Stamford, Conn.-Senior executives in the insurance industry are becoming increasingly concerned about their exposure to patent trolls. This concern is highlighted by the recent $600-million dollar settlement (in the field of telecommunications) that Research in Motion, makers of BlackBerry mobile email devices, had to pay to patent holding company NTP, to avoid having the courts shut down the Blackberry email system.LOMA will focus on this topic by hosting a presentation entitled Patent Trolls in the Insurance Industry at the upcoming LOMA Financial Inforum 2006 to be held in Las Vegas May 21-24, 2006.
In the session, presenter Mark Nowotarski, president of Stamford, Conn.-based Markets, Patents & Alliances LLC, an intellectual property consulting firm specializing in business method patents, will aim to provide CEOs and presidents, CFOs, treasurers, controllers and investment officers, as well as senior officers an understanding what can and cannot be patented in the insurance field, the true nature of the patent troll threat they are facing and the proactive steps they can take to preserve their freedom to operate. Nowotarski will also focus on how others in the industry are turning patent trolls into patent assets through preemptive acquisition of patent rights.
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