Venture Capital Asset Protection

Venture Capital Asset Protection provides venture capital and private equity firms with an effective, comprehensive way to transfer and migrate many of their most significant liabilities by combining four coverages into a single policy – Management Liability Insurance, Management Indemnification Insurance, Outside Directorship Liability Insurance, & Professional Services Liability Insurance

Complexity of Risk

Venture capital firms face an array of risks and exposures driven by the complexity of their operations between internal fund management to portfolio company performance. As such, the spectrum of risk can range from simple insurance requirements to be compliant with the firm’s lease of office space to disgruntled founders following a down round; employment related actions to increased regulatory scrutiny; complicated merger/acquisition to IPO exits.

Dedication and Knowledge

With over two decades of commitment to the venture capital industry, we have continued to meet the expanding needs of the venture capital community by addressing all aspects of a firm’s exposure to risk. In lieu of providing solutions in only one or two areas, we offer a suite of insurance products with the simple goal of helping VC clients neutralize risk.

Proven Crafted Solutions

Venture Capital Asset Protection Policy (VCAP)

Management Liability
Liability arising from management/operations of firm/fund protecting directors, officers general partners in their capacities as such, along with the fund, management company and other related entities
Professional Liability
Liability arising from provision (or failure to provide) professional services
Outside Directorship Liability
Coverage for firm/fund individuals in director/officer capacity at a portfolio company in excess of D&O and indemnification provided by that portfolio company
Employment Practices Liability
Liability arising out of an employment practices wrongful act (i.e. wrongful termination, harassment, discrimination)
Coverage designed to explicitly address the unique needs of venture and private equity firms
Coverage pre-vetted by industry specialists, including East Coast and West Coast law firms that serve the venture capital industry

Package Policy for VC Firms

Highly differentiated General Liability insurance eliminating restrictive coverage exclusions
Dovetailed coverage with firm’s VCAP policy to bridge coverage gaps
Greatest value proposition – significantly better coverage with average savings of 30% over coverage outside of the program

Portfolio Company Directors & Officers Liability Coverage

Most comprehensive one-stop solution for portfolio companies who need to meet term sheet requirements
Aggressive pricing solution from a total cost of risk basis

Portfolio Company Property/Casualty Programs

Our expertise is extensive in all areas of the technology and life science sectors making us very astute in developing insurance programs scaled to an individual portfolio company
Specific expertise in Professional Liability, Cyber Liability, Privacy, Clinical Trials
Our proficiency nets costs savings and appropriately scaled programs

VCAP Policies

Venture Capital and Private Equity-firms are known to be calculated risk takers. This approach has rewarded many of them and their investors. But how much risk are you willing to take when it comes to your firm’s liability? Or your own personal liability?