For Venture Capital Firms

Package Policy

  • What: All the insurance you normally buy, improved, and at great rates. Property, General Liability, Auto, Workers’ Compensation, and Umbrella.
  • How: customized coverage language designed specifically for VCAPs. Developed with attorneys who specialize in venture capital clients.
  • Who: One Beacon Insurance Cos., offered exclusively through TechAssure Member Brokers.
  • Contact TechAssure for more information.

VCAP Liability

  • What: A professional liability policy designed specifically for the unique exposures to litigation faced by VCs (primarily from their portfolio companies and limited partners). Click here for more detail (link to slide #9)
  • How: developed with input from NVCA members and attorneys the policy is customized for each insured.
  • Who: several major carriers participate to cover the spectrum of VCAP firms by size and specialization. Offered exclusively through TechAssure Member Brokers.
  • Contact TechAssure for more information.

Group Excess Policy

  • What: Excess personal liability insurance for VC firm partners.
  • How: Sponsored by the venture capital firm as the employer, this product provides inexpensive excess limits of personal liability coverage for VC firm partners. It extends over their personal liability policies to cover a wide variety of exposures.
  • Who: A++ rated top ten carrier, offered exclusively through TechAssure Member Brokers
  • Contact TechAssure for more information.
  • Complete the GPEX Master Application (submit to your local TechAssure member)
  • Complete the GPEX Individual Application (to be completed by each insured individual and submitted to your local TechAssure member)

Intellectual Property Insurance

  • What: Insurance products to cover two sides of your exposure to IP litigation: 1) the possibility of being sued for infringing a 3rd party’s IP rights and 2) insurance to help you with the costs of enforcing your IP rights. These products can be written to protect your portfolio company investments.
  • How: IP assets are underwritten by experts with low premiums for minimal exposures and limits.
  • Who: Policies were developed by IP lawyers with specialty underwriting markets.
  • Contact TechAssure for more information.