Startup Success Hinges on D&O Secrets Revealed

Why Startups Need D&O Insurance

Startups are typically more vulnerable to lawsuits due to their innovative and often disruptive business models. Claims can arise from a variety of sources, including investors, employees, and competitors. Having D&O insurance in place can mitigate the financial risks associated with legal actions, allowing startups to focus on growth and innovation without the constant fear of litigation. Additionally, many investors require startups to have D&O insurance as part of their funding agreements, making it a prerequisite for growth and expansion.