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Data may be the lifeblood of the insurance industry, but it's equally important for an insurer to use specialized experts to interpret and analyze that data and put it into context. (Photo: iStock)

Brokers and their prospects are getting the drift: Patent risk can be a very real and devastating threat for all types of companies, and patent litigation insurance is a critical failsafe. It is, in fact, as important as any other business insurance — and well worth adding to a P&C product portfolio.

But what should the savvy broker and client look for in a patent insurance product? What sets a top-tier product apart from its competition?

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