Crown JewelSM Insurance was formed to provide risk management and insurance advisory solutions focused on Intellectual Property (IP) assets, specifically trade secrets. Trade secrets have become the fastest growing and most critical intellectual property asset category that garners specific protections under the law, yet there has been little emphasis on protecting those assets in a meaningful way, either by the corporations that own those assets or by the insurance industry. Finding a way to identify, value, and mitigate trade secret misappropriation risk so that insurance can be offered has been an albatross in the market for years.
Crown JewelSM Insurance has created a ground-breaking policy wording and insurance line-slip that specifically offers agreed value, first party coverage for theft, disclosure, or misappropriation of trade secrets. The insurance policy is called Crown JewelSM and provides up to $50M of capacity backed by an A+ rating. In support of this insurance offering, we combined the experience of some of the foremost subject matter experts in this niche area including IP asset valuation, IT threat and security services, forensics, and legal enforcement to provide a full suite of trade secret risk management services to our clients and their brokers.
The entire offering, called Crown JewelSM Protector, includes both pre and post loss trade secret risk management services paid for as part of the insurance premium. These services are used as both critical tools for underwriting and improving an Insureds risk management maturity against misappropriation or theft. The underwriting process alone will make the vast majority of corporations much better prepared to protect and defend these extremely valuable assets.
Crown JewelSM Insurance Leadership
CEO & Founder
Mary Guzman founded Crown JewelSM Insurance (CJI) in January 2020. The company’s mission and vision is to provide a full suite of risk management services and insurance solutions specific to the imperative Intellectual Property (IP) risk of trade secrets. Ms. Guzman recognized the need for a laser focus in this niche because the insurance market was struggling to address this risk with meaningful risk transfer solutions, and corporate leadership within her F200 client base regularly sought advice regarding the implementation of a formal risk management process around their trade secret assets (TSAs). CJI to date has developed a first of its kind insurance solution, Crown JewelSM Insurance that covers the intrinsic value of TSAs and includes as a complement to the insurance the risk management and legal consulting services of brilliant minds in this space, through a consortium of partnerships.
Ms. Guzman serves a dual role, in that she is also a Lloyd’s Cover-holder. She left the retail insurance brokerage business after a successful career to join MSR Underwriters as Managing Director, Cyber, E&O, and Intellectual Property in June, 2019. She leads MSR’s efforts in product and service design, development of capacity, and marketing. MSR has released three unique products, supported by turnkey risk management services, that are not available elsewhere in the now crowded “cyber” insurance market, where Ms. Guzman was a pioneer going back to its beginning nearly twenty years ago.
Ms. Guzman came to MSR after 25+ years as an insurance broker/consultant, having spent the last ten years with McGriff Seibels, & Williams/BB&T, the sixth largest US broker. She and her team developed innovative products and created market capacity for a variety of industries, concentrating on customized risk and insurance solutions for the Fortune 2000 companies. Ms. Guzman was instrumental in helping McGriff grow its practice grow from the ground up to become one of the most respected teams in the country. She has been involved with the DHS and other government agencies as part of a public/private partnership focusing on security of US Critical Infrastructure.
Ms. Guzman is a frequent speaker and has written several publications related to information technology and security risk. As a subject matter expert, she has spoken at professional conferences over 100 times.
Ms. Guzman graduated with a BBA in Risk Management and Insurance from the University of Georgia and is an active member of the volunteer organization National Charity League.
R. Mark Halligan is a highly respected trial lawyer in the intellectual property bar. Mark is a Past-President of the Intellectual Property Law Association of Chicago (IPLAC) and he is the General Editor of the Intellectual Property Handbook published by the Illinois Institute for Continuing Legal Education (IICLE).
Chambers USA ranks Mr. Halligan as one of America’s Leading Lawyers for Business for his exceptional standing in intellectual property law; Managing Intellectual Property recognizes Mr. Halligan as an “IP Star.” Legal 500 has inducted Mr. Halligan in the Legal 500 Hall of Fame for trade secret litigation.
Martindale Hubbell has awarded R. Mark Halligan with a Judicial AV Preeminent Rating which is the highest possible rating in both legal ability and ethical standards.
Mark has served on the Adjunct Faculty of UIC John Marshall Law School teaching advanced trade secrets law for 26 years. Halligan is the lead author of The Defend Trade Secrets Act Handbook published by Wolters Kluwer. Mark is also co-author of Trade Secret Asset Management 2018: A Guide to Information Asset Management Including RICO and Blockchain.
Mark is recognized in the United States and worldwide as a thought leader in the emerging area of trade secret asset management including the invention of an automated trade secret asset management software platform called the Trade Secret Examiner® that earned Mr. Halligan an award for Innovator of the Year in 2018 by Corporate LiveWire.
In 2014, Mr. Halligan joined FisherBroyles, LLP, as a intellectual property lawyer and litigator.FisherBroyles, LLP is the first and largest distributed, full-service law firm partnership. FisherBroyles, LLP has grown to over 250 partners in 23 offices, all veterans of the largest and most sophisticated law firms, corporate law departments, and government agencies in the United States (and recently a new office in London). This bench strength provides Mr. Halligan with stellar resources to litigate or defend trade secret misappropriation cases in the United States with greater efficiencies and lower hourly rates.
FisherBroyles Partner R. Mark Halligan has been selected by his peers as the “Lawyer of the Year” for his work in Trade Secrets Law—Chicago in addition to recognition for his work in Litigation—Intellectual Property and Trade Secrets Law (27th Edition of Best Lawyers in America).
Although Mr. Halligan is known for his trade secrets expertise, he is also widely recognized by the bar as a preeminent trial lawyer in other intellectual property matters including patents, copyrights, trademarks and related antitrust and licensing issues
Alvarez & Marsal’
Philip Antoon is a Managing Director with Alvarez & Marsal Taxand in New York.
Since 1989, he has been assisting clients worldwide in the valuation of corporate entities and intangible assets, with in-depth focus providing these valuations for U.S. and international tax purposes, as well as U.S. financial reporting purposes.
Mr. Antoon assists middle market and large multinational companies with valuations of legal entities and assets as part of internal tax reorganizations and spin offs; related party IP transfers pursuant to IRC Section 367(d) and international transfers; transaction allocations for IRC Sections 338 and 1060; thin capitalization analyses; FIRPTA testing; interest expense apportionment; and NOL limitations and built-in gains.
Mr. Antoon has in-depth experience providing fair value analyses for ASC 350 and 805 purposes, valuing reporting units and a wide array of intangible assets including customer relationships and contracts, patented technology, trademarks and trade names, proprietary know how, in-process research and development, franchise agreements, communications licenses, oil and gas reserves, mining reserves, backlog, databases and non-compete agreement.
With extensive experience in intellectual property, Mr. Antoon assists organizations with monetizing IP, ranging from the sale or license of IP to third parties, to valuations of IP for insurance purposes.
Mr. Antoon also has in-depth experience in the valuation of common and preferred stock, options and debt, having performed these valuations for tax, financial reporting, fairness and solvency opinions, restructuring, mergers and acquisitions, financing and litigation support purposes across a variety of industries throughout Europe, Asia and North and Latin America.
Mr. Antoon earned a bachelor of science degree in finance from West Virginia University.
The TSO, Inc.
Richard F. Weyand received his BS and MS degrees in Physics from the University of Illinois in Urbana-Champaign. He has spent the last forty years in the computer industry, the last twenty of which he was a digital forensic analyst and testifying technical expert in trade secrets misappropriation cases. He is the co-author with R. Mark Halligan of “Trade Secret Asset Management 2018” and is a co-inventor of the Trade Secret Examiner software.
Christina focuses her practice on technology, IP and privacy law. She represents insurers on a broad range of issues and in claims brought against technology and media companies. She also counsels clients regarding data security and privacy breaches, including evaluation, the issuance of breach notification letters, regulatory investigations, and handling of consumer lawsuits. A major focus for Christina is on working with insurers on the development of new insurance programs and manuscripted coverages for evolving cyber security and data breach risks. She received her J.D. from the University of California, Hastings College of the Law and her Bachelor of Science from the University of California, Davis.
X Cyber Group Ltd (X Cyber®), solve commercial problems with state-grade intelligence expertise. With management having an aggregate 200+ years of cyber experience in the British Government, the team at X Cyber® have advised numerous Law Enforcement, Intelligence and Security Services across the globe on cyber strategies, including work in hostile environments.
We focus on producing intelligence-led, data-driven and evidence-based reporting which enables decision making across our clients’ varying needs. Our modus operandum is to be a strategic consultative partner, working to develop and deliver effective solutions to some of the most complex and challenging cyber problems faced in both the public and private sectors.