What Types of Insurance for Startups? Consider Your Risks and Liabilities
When starting a new business, there are many risks and expenses for founders to consider, and more often than not, there are also very limited resources. Founders are usually pre-occupied with the enormous time and cost that goes into building the new product or service offering, protecting any proprietary information or intellectual property they are creating and building the right team to ensure the success of the venture. However, one item that should not be overlooked is the need for adequate insurance coverage, as one potential uninsured claim could have a devastating effect on the success of the venture.
Partners Josh Mooney, Maurice Pesso, Daryn Rush and Lori Smith address what types of insurances startup businesses should consider in their article, What Types of Insurance for Startups? Consider Your Risks and Liabilities.