defend Your Patent?
You may have recently seen that Spineology lost a patent infringement case against Wright Medical. Spineology sued Wright Medical in 2015 for infringing on their patent and the case went back and forth on appeals, finally ending in July of 2018 with Spineology on the losing end. A high-level synopsis can be found here. I … Continue reading How Do You Defend Your Patent?