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

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

Professional Liability Insurance: What You Need to Know (by Industry!)

February 28, 2017By Disha PatelErrors & Omissions Insurance, Featured, Founder Shield, Insurance Pro Tips, Risk Management Tips, Venture Capital No Comments

So you’ve probably heard of professional liability insurance (aka errors and omissions Insurance). In brief, professional liability insurance protects the professional services industry from negligence claims that result in the financial loss of a third party (typically your clients) arising from an act, error, or omission committed in the course of the policyholder’s performance of services … 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

Business Insurance 101: HealthTech, Health Marketplaces, & Telemedicine

June 29, 2016By Disha PatelErrors & Omissions Insurance, Featured, Founder Shield, Insurance Pro Tips No Comments

So here’s what Medical Marketplaces, HealthTech and Telemedicine Companies need to know about Insurance. Healthcare is undergoing a tech revolution brought on by the new breed of venture-backed tech companies. You can now shop for your doctors with services like Zocdoc and Doctor.com which allow consumers to file through medical providers in their network based on written reviews and … 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