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
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
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
This is the fourth installment of Founder Shield’s VC-Focused series. Last week, we reviewed some examples of lawsuits from your investors and how you can protect yourself. Be sure to also check out our introductory post as well as our discussion of the impact of regulatory investigations and the insurance policies that will help you stay afloat when the SEC … Read More
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.
In our first post on venture capital insurance, we took a high level view of four scenarios where this management liability, professional liability, and employment practices liability insurance policy could protect you, your firm, and your investors. We also spoke about the potential costs of having — as well as not having — this … Read More
This is the first of a series of articles we will be posting about the world of venture capital insurance.