BACKGROUND

Businesses often acquire insurance for a variety of protection purposes, such as claims of personal injury or employment-related issues. One exposure many businesses face is the burdensome costs that may accrue in the defense against, and resolution of, allegations of intellectual property (IP) infringement. However, unlike some other risks and forms of insurance protection, it may be difficult to assess the business's exposure to IP infringement allegations and/or the policy terms associated with an appropriate IP liability protection policy. Described herein are improvements in technology and solutions to technical problems that can be used to, among other things, formulate the terms and conditions of insurance policies geared towards intellectual property liabilities.

