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

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

How Insurance Companies Measure Payroll (and Bill You For It)

September 21, 2016By Carl NiedbalaInsurance Pro Tips, Worker's Compensation No Comments

Payroll is payroll, right? If you’re a growing business operating in the 21st century, you’ve most likely read about or experienced the importance of separating salaried employees from 1099 workers (Independent Contractors).  If you’re less well-read on the subject, bottom line is this: at the end of the year, your workers compensation insurance carrier will “audit” … Read More

Pokemon Go, Harry Potter, & Augmented Reality Insurance Risks

August 2, 2016By Disha PatelCyber Liability, Featured, Founder Shield, General Liability, Insurance Pro Tips, News, Property Insurance, Risk Management Tips No Comments

  Are you one of the 30 million worldwide users who has downloaded Pokemon Go in the last few weeks? It’s likely, since the app has been downloaded more times in its short existence than Tinder has over the past four years. Regardless of whether you run around chasing Pokemon in your day-to-day, chances are … Read More

Product Liability, Contamination and Product Recall Insurance

July 27, 2016By Disha PatelFeatured, Founder Shield, General Liability, Insurance Pro Tips, News, Product Liability, Risk Management Tips No Comments

  Lately it seems like everything from children’s toys to food products are being recalled. Product recall is defined as “insurance coverage for the cost of getting a defective product back under the control of the manufacturer or merchandiser that would be responsible for possible bodily injury (BI) or property damage (PD) from its continued … Read More

FS101: Minimum On-Demand Delivery Insurance Requirements

July 13, 2016By Carl NiedbalaFeatured, Founder Shield, Insurance Pro Tips, Risk Management Tips No Comments

Basic risk management tips for on-demand delivery companies We work with no shortage of on-demand companies operating in the ride share, car share, or delivery space.  Think companies like Uber, Postmates, Seamless, and countless others. These startups have a very acute pain point when it comes to getting auto insurance because they need a very specific brand of auto … 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

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

Getting Business Insurance for On-Demand Startups

June 25, 2015By Carl NiedbalaCyber Liability, Errors & Omissions Insurance, Featured, General Liability, Insurance Pro Tips No Comments

  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