This is the third installment in Founder Shield’s VC-Focused series and explains venture capital insurance claims VCs might face from their investors. If you’d like to learn more about the basics of what these insurance policies do and don’t cover, check out our intro post as well as our post about regulatory investigations.
This is the first of a series of articles we will be posting about the world of venture capital insurance.
The on-demand economy is ever-growing and we work with new startups in the space on a daily basis. We’ve previously discussed the risk profile of on-demand services companies and how insurance can help, but here’s what you need to know about actually getting business insurance for on-demand startups. 1. Technology is the tip … Read More
Business insurance renewals are usually uncharted territory a young startup. Typically venture-backed startups experience significantly more change/growth year over year compared to your standard new business venture. It’s important to understand how this effects your insurance coverage and how to ensure you’re properly protected. Here’s the “checklist” of items to be aware of as your policies renew. 1. … Read More
Sometimes things don’t go quite as planned and your company ends up a bit more cash strapped than anticipated at year end. The typical gut reaction is to pull the rip chord and cut any and all “extraneous” expenses. Insurance is considered by some to be one of those expenses. Here’s why you shouldn’t be quick … Read More
Founder Shield 101: Insurance for Fintech Companies. From financial products to payments to investing, fintech is a red hot. The market is forecasted to grow to $6-8 billion by 2018 and Q1 2014 alone saw 1.7 billion invested across 167 deals. Risks As with any disruptive industry, there are several inherent risks that fintech … Read More
Founder Shield was created because finding insurance for your startup really shouldn’t be hard. However, there weren’t insurance brokerages that really focused on the tech community…until we came along! Interplay was founded on the same principle: finding essential startup business services shouldn’t be hard. The companies in the Interplay family were specifically created to serve … Read More
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
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 — 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