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Startup Risk Tips: Know When Business Insurance Kicks In
Q: When is my company actually covered by our insurance policies?
Search Results for: cyber
Intellectual Property Insurance – What Startups Need to Know
Intellectual Property Insurance + Startups Intellectual property is a big topic for the startup community. With modern patent trolls, content syndication, and intellectual property law reform, the topic can be confusing at minimum. Many founders look to insurance to mitigate this risk – and properly so – as there are many insurance products out there
Year in Review: 2014 Cyber Attacks (What Startups Should Know)
2014 Cyber Attacks Reviewed For the last four years, cyber risk management firm Net Diligence has done a report on cyber insurance claims for the year…and 2014 has been a hell of a year for cyber attacks. This year’s report has been published and has some very interesting findings pertaining to the startup community.
Inside Job: The 2014 Morgan Stanley Data Breach
While most of us are coming back rested and refreshed for the new year, Morgan Stanley can’t quite say the same as the bank’s 2014 ended with a massive data breach. Just two days after Christmas, information security employees at the bank discovered the data breach. The bank was conducting a standard sweep of known criminal websites
Insurance for Ecommerce Companies
Consumer Ecommerce is booming. With the vast array of web developers, payment processors and digital currencies, it has never been easier to get an online business off the ground. The US market alone is estimated at $409 billion for 2017. By 2022, it’s expected to make up to as much 17% of all retail sales nationwide. Risks
Startup Risk Tips: Additional Insured Insurance Certificates
Startup Risk Tips is a series of posts where we explain the finer details of insurance requirements or terms Startups will face along the road. We hope these posts will help you feel more comfortable and confident as new relationships are formed with customers, suppliers, vendors, investors, and insurance companies alike. Q: We’re required to send an
Don’t Wait: 7 Reasons to Find a Good Startup Lawyer Now
We’re all about teaming up with great startups on a mission to help the startup community excel. Priori Legal is one of those awesome companies. This guest post from proiri is important from an insurance perspective because many underwriters will ask for the legal work described below when quoting your insurance policy. Without these documents, insurance can be more
Insurance for Fintech Companies
Founder Shield 101: Insurance for Fintech Companies. From financial products to payments to investing, fintech is a red hot. The market is forecasted to grow to $6-8 billion by 2018 and Q1 2014 alone saw 1.7 billion invested across 167 deals. Risks As with any disruptive industry, there are several inherent risks that fintech
4 Ways Cyber Insurance May Be Anthem’s Data Breach Lifeline
For anyone that hasn’t heard, Anthem, one of the nation’s largest health insurance providers, suffered a data breach in which an estimated 80 Million customer and employee records containing personally identifiable information were compromised.
Startup Risk Tips: Don’t Let Your Business Insurance Lapse
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