Fund & Asset Manager Program

Partners, employees, portfolio companies, vendors, and regulators can sue a company or its leaders, alleging failures in management or the provision of investment advisory services. This coverage is a unique blend of D&O and E&O insurance, covering defense fees and indemnification.

Portfolio Review

Transactional Risk Due Diligence

In House Claims Team

4.9 out of 5 customer review rating

Who is Fund & Asset Manager Insurance for?

Companies involved with venture capital or private equity firms face unique risks. Legal threats can come from all sides, including partners, employees, portfolio companies, vendors, and regulators, to name a few. Allegations of failures in management or the provision of investment advisory services often top the list of claims.

Additionally, companies and key individuals can face lawsuits if a third party experiences financial loss because of an act, error, or omission during the company’s performance of investment management services. Our program responds to these situations, covering defense fees, management indemnification, and professional services liability.

Why You Need Fund & Asset Manager Insurance

Protect Management

Covers key individuals from liability related to the organization’s management shield check

To defend against allegations

Protects against claims of investment or management failures

To protect your financials

Covers legal fees and settlements regarding the company’s performance

Claim Examples

Wrongful Termination

Limited partners allege that the general partners wrongfully terminated the partnership agreement and sold the assets of its flourishing business to themselves through a newly formed entity. Since there was no auction or competing offers for the assets, those assets ended up being intentionally undervalued far below market value which enabled the general partners to buy them back at a bargain price. The limited partners allege that this constituted self dealing in breach of the general partners’ fiduciary duty.

Trade Secrets & IP

One of three tech entrepreneurs who jointly developed a certain type of software which was just starting to flourish, allegedly canceled the company’s state registration without authority, shut down the existing company and started up a new one without the other two founders. The intellectual property was then moved from the old company to the new one. The two former founders filed suit against the new entity, its D&Os, and also the venture capital firms involved, for misappropriation of trade secrets, breach of fiduciary duty, aiding the breach of fiduciary duty, fraud and conspiracy

Dilution

Five founders of the company who once owned 40% of it allege that through the years a group of venture capital firms assumed management and engaged in a series of self-interested and dilutive stock offerings under terms that were grossly unfair to the common shareholders which resulted in them receiving less than $50k from an $80 million merger.

Partnering with Founder Shield

We’re a risk management partner for high-growth companies across emerging markets, striving to create the most seamless, intuitive, and responsive insurance-purchasing experience powered by proprietary technology and insurance products.

Trusted by Venture

10,000+

VC-backed companies served

$33BN

Total Funding Raised by Clients

70

NPS Score (Industry Average = 34)

Don’t just take our
word for it

With a Net Promoter Score of 70+, Founder Shield is one of the highest rated insurance companies in the market

Service and Capabilities

Bespoke Insurance Packages

We custom-build insurance packages tailored to your industry, operational model, and fundraising activity that scale as you continue to grow and raise capital.

Claims Advocacy

In-house claims advocacy team of lawyers to ensure optimal outcomes when your insurance package is needed most: claims situations.

Technology

We utilize our technology platform to streamline the application & renewal process and automate all back-end document generation and carrier API connectivity to balance the customer experience with maximum quoting reach.

Market Access

We have access to over 200 markets including the top global insurance carries and specialty providers serving niche risks.

Risk Calibration: Let’s figure out if you’re under- or over-insured and whether your current policies have detrimental gaps.

Identify Cost Savings: We’ll compare your current policies with our extensive benchmarking database to see if your risk and costs have kept pace.

Contract Review: Most of the time clients will make reasonable requirements. There are times, however, when some outlandish requirements should serve as red flags.

Risk Roadmap: Walk away with a detailed plan to manage risk as your company scales — no strings attached.