The need-to-know of startup D&O insurance

December 19, 2017By Isaac BockDirectors & Officers No Comments

What is startup D&O insurance and why do I need it? Directors and officers make tough decisions every day. That’s why directors & officers insurance (D&O) protects them while doing their job. D&O insurance policies protect a company’s individual directors and officers from claims based on their decisions made while acting in his or her … Read More

Startup Risk Tips: Optimizing your Insurance Policies

October 27, 2017By 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

Pivoting? You should probably call your insurance broker

September 13, 2017By Benjamin ZeitzCase Studies, Directors & Officers, Errors & Omissions Insurance, General Liability No Comments

It’s been a tough year for retail. Just ask J.C. Penny, Macy’s or Target. As e-commerce continues to overtake retail (thanks Amazon), traditional retailers need to employ different strategies to satisfy customers. In other words, it’s time to start pivoting. Startups are all too familiar with pivoting, and many startups do so at least once. Sounds … 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

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

Lumosity’s $2M Fine & the Risk of “Fake It ‘Til You Make It”

January 7, 2016By Carl NiedbalaDirectors & Officers, General Liability No Comments

How Lumosity got in trouble Lumosity, the San Francisco-based company offering brain-training tools, came under fire from the FTC this week for the deceptive advertising allegations.  Director of the FTC’s Bureau of Consumer Protection Jessica Rich said the following: “Lumosity preyed on consumers’ fears about age-related cognitive decline, suggesting their games could stave off memory … Read More