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

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

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

FS + 99Designs Starter Kit

February 10, 2016By Carl NiedbalaNews, Risk Management Tips No Comments

  We’re excited to announce that we’ve partnered with 99designs on the small business starter kit: a go-to source for all of the tools younger companies need to ramp up accelerate growth. Beyond an insurance 101 lesson from Founder Shield, the kit includes many other tips and tricks for anything from getting funding, building a brand, hiring to … 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