Embroker Startup Program
The Embroker Startup Program (ESP) is our flagship management liability program for private, funded organizations with less than $300M in revenue.
Appetite
- More than 80% of the NAICs classes are eligible
- Less than $300M in funding raised
- Primary funding source through venture capital, private equity with additional angel syndicate or crowdfunding
- Less than $300M in revenue
- Fewer than 1,000 Employees (including Independent Contractors)
- Minimal to no Claims activity
Coverage Highlights
The Embroker Startup Program is a comprehensive management liability program that is specially designed for private, funded organizations with less than $300M in revenue. ESP is for companies that have raised capital by one of the following as a sole source of funding:
- Venture Capital
- Private Equity
Embroker and Everspan Indemnity Insurance Company. Currently rated AM Best: A- / Excellent.
We are backed by a coalition of A and A+-rated reinsurers.
ESP Includes:
- Directors and Officers (D&O)
- Employment Practices Liability (EPL)
- Fiduciary
- Tech Errors and Omissions / Cyber Liability (Tech E&O / Cyber)
Limits Caps:
- D&O ($5M)
- EPL ($2M)
- Fiduciary ($1M)
- Tech E&O / Cyber ($5M)
