Alliance Risk vs RiskCube D&O Insurance

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. ³Company-reported. D&O product page; Alliance Risk does not underwrite the policy itself.

RiskCube compares D&O policies across carriers and describes itself as an independent brokerage rather than the underwriter of the policy. ⁸Company-reported. D&O product page footer and general framing of the coverage as "tailored D&O coverage" it provides access to, not a self-underwritten product.

The reviewed D&O page does not name the insurer that would issue a policy; it says Alliance Risk markets a company's risk to carriers that specialize in management liability, so the issuing insurer depends on the placement. ³Not publicly disclosed. D&O product page as read on 2026-09-23.

RiskCube's disclosures say it is not an insurance carrier and that its insurance products, including D&O, are underwritten and issued by third-party carriers it does not name; the D&O page itself does not identify an issuing insurer. ^7,8Company-reported. Company-wide entity and licensing disclosure and the D&O product page as read on 2026-09-23.

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. ³Company-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. ⁴Company-reported. Management liability page's program-staging guidance, describing D&O specifically among the three bundled lines.

RiskCube targets D&O at startups raising institutional funding rounds or adding board members, and at regulated sectors such as AI, fintech, govtech, defense and space, saying investors and boards increasingly require D&O as a closing condition. ⁸Company-reported. D&O product page "Who needs D&O insurance" section.

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. ³Company-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. ³Company-reported. D&O product page; exclusion wording varies by carrier and the policy as issued.

RiskCube describes a typical private-company D&O program as combining Side A coverage (individual directors and officers when the company can't indemnify them), Side B coverage (reimbursing the company after it indemnifies leadership) and Side C coverage (protecting the company itself). ⁸Company-reported. D&O product page coverage explanation.

RiskCube lists common D&O exclusions including intentional fraud, prior known litigation, insured-versus-insured disputes and illegal profit, and notes that exclusions vary by carrier and policy wording. ⁸Company-reported. D&O product page "Common Exclusions" section.

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. ³Company-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. ⁴Company-reported. Management liability page's discussion of bundled D&O, EPLI and fiduciary programs.

RiskCube says needed D&O limits vary by fundraising stage, board composition and investor expectations, but does not publish specific limit or retention amounts on the product page. ⁸Not publicly disclosed. D&O product page "How much D&O insurance do startups need" FAQ.

Alliance Risk offers a no-charge review of an existing D&O policy, identifying gaps in the Side A/B/C structure and missing endorsements and comparing the program to market options. ³Company-reported. D&O product page, Get Your D&O Risk Review section.

RiskCube says it checks every AI-company D&O policy for AI-related exclusions or sublimits before binding, to address "AI washing" allegations and oversight claims. ⁸Company-reported. D&O product page "AI & governance risk" FAQ.

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. ³Company-reported. D&O product page, What We Need for Your Quote section; timing is a company estimate, not a guarantee.

RiskCube describes a roughly 10-minute digital intake covering fundraising history, capitalization, board structure, revenue and prior litigation, then says its AI agents and licensed brokers compare carrier quotes, typically returning D&O quotes within one to two business days and proof of coverage in about 24 hours after a policy is selected. ⁸Company-reported. D&O product page process steps and "How fast can we get D and O insurance quotes" FAQ.

The reviewed D&O page does not describe an Alliance Risk claims-handling or claims-advocacy process; it discusses what a D&O policy covers rather than how Alliance Risk itself supports a claim. ³Not found in reviewed sources. D&O product page as read on 2026-09-23.

The reviewed D&O page does not describe claims handling or a dedicated claims team for this line. ⁸Not found in reviewed sources. D&O product page as read on 2026-09-23.