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
- a high-quality Directors & Officers (D&O) Liability policy for each Portfolio Company or
- 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.