No matter what your company needs, we’ve got you covered.



Crime Insurance

No one thinks they’ll be the victim of a crime until they are and businesses are no different. Billions of dollars are lost each year by companies who were the targets of criminal activity. How about an insurance policy that addresses this?

Crime insurance does exactly that by reimbursing companies for stolen money, securities and other tangible property. These types of losses happen every day. Employees can set up dummy vendor accounts and pay themselves over time. The office can be burglarized. Your money people could inadvertently accept forged or counterfeit financial instruments. Criminals can use targeted wire transfer and computer fraud schemes.

The number of ways criminals can attack your company is truly staggering. The question is, do you want to wait for law enforcement to (hopefully) recover some or all of your lost money? Or would you prefer to have an insurance company cut you a check and then let them deal with the headache of recovery? Read more…

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Cyber Liability Insurance

Data breaches, hacks, DDoS, and spear phishing schemes are happening all the time. Big companies and small companies alike; it doesn’t matter. When a cyber event happens, chances are you’re going to have some pretty steep costs ahead of you both in terms of liability to others and losses you experience directly.

Imagine a thief hacks your system or an employee leaves his laptop in the backseat of a taxi. If personally identifiable information (PII) is lost, you could be looking at civil suits, investigations and fines/penalties from state and federal agencies. You’ll have to hire a lawyer, notify users, provide credit monitoring…the list goes on.

What about a black hat who extorts you or destroys data, forcing you to shut down temporarily? The costs of dealing with cyber security consultants, PR firms and data restoration experts — not to mention income you lost and payroll you spent during the downtime — are going to skyrocket.

The right cyber insurance can address all of these costs. Since (depending on the jurisdiction) “PII” can include relatively harmless info like IP addresses, this is one of the most important policies the insurance industry offers today. Read more…

Directors & Officers Insurance

Getting ready to close that Series A round? Directors & officers insurance (D&O) is almost always required by the terms of an institutional round of funding. Even some seed and angel investors are requiring it these days.

D&O protects the company and its leadership from certain disputes related to the management of the company. Suits from investors who feel you breached your fiduciary duty; complaints of unfair trade practices from competitors; investigations into securities violations by regulators…all of these (and many more) are major concerns which can be addressed by D&O.

Management liability claims are common. You, your investors and your board members will all rest easier knowing there’s an insurance policy providing a safety net. Read more…

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Disability Insurance and Ancillary Benefits

Disability insurance is another state-required insurance for anyone with employees on payroll.  Founder Shield now offers not only the legally required disability insurance coverage, but also a full suite of ancillary benefits for your employees (such as dental, vision, and extra medical support).  Read more…

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Employment Practices Liability Insurance

Employment practices liability insurance (EPLI) is another form of management liability insurance. Unlike D&O, however, EPLI is focused on how companies hire and manage employees.

Companies can get caught up in rapid growth at the expense of sound HR practices. Allegations of sexual harassment, wrongful termination, discriminatory hiring/firing practices and retaliation are more likely for these companies. In rare instances, angry employees have filed suits that aren’t based in reality. Their employers still had to pay to defend themselves in court.

EPLI helps to reduce the impact of these disputes by paying defense costs as well as settlements and judgements against the company or its leadership. But it’s not a ‘get out of jail free’ card for bad bosses. (Remember that intentional acts are never covered by insurance). The EPLI policy is instead designed to be an investment for companies that have tried in earnest to manage people properly but still find themselves in an employment dispute. Read more…

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Errors & Omissions Insurance

Errors & omissions insurance (E&O) is basically your “malpractice” coverage. It’s also called “professional liability insurance.”

The disputes covered by this policy are focused on the professional service you provide. If there’s some perceived failure in your service and customers lose money, an E&O policy can defend against the lawsuits that follow. GL, D&O and other policies probably wouldn’t cover these claims.

Say your company provides a CRM SaaS product like Salesforce and a bug causes your product to go down. E&O insurance can cover claims that your clients bring against you after angry customers and missed opportunities lead to lost revenues. Or say you were the consultant that recommended that specific CRM SaaS product. Guess what…you’re getting sued too!

Every doctor has a malpractice policy because it really doesn’t matter how careful you are. People make mistakes! Sometimes you even get sued when you don’t make a mistake. These risks are no less real for a business. It’s just as important to have the right protections in place. Read more…

General liability (GL) insurance protects your company from some of the fundamental risks that come with running a business. If you’re sued by a third party for causing bodily injury, property damage, personal injury or advertising injury, a general liability will likely be your best resource.

Most companies think of GL as coverage for the classic “slip and fall” scenario, but that doesn’t tell the whole story. Damage to rented office space (or “fire legal liability”) is a part of GL coverage as well. Allegations of personal injury and advertising injury would also likely be covered.

Products and completed operations liability is another pillar of this coverage. Even the simplest of products can and do generate bodily injury and property damage allegations from customers. Wherever you are on the supply chain — manufacturer, distributor, retailer or otherwise — it’s a risk that most companies just can’t afford. GL insurance will help you manage risk. Read more…

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Health and Employee Benefits Insurance

The laws are changing in this area, and new options are hitting the market that make it easy to get great [affordable] coverage for your employees that both of you will be satisfied with.  Just give us a shout to find out more…          (Back to top)


Intellectual Property Insurance

Businesses that build things, write code, create a product or offer a service that could be infringing on existing intellectual property rights face constant exposure to IP and patent litigation. Whether they are the holders of the IP or are being sued by someone claiming to be the true IP holder, companies are feeling the pain of an increasingly frequent and expensive commercial dispute.

Intellectual property insurance can work in two ways: defense and abatement. A defense (or “liability”) policy will provides capital for defense costs and legal fees in the event that you are sued for IP infringement. Abatement policies put the policyholder on the offensive: with the carrier’s permission, you could sue the infringer and then be reimbursed for your own legal costs.

Intellectual property underwriters can be great partners. Some carriers provide you a full profile of your IP risk as part of their underwriting process. In claim scenarios, simply having the policy in place can be enough to discourage plaintiffs. Read more…

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Key Person Insurance

Most companies look for key person (or “key man”) insurance because it’s a condition of their funding. It makes sense. Investors want to be sure that they’re protected if the worst of the worst case scenarios happens.

Other companies buy the policy for strategic purposes. Maybe they have someone on the team who is vital to their operations. These are people whose absence would compromise the future of the company.

Key person insurance is similar to life insurance. It pays out to a beneficiary (like the company or an investor) in the event of the death or disappearance of the specified key person. Some policies also offer coverage for illness as well as short- and long-term disability. The money can be put back into the company to cover recruiting costs and maintain stability. Or, in the case of an investor beneficiary, the money can be used to offset any devaluation that occurs.

We’re dedicated to helping founders get the right coverage so we developed our own proprietary key person product that makes that process easier. Read more…


Product Liability Insurance

Any company that makes tangible products is liable if that product causes bodily injury to a customer or damage to their property. An electronic component that catches fire; a defect in a bike frame that’s causing riders to crash; a cosmetic product irritating the skin of a small number of customers who then need medical care…all of these companies are looking at huge legal costs.

More than that, the distributors, marketplaces, retailers — nearly every link on the chain of distribution — can all be held liable too.

Product liability insurance can be included in GL insurance but can also be purchased as a standalone policy. Companies with above-average product liability exposure or those with GL underwriters who would not agree to include it use these policies to plug the gap in their coverage. Read more…


Property Insurance

Property insurance is the perfect policy for any company that owns physical property. And since almost all businesses own computers, furniture, equipment, or some other piece of tangible property, it’s one of the most common policies.

Even businesses that haven’t poured money in tangible items have exposure to risks that can be addressed by a property insurance policy. What if there is a fire at your office? There are going to be plenty of surprise costs like renting temporary working space, not to mention the cost of an interruption to normal business operations. Many landlords even require property insurance as a condition of their lease.

Coverage can be tweaked and tailored in a way that covers all of your company’s exposures without forcing you to overpay. Read more…

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Representations and Warranties Insurance

There’s a good chance that if you’re involved in a merger or acquisition now, you’re going to be involved in litigation later. In any deal, the seller will make representations about their company that will guide the buyer’s decision. If it’s then discovered down the road that any of these representations were inaccurate and the buyer suffers a financial loss, a massive lawsuit is just around the corner. Insurance can protect both the buyer and the seller from some ramifications of this dispute.

Buyer or seller, it doesn’t matter. Buyers purchase a representations and warranties policy so they can rely on the accountability of a massive financial institution instead of a promise from the seller. Sellers protect themselves from litigation with this policy but they also encourage the buyer to soften the purchase agreement’s indemnification, elimination period and escrow requirements.

Policies are often offered with terms as long as 6 years from the date of the transaction. This is important because a significant portion of claims take time to develop, sometimes long after both parties have moved on to bigger and better things. Read more…

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Workers Compensation Insurance

If GL is the “slip and fall” insurance for third parties, workers comp is the “slip and fall” insurance for your workforce. This policy will pay an employee directly if they’re hurt while on the job and unable to work. Some policies also include employers liability insurance in case the employee sues the company for its role in the injury.

Most states requires you to go out and purchase a workers comp policy. Alternatively, some states administer their own mandatory workers comp program and still others provide full exemptions under certain circumstances.

Then there’s the question of whether or not you need to cover founders, independent contractors, part time employees, remote employees in other states…it can get complicated but we’re here to help you determine your needs and find the policy that fits. Read more…