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Technology & Startups Insurance

Directors & Officers Insurance
for Technology & Startups

Tech companies with investors, boards of advisors, or institutional funding need D&O insurance. Investors, board members, and even employees can sue directors and officers for decisions made in running the company. D&O protects the personal assets of your leadership team from management-related claims.

Industry-Specific Insight

Why Technology & Startups Businesses Need Directors & Officers Insurance

Tech companies with investors, boards of advisors, or institutional funding need D&O insurance. Investors, board members, and even employees can sue directors and officers for decisions made in running the company. D&O protects the personal assets of your leadership team from management-related claims.

Coverage Details

What Directors & Officers Insurance Covers

Key protections included in a directors & officers policy for technology & startups operations.

Personal liability protection for directors and officers sued for management decisions
Legal defense costs for lawsuits alleging mismanagement, breach of fiduciary duty, or fraud
Coverage for securities claims from shareholders alleging misleading statements or financial mismanagement
Employment practices claims brought by employees against company leadership
Regulatory investigations and regulatory defense costs
Indemnification reimbursement when the company covers a director or officer's legal costs

FAQs

Common Questions from Technology & Startups Businesses

Do venture-backed startups need D&O insurance?

Yes — most institutional investors and VC firms require their portfolio companies to carry D&O insurance as a condition of investment. It protects both the investor-board members and the founding team.

Does D&O cover claims from former employees?

Employment-related claims against individual directors are generally addressed by EPLI, not D&O. The two policies work together to provide complete protection for your leadership team.

Does D&O insurance cover fraud?

D&O policies typically exclude coverage for actual fraud or criminal acts where guilt is established. However, they do cover defense costs during an investigation — coverage ends if fraud is proven. This is an important distinction when reviewing policy terms.

Is D&O the same as general liability?

No — general liability covers third-party bodily injury and property damage. D&O specifically covers personal liability of executives and board members for their governance and management decisions.

Complete Coverage

Other Coverages Technology & Startups Businesses Commonly Need

A complete protection plan for technology & startups operations typically includes several complementary coverages.

We serve technology & startups businesses in:

Technology & Startups · Directors & Officers

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