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

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

May 18, 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 and Officers Insurance protects them while doing their job. Directors and Officers (D&O) insurance policies protect a company’s individual directors and officers from claims based on their decisions made while acting in … Read More

Key fintech insurance polices you need to know about

March 9, 2017By Alex UshyarovDirectors & Officers, Errors & Omissions Insurance, Intellectual Property No Comments

Rest easy…your fintech insurance answers live here It is not a secret that the fintech industry has experienced significant growth over the course of the last 5 years. $9.4 billion dollars was invested in fintech companies in Q2 of 2016 alone. Whether it is the sheer size of investments, growth in revenues, or other KPI’s, … 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

The Importance of Tail Insurance Coverage for Startups

December 10, 2015By Carl NiedbalaDirectors & Officers, Errors & Omissions Insurance, Featured, Risk Management Tips No Comments

A tail insurance policy is one of the most important risk mitigation tools for a startup approaching an exit. The mission for every founder is pretty much the same: get some traction, get funded, scale rapidly, and hit an exit opportunity.  While the occasional unicorn might be fortunate enough to IPO, most startups go the … Read More

The Top 2 Dangers of Portfolio Company Lawsuits

November 20, 2015By Matt McKennaDirectors & Officers, Errors & Omissions Insurance, Venture Capital No Comments

In our previous piece on Venture Capital Insurance, lawsuits from your employees and Employment Practices Liability Insurance (EPLI) took the spotlight.  This article focuses on the risks posed by portfolio companies.  For more info on how to protect your VC, take a look at our intro post, as well as our summaries of SEC investigations and lawsuits from … Read More