3 Risks an On-Demand Services Company Needs to Consider

December 5, 2014By Carl NiedbalaCyber Liability, Errors & Omissions Insurance, General Liability, Risk Management Tips No Comments

Food for thought: on-demand services company risk profile The on-demand services company (think Uber, Makespace, Fly Cleaners…) is taking over the B2C services industry and blowing traditional business models out of the water.   These companies help consumers get anything done at the push of a button.   However, this blend of technology and provision of traditional business services … Read More

2 Sneaky Ways Business Insurance Adds Value for Startups

December 2, 2014By Carl NiedbalaCyber Liability, Directors & Officers, Errors & Omissions Insurance, General Liability, Key Man No Comments

Subtle Value-adds: Business Insurance It’s easy to think insurance is surplus when the company is just getting off the ground.  In the grand scheme of to-dos, insurance should probably fall by the wayside to goals like acquiring users, making money, building a minimum viable product, or finding investors. Most founders think of buying insurance as … Read More

Updated 2014 Data Breach Notification Costs by State

November 10, 2014By Carl NiedbalaCyber Liability No Comments

Data Breach Notification Costs Cyber liability costs are soaring these days for all kinds of businesses (startups included).  Most people think of these “costs” as those related directly to the data breach: legal defense fees, settlements with users and 3rd party vendors, and forensic costs. Loss attributed to data breach notification costs can go under the radar. … Read More

The “Dos” &”Don’ts” of Buying Startup Company Insurance

September 25, 2014By Carl NiedbalaCyber Liability, Directors & Officers, Employment Practices Liability, Errors & Omissions Insurance, Featured, General Liability, Worker's Compensation No Comments

Buying startup company insurance can be a daunting task.  The insurance market is fragmented and there are no shortage of products out there.  The industry is not exactly the tech savvy either and many brokers still employ items as archaic as fax machines in their practices.  Just finding where to start can be a hassle! … Read More

Insurance for Internet of Things Companies

September 5, 2014By Carl NiedbalaCyber Liability, Directors & Officers, Errors & Omissions Insurance, Featured, General Liability No Comments

Insurance for Internet of Things Companies — what you need to know The Internet of Things space is exploding right now and shows no signs of slowing down.  In fact, some sources estimate that there will be 200 billion connected devices on the planet by 2020.  The current global market size is estimated at $4.9 … Read More