Solutions

AngelAssure© program solutions:

  • Personal/Firm Outside Directorship Liability Program
  • Portfolio company management liability coverage (written on either an “Open” program or “Master” program basis)
  • Portfolio Company Property and Casualty Insurance
  • Venture Capital Asset Protection (VCAP)

As most Angel Networks do not have a Fund to provide them with backstop indemnification, an Angel’s first line of defense can be met by

  1.  a high quality Directors & Officers (D&O) Liability policy for each Portfolio Company or
  2.  an Outside Directorship Liability policy

Even start-ups have D&O Liability exposure and frequently cannot meet their corporate indemnification requirements. This can drag an Angel’s personal assets into peril. D&O coverage is a complicated contract that requires careful negotiation by an expert broker.