Alliance Risk vs 
Embroker: How Do They Compare for D&O Insurance?
Embroker offers online D&O quotes and publishes startup limit examples by funding stage; Alliance Risk takes a broker-led route, reviewing existing policies and marketing placements to specialist carriers.
Embroker quotes D&O online and sizes startup-package limits to your raise, from $1M to $2M with a $10,000 to $25,000 retention if you've raised up to $10M. Alliance Risk shops your D&O to specialist insurers as a broker and reviews an existing policy for gaps at no charge. 3,1
What Are the Key Differences Between Alliance Risk and Embroker D&O Insurance?
Online Startup Quote vs Broker With a Free Policy Review
Embroker's stage table runs up to $8M to $10M in limits with a $25,000 to $75,000 retention once you've raised $100M to $250M. Alliance Risk instead prices by company size: $2,500 to $10,000 a year for small private companies and $2M to $5M of Side A limits at $5M to $50M revenue, with proposals usually within a few business days. Choose Embroker if you're a venture-backed startup that wants to quote online; choose Alliance Risk if you already carry D&O and want the gaps found, or you're a private company sized by revenue rather than by raise. 3 1
Shared Limits Across D&O, EPLI and Fiduciary
Embroker's startup package combines D&O, EPLI and fiduciary, and its page doesn't say whether the three share one aggregate. Alliance Risk warns that entry-level bundles often do, so an employment settlement early in the year can shrink what's left for a D&O claim. 3 2
What Each Says Is Excluded
Embroker's policy excludes suits between members of the same company, prior-knowledge claims and directors engaged in antitrust violations, so a co-founder dispute may not be covered. Alliance Risk lists fraud, criminal acts and, often, acts before the policy began, and says employment and benefit-plan claims need separate EPLI or fiduciary cover. 3 1
What Should You Confirm in Alliance Risk and Embroker D&O Insurance Quotes?
Alliance Risk vs Embroker D&O Insurance Compared
Alliance Risk vs Embroker: D&O Insurance: documented features by provider
| Criteria | Alliance Risk Directors & Officers (D&O) Insurance | Embroker Directors and Officers Insurance |
|---|---|---|
| Limits and Retentions | Alliance Risk publishes indicative Side A limit and premium ranges: mid-size companies ($5M-$50M revenue) typically carry $2M-$5M in Side A limits, and larger private companies $5M-$25M or more. It shows overall D&O premium bands from $2,500-$10,000 for small private companies up to $50,000-$500,000 for large private companies, noting fintech, crypto and venture-backed companies often pay 2-3x more. 1Company-reported. D&O product page; illustrative bands, not a quote for any particular company. Alliance Risk says entry-level management-liability packages that bundle D&O with EPLI and fiduciary often share a single aggregate limit, so a large EPLI or fiduciary settlement earlier in the policy year can reduce what is left for a later D&O claim; it says a specialist broker structures shared versus separate limits to manage that risk. 2Company-reported. Management liability page's discussion of bundled D&O, EPLI and fiduciary programs. | For its startup package, Embroker publishes illustrative D&O/EPLI/fiduciary limit and retention ranges by funding stage, from roughly $1-2 million in limits with a $10-25k retention for companies raising up to $10 million, up to $8-10 million in limits with a $25-75k retention for companies raising $100-250 million. 3Company-reported. Product-page cost table for the Embroker Startup Package; actual limits, retentions and premiums depend on underwriting. |
| Who It’s For | Alliance Risk says D&O is relevant to venture-backed and public companies, high-risk industries such as fintech, healthcare, real estate and financial services, companies going through M&A, IPO or leadership changes, nonprofits, and small private companies without outside investors. 1Company-reported. D&O product page; eligibility for a particular company depends on underwriting. Alliance Risk says a company should turn on D&O coverage at its first priced funding round, because institutional investment brings personal exposure for directors and officers from day one. 2Company-reported. Management liability page's program-staging guidance, describing D&O specifically among the three bundled lines. | Embroker markets D&O to any private or public company with a board of directors, startups that have received or are about to receive venture capital funding, and nonprofit corporations, saying VC and private equity investors commonly require it before funding. 3Company-reported. Product-page eligibility and 'Why Do Startups Need D&O Insurance?' sections; not a guarantee of coverage for a particular company. |
| How to Apply | For a D&O quote, Alliance Risk asks for company revenue, industry and stage, board composition, investor structure, current D&O coverage and carrier, five-year claims history and upcoming events such as M&A or an IPO, and says it typically delivers proposals within a few business days. 1Company-reported. D&O product page, What We Need for Your Quote section; timing is a company estimate, not a guarantee. | Embroker offers an online quote for D&O coverage through its digital platform, describing underwriting factors including revenue, industry risk and claims history. 3Company-reported. Product-page 'Quick quotes' feature and cost-factor list; no quote was requested during this research. |
| Coverage Features | Alliance Risk describes D&O policies it places as having three parts: Side A for individual directors and officers when the company cannot indemnify them, Side B reimbursing the company for indemnification costs, and Side C covering the company directly for certain liabilities. 1Company-reported. D&O product page; actual policy structure and whether sides are combined or separately limited depend on the carrier and the policy as issued. Alliance Risk lists standard D&O exclusions it sees, including fraud and intentional misconduct, criminal acts, bodily injury and property damage, and often prior acts before the policy started; it says employment practices and ERISA benefit-plan claims are typically excluded and need separate EPLI or fiduciary liability coverage. 1Company-reported. D&O product page; exclusion wording varies by carrier and the policy as issued. | Embroker lists coverage for misuse of company funds, misrepresentation of company assets, breach of fiduciary duty, failure to comply with workplace laws and lack of corporate governance. 3Company-reported. Product-page What's covered section; the issued policy and declarations control. Embroker says the policy excludes lawsuits between members of the same company, criminal or deliberately fraudulent activity, prior-knowledge claims, and claims against directors actively engaged in antitrust violations. 3Company-reported. Product-page What's not included section. Embroker structures its D&O policy with three insuring agreements: Side A covers individual directors and officers when the company cannot indemnify them, Side B reimburses the company for indemnifying its leaders, and Side C covers the company itself when it is sued for financial mismanagement. 3Company-reported. Product-page 'What are Side A, B, and C insuring agreements?' section; specific policy structure, not a claim about every insurer's D&O form. |
| Role in This Line | Alliance Risk places D&O insurance as a broker: it reviews a company's existing D&O program and markets the risk to carriers that specialize in management liability. 1Company-reported. D&O product page; Alliance Risk does not underwrite the policy itself. | Embroker sells D&O as a standalone policy and offers to package it with cyber and workers' compensation; it also says EPLI, D&O and related coverages are sometimes bundled into a management liability program. 3Company-reported. Product-page description; not a statement about the issuing insurer. |
