Let's talk about IP, baby!
These are real and they're glorious
Contractually Speaking
Strategery
How did we get here?!
100
This section of the Communications Decency Act of 1996 provides immunity from liability for providers and users of an "interactive computer service" who publish information provided by others.
What is Section 230.
100
This is defined as a private company valued by investors over $1B.
What is a unicorn?
100
A contract which is not negotiated and a user must accept in order to use a service.
What is a click-wrap agreement?
100
The names of the six market segments the form the basis of the technology reboot strategy.
What is Nano, Micro, Small, Mini-Middle Market, Middle Market, and Large Excess?
100
Hiscox began writing Technology insurance out of London markets in this year.
What is 1999?
200
This area of IP law protects 'source idenitfiers'
What is trademark law
200
The number of unicorn technology companies that Hiscox currently insures.
What is ten?
200
This legal theory states that you are not able to recover economic losses under tort law.
What is the Economic Loss Doctrine?
200
Name two of the three 2016 strategic initiatives.
What is Get Micro Right, Underwriters not processors, or Deploy Field to Middle Market?
200
This was the original name of the Technology group at Hiscox.
What is Aerospace, Technology, Media & Telecom or ATMT?
300
$30,000 per work, $150,000 per work
What are the statutory damages for copyright infringement?
300
This currently insured unicorn is a social media website for neighborhoods where Dan's wife works.
What is Nextdoor?
300
The most common carvebacks to the limitation of liability provision include these two items.
What is Intellectual Property and Data Breaches?
300
The number of non-decline industry classes that do not fit the SUP process?
What is six?
300
$90M
What is the GWP at the peak of the Technology book?
400
This area of IP law protects information that is (1) not generally known to the public, and (2) subject to reasonable efforts to maintain confidentitality
What is trade secret?
400
This currently insured Unicorn allows for electronic signatures of legal documents.
What is Docusign?
400
The level to which limitations of liability should be set in contracts in order to maximize enforceability.
What is actual fees paid under the contract?
400
This is the percentage of Nano quotes produced by the HUC team in January?
What is 76%?
400
Four policy limit claims in 16 months led to this amount of losses.
What is $75M?
500
2 of the 4 requirements needed to assert the Safe Harbor provision of the DMCA
What is (1) must have takedown procedures in place, (2) cannot receive direct financial benefit, (3) cannot have actual knowledge of infringement, (4) Must act 'expediously' in response to takedown notices
500
This company is the highest valued unicorn in our list of policyholders with a valuation of $20.5 Billion, and specializes in data analytics software.
What is Palantir Technologies?
500
This clause in B2C contracts allows companies to avoid class action claims.
What is the arbitration provision?
500
Name three of the four 2016 deliverables?
What is $23.25M GWP, $8.4M NB, 10% increase avg premium, or turn the needle on retail?
500
Name two out of three of the big myths about the History of Technology?
What is 1)we almost went out of business, 2) underwriters got fired for writing big claims, and 3) we non-renewed all of our large tech accounts.