Almost every client we work with stores or uses some sort of Personal Identifiable Information (“PII”). This probably reflects our apparent desire to have seamless/uber equivalents for literally every possible purchase of goods and services. In any case, there’s a lot of personal data floating around the interwebs these days. That should make security … Read More
What is it? At a very high level, business interruption insurance (“BII”) protects the insured when business operations are interrupted (no, really?!). Typically this coverage is paired with others, including General Liability and Cyber Liability.
With Thanksgiving upon us, it seems appropriate to do a post about some of the startups out there that are giving people more to be thankful for. So here’s a small cross section of those companies:
Venturebeat originally posted about this earlier this week and we thought it was an important one to be aware of. Unbeknownst to most, a new trade agreement between the Trans Pacific Parternship (the “TPP”) has been in development for almost a year now. The TPP consists of the United States, Mexico and a handful … Read More
We usually talk about key man insurance with our clients in the wake of a freshly closed round of institutional funding. Investors typically make their portfolio companies get key man insurance to protect their own cash. They realize that at most startups, the team is the company. It takes a truly phenomenal team to guide … Read More
One of the major products we provide for our clients is Directors and Officers Insurance. Admittedly 90% of our D&O clients sought us out because their investors required them to get coverage. Don’t be mistaken, though…startups need D&O insurance regardless of the investor situation.
So apparently everyone’s is getting hacked right now. If stories keep popping up this often, maybe its time to just start doing a weekly data breach post. Also, this much activity is totally justifying why we harp on the importance of Cyber Liability coverage. Just sayin’. Anyway, here’s what happened in the last week … Read More
Admittedly this probably can’t be considered a “current” event, but we stumbled across this article somewhere on the interwebs and it’s an important story to tell (particularly on an insurance blog). Big lessons can be learned by this one. Here’s the gist:
Background As we mentioned in a previous post, many of the startups we work with at Founder Shield are a new breed of B2C services. These companies leverage the latest technology to perform traditional services more efficiently and create a much better user experience than ever before.
Welcome to the newly redesigned Foundershield.com!