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

Startup Risk Tips: Don’t Let Your Business Insurance Lapse

February 25, 2015By Carl NiedbalaFeatured, Insurance Pro Tips, Risk Management Tips No Comments

  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

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

Startup Risk Tips: Admitted / Non-Admitted Insurance Policies

November 21, 2014By Carl NiedbalaInsurance Pro Tips, Risk Management Tips No Comments

  Q: What’s the deal with “admitted” insurance carriers vs “non-admitted” insurance carriers? Insurance quotes are a pain to read.  If you’re not in the industry, most of the terms might seem like complete jibberish.  One term that comes up is the whether the policy is with an Admitted or Non-Admitted insurance carrier.  Here’s the … Read More