FS ALERT: Equifax data breach

September 8, 2017By Matt McKennaCyber Liability, FS ALERT No Comments

Equifax data breach On Thursday, September 7th, consumer credit reporting agency Equifax announced they had been the target of a data breach. According to the agency, the records of 143 million Americans have been compromised by an attack which was discovered on July 29th. Stolen data include names, birthdays, addresses, social security numbers and (in … Read More

#Whatis: cyber insurance, crime insurance, & social engineering insurance

July 13, 2017By Rachel JenkinsCrime Insurance, Cyber Liability, Featured No Comments

Most people have heard of cyber insurance. News of cyber breaches grace the headlines almost weekly these days. But are you really covered for all types of thefts committed using the latest technology? The answer is probably not, especially if you aren’t purchasing crime insurance. Let’s take a look at what you’re covered for under … Read More

Excess Insurance, Umbrella Policies and Why Your Business Needs Them

February 9, 2017By Isaac BockCyber Liability, Directors & Officers, Errors & Omissions Insurance, General Liability No Comments

Getting basic business insurance is obvious.  Getting umbrella or excess insurance is not. So you’ve done the right thing by getting your company an insurance policy. You feel comfortable with the plan you purchased; limits, pricing and terms are all on point and you think everything is squared away, but for some reason, you have a … Read More

The Top 5 Business Insurance Requirements from Landlords, Clients, and Investors

January 19, 2017By Brendan O'ConnorCyber Liability, Errors & Omissions Insurance, General Liability, Insurance Pro Tips, Property Insurance No Comments

Dealing with Business Insurance Requirements from Landlords, Clients, and Investors We see all kinds of business insurance requirements (and coverage change requests) from our clients’ landlords, clients, investors, business partners, and more.  These requests are processed by creating an “endorsement” on the policy that puts the change into effect.  From a location change to adding a … Read More

Business Insurance Package Policies & How They Benefit Startups

December 21, 2016By Brendan O'ConnorCyber Liability, Directors & Officers, Employment Practices Liability, Errors & Omissions Insurance, General Liability, Property Insurance, Risk Management Tips No Comments

Choosing commercial insurance can be daunting.  You want your company to be properly protected, but you don’t want to break the bank. Luckily, that’s why business insurance package policies exist! Insurance carriers often pair multiple coverage types together, keeping the cost lower than purchasing them separately, but still giving your company the protection that it … Read More

Insurance for Bitcoin Companies

November 21, 2016By Carl NiedbalaCyber Liability, Errors & Omissions Insurance, General Liability No Comments

The Space Bitcoin use has been exploding lately, with recent (September 2013) numbers suggesting that over 66,000 bitcoin transactions occur each day!  More and more e-commerce platforms and vendors accept Bitcoin as payment each day to the point where the market cap is currently $1.6B and only expected to grow. Needless to say, the bitcoin … Read More

Why High-Growth Businesses Need Social Engineering Insurance

October 13, 2016By Carl NiedbalaCyber Liability, Featured No Comments

  Social engineering insurance – a primer When we mention “cyber insurance” to most clients, they tend to immediately picture situations like the target or yahoo data breaches.  They picture some mystery mastermind on the dark web scheming up an elaborate plan to crack firewalls and compromise networks. While that clearly happens more than we’d all like, it’s not the … Read More

Pokemon Go, Harry Potter, & Augmented Reality Insurance Risks

August 2, 2016By Disha PatelCyber Liability, Featured, Founder Shield, General Liability, Insurance Pro Tips, News, Property Insurance, Risk Management Tips No Comments

  Are you one of the 30 million worldwide users who has downloaded Pokemon Go in the last few weeks? It’s likely, since the app has been downloaded more times in its short existence than Tinder has over the past four years. Regardless of whether you run around chasing Pokemon in your day-to-day, chances are … Read More

Startup Risk Tips: Optimizing your Insurance Policies

October 27, 2015By Carl NiedbalaCyber Liability, Directors & Officers, Employment Practices Liability, Errors & Omissions Insurance, Featured, Insurance Pro Tips, Venture Capital No Comments

  Insurance should be seen as more of an investment than a cost, but given the busy and chaotic lives of Founders, it sometimes becomes a check-the-box activity.  When utilized properly, companies can get value from their policies well beyond that generated by a “set it and forget it” approach.  Here are a few tips to optimize your insurance … Read More