Page 37 - Insurance Times December 2015 SAMPLE
P. 37
UNDERWRITING
LIABILITY
INSURANCE -
PROCESS,
PRINCIPLES AND
PERSPECTIVES
A Case Study on Emerging Liability Risk developed the technology which was patented on their
behalf by the university.
"A federal court in the US has asked Apple Inc to pay $234
million to University of Wisconsin for infringing a patent on "Almost two decades ago we tried to anticipate how
microprocessor technology developed by the varsity's computers would need to operate today. Our team
researchers, including two Indian-Americans. invested the equivalent of more than 11 years of work to
solve this problem," Sohi said. Apple, however, said that it
The jury found that Apple infringed a Wisconsin Alumni planned to appeal the ruling to the US Court of Appeals for
Research Foundation-owned (Warf) patent claiming an the Federal Circuit, which handles intellectual property
invention that significantly improves the efficiency and cases.
speed of computer processing. At the end of the two-week-
long trial, after the jury concluded Apple's A7, A8 and A8X Warf filed the patent infringement suit against the tech-
system on chip designs infringed the asserted claims of the giant Apple in 2014 in federal court in the Western District
752 patent, it awarded Warf damages of $234 million. of Wisconsin. In its lawsuit Warf alleged that Apple had used
the technology to speed computer processing by allowing
"We believed our technology was ahead of its time," said the efficient out-of-order execution of computer
professor Gurindar Sohi, University of Wisconsin researcher, instructions with a data speculation circuit that Warf itself
who along with three of his then graduate students - had patented several years earlier.
Andreas Moshovos, Scott Breach, Terani Vijaykumar had
The US Patent and Trademark Office issued the patent to
CA. R C Guria Warf in 1998 on behalf of UW-Madison Computer Science
professor Sohi and three graduate students Moshovos,
CA, FIII, M.COM. Breach, Vijaykumar.
WBA&AS (Ex) EX-CRM
New India Assurance Co. Ltd. "This is a case where the hard work of our university
The Insurance Times, December 2015 33
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