System and method for managing intellectual property-based risks

A method for managing exposure to monetary liability, at least in part through a computer system, for patent infringement by a product or service, comprising the steps of:

• performing a patent search to identify on a user interface an infringement relevancy group, wherein the infringement relevancy group includes at least a first patent, the first patent having at least one claim covering the product or service;
• determining a first willing fair royalty for the first patent;
• displaying the first willing fair royalty on the user interface;
• offering the first willing fair royalty to a first owner of the first patent;
• and
• if the first owner does not accept the offer of the first willing fair royalty, receiving the first willing fair royalty as a premium for an insurance policy, the insurance policy indemnifies damages based on infringement by the product or service of at least the first patent.

A method for forming an intellectual property umbrella captive, at least in part through a computer system, comprising the steps of:

• performing a comprehensive review of at least one selected from the group of assets, protocols and processes related to one or more intellectual properties of an entity;
• identifying one or more risks associated with the one or more intellectual properties of the entity;
• creating a model premium based on a maximum likely tax on liquidity;
• projecting one or more loss adjustment expenses;
• verifying compliance with all insurance industry requirements;
• identifying one or more insurable risks of loss;
• determining optimal length of policy terms;
• structuring premium financing;
• formulating best practices for managing the one or more risks associated with the one or more intellectual properties of the entity;
• and
• managing the one or more risks associated with the one or more intellectual properties of the entity.