Essential protection for startups
Protect your startup against:
- Liability claims related to your products or services
- Data breaches and cyberattacks
- Lawsuits over company-related decisions
- Employee claims of harmful or discriminatory conduct
Why choose Embroker?
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Comprehensive coverage for startup companies
We've carefully curated insurance packages to fit the unique needs of startups — saving you time and confusion.
Cover less tangible and nontraditional tech risks
Even small mistakes can cost your company time and money. Tech E&O is crucial to protect your business against claims alleging errors or negligence in your products or professional services. Equally important for startups, the Cyber portion covers financial losses in the aftermath of a security breach or cyber event. Learn more about Technology Errors and Omissions / Cyber and how it fits into your startup insurance strategy — it’s an essential coverage available in Embroker’s Startup Package.
- Negligence, mistakes, and failure to meet specifications or delivery timelines
- Actual or alleged misrepresentation
- First-party expenses following a cyber event (system damages, ransomware, notification costs, etc.)
- Intellectual property infringement and unfair business practices
- Phishing and other social engineering scams
(Tech E&O “Plus” package only)
- Social engineering scams, funds transfer fraud, and invoice delivery fraud
- Utility fraud, including telecommunications fraud and cryptojacking
- Costs to repair or replace computers, devices, or other equipment corrupted or destroyed in a cyber incident
Essential protection for your company’s leadership
Directors and Officers insurance helps startups attract and retain top talent. It also protects your leadership team’s personal assets from lawsuits related to misuses of company funds, misrepresentations of company assets, breach of fiduciary duty, non-compliance, and more. Learn more about Directors and Officers.
- Claims alleging misleading financial statements
- Claims arising from mergers, acquisitions, or divestitures
- Defense costs or settlements for regulatory investigations
- Lawsuits brought on by shareholders on behalf of the company
- Coverage for your VC sponsors if they are named alongside you in a lawsuit against you or your company
Employee claims are on the rise
The U.S. Equal Employment Opportunity Commission (EEOC) logged 81,055 discrimination charges in 2023 — everything from claims of wrongful termination and failure to promote, to wage and hour disputes. Employment Practices Liability Insurance protects your business by covering legal defense costs, and settlements or judgments awarded to the employee making the claim. Learn more about Employment Practices Liability Insurance.
- Lawsuits alleging sexual harassment, racial discrimination, or other harmful or inappropriate treatment
- Attorney fees and other expenses related to your legal defense
- Claims alleging unfair promotion practices or unjust dismissal
- Breach of your company's employment contract
Managing your company’s benefits plan can come with significant risks
Claims that you underfunded the plan, failed to protect private data, or aren’t compliant with regulations could all result in a costly lawsuit. Fiduciary Liability insurance provides protection for your company and the people administering your benefits plans from alleged mismanagement of your company’s benefit program. Learn more about Fiduciary Liability.
- Alleged mistakes in benefit plan enrollment, eligibility, or calculations
- Imprudent choice of investments, plan assets, or third-party vendors
- Costs associated with investigating a claim
- Legal defense costs, settlements, and damages awarded by the court in findings of wrongdoing on your part
Insurance simplified for startups
Embroker provides access to specialized expertise, rapid quotes, and a simplified insurance experience.
Deep startup insurance expertise
Benefit from our specialized insights into the unique risks faced by startups.
Fast and efficient
In today's fast-paced world, time is of the essence — we offer custom insurance quotes in minutes.
Hassle-free coverage
No more insurance clutter; enjoy clear, simple insurance for busy startups.
Explore more coverages
Business Owners Policy
Combines general liability and commercial property insurance, to protect your business, your office, and its contents — get peace of mind with a single, cost-effective policy.
Commercial Crime
Protects your business from financial loss related to crimes such as employee theft and dishonesty, embezzlement, forgery, fraud, robbery, and more.
Workers Compensation
Subject to state law, it covers employee injuries/disease occurring during the course/scope of employment. Employers Liability covers claims alleging employer negligence.