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

2015 Employment Lawsuits: Where are Startups at Risk?

December 17, 2015By Carl NiedbalaEmployment Practices Liability No Comments

2015 employment practices lawsuit data is in: which states are at the highest risk? Every company encounters a hiring situation in which things don’t play out quite as planned.  A candidate is overly demanding or misaligned with the hiring team, an employee didn’t perform as expected or wasn’t a cultural fit…the list can go on forever.  Unfortunately, … 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

Employee Lawsuits: The Top 3 Risks Faced by VC’s

August 27, 2015By Matt McKennaEmployment Practices Liability, Featured, Venture Capital No Comments

This is the fourth installment of Founder Shield’s VC-Focused series. Last week, we reviewed some examples of lawsuits from your investors and how you can protect yourself. Be sure to also check out our introductory post as well as our discussion of the impact of regulatory investigations and the insurance policies that will help you stay afloat when the SEC … Read More

Venture Capital Insurance and the SEC

August 12, 2015By Matt McKennaDirectors & Officers, Employment Practices Liability, Errors & Omissions Insurance, Venture Capital No Comments

  In our first post on venture capital insurance, we took a high level view of four scenarios where this management liability, professional liability, and employment practices liability insurance policy could protect you, your firm, and your investors. We also spoke about the potential costs of having — as well as not having — this … Read More

4 Key Things to Look for On Your Business Insurance Quotes

February 5, 2015By Carl NiedbalaCyber Liability, Directors & Officers, Employment Practices Liability, Errors & Omissions Insurance, General Liability, Insurance Pro Tips, Risk Management Tips No Comments

  It would be extremely surprising if you didn’t have some questions when looking at your first business insurance quotes.  They’re extremely detailed and certainly not the easiest document to digest.  Here’s a quick overview of the major items you should be looking at on your quote. [Note: this article is mainly pertaining to errors … Read More

5 Important Tools for Hiring Employees for Your Startup

November 18, 2014By Carl NiedbalaEmployment Practices Liability, Featured, Risk Management Tips No Comments

Hiring Employees for Your Startup – 5 major considerations Ramping up hiring to scale the business is an exciting time for a startup.  It’s not uncommon to double or triple the workforce year after year once this process starts, particularly for venture-backed companies.  In order to avoid a “runaway train” effect when hiring employees your … 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