Embroker Launches Startup Program to Quickly Insure Tech Startups

1. Embroker Launches Startup Program to Quickly Insure Tech Startups Embroker is a leading digital commercial insurance brokerage that combines data and technology with real industry specialization to help growing businesses find the coverage they need. Founded in 2015, the San Francisco- headquartered business serves over 1,800 customers and is licensed in all 50 states. In August, Embroker announced the launch of a fully digital directors and officers (D&O) insurance policy. The D&O insurance policy stands out in that it can be completed online within a matter of minutes and without disclosing sensitive financial information. Startups get a quote instantly with premium credits available to startups with top VCs and select financial partners. D&O Insurance is essential as it protects the directors and officers within a company if a lawsuit is filed claiming financial injury due to mismanagement. Embroker aims to radically improve the industry standard D&O insurance process, which typically takes weeks to get set up after numerous sensitive and confidential documents have been shared.

2. Embroker’s new digital Startup Program includes D&O insurance, Fiduciary Liability insurance, and EPLI insurance. The insurance brokerage created the program in partnership with Munich Re’s Digital Partners. “We’re excited to give startups the confidence to innovate, take risks, and build businesses,” said Matt Miller, Embroker’s founder and CEO, in a recent press release. The new digital Startup Program was created specifically for tech startups backed by venture capital (VC). It’s available now to startups that have raised up to $250 million and are based in the United States. As most startups work at a fast pace, it makes sense to work with a digital commercial insurance brokerage that has streamlined the often time- consuming process of signing up for insurance and filing claims by taking it all online. Additionally, D&O insurance is typically acquired by startups as a condition of receiving VC investment, so it makes sense to get the right coverage fast. Businesses who work with Embroker save time by utilizing the company’s digital platform to submit claims and carry out tasks, while real live experts are on hand to help. Whether your startup needs D&O insurance or cyber insurance, Embroker has the tools to support your claims and protect your time. To get the insurance your startup needs at the pace you’re working, visit https://www.embroker.com/