Amelia Risk vs CFC: How Do They Compare for D&O Insurance?

Amelia Risk places D&O for startups and technology companies and advises on funding timing; CFC includes D&O in a US management-liability package and separately offers Side A DIC excess cover.

Amelia Risk shops standalone D&O for startups, tech companies and consumer brands, typically once they take outside funding. CFC offers D&O only inside its US Management Liability package, declines California-domiciled and US publicly traded companies, and sells Side A DIC separately. ^1,^3,^4,^5,^6,^7,⁸

What Are the Key Differences Between Amelia Risk and CFC D&O Insurance?

Brokered Standalone Policy vs Package Module

Amelia Risk builds a D&O placement around your individual directors, your board and the company itself, and takes it to market for you. ¹ CFC gives you D&O as one part of a management-liability package, plus a separate Side A DIC policy that sits as excess over D&O you already hold. ⁷ ⁸ Choose Amelia Risk if you are a California-domiciled or US-listed company, or a startup buying D&O for a Series A; choose CFC if you want D&O bundled with other management cover or need Side A excess over an existing program. ³ ⁸

CFC Declines California and Public Companies

Amelia Risk places D&O for startups, technology companies, CPG and consumer-product brands, and says Series A term sheets usually require it. ³ ¹ CFC's brochure lists California-domiciled businesses and US publicly traded companies among the risks it declines for the package, so those buyers can't use CFC's D&O at all. ⁸

Clearer Claims Path at CFC

CFC publishes how to report a US claim by phone, email or online form and assigns a dedicated claims adjuster. ¹⁰ Its package also adds an extra limit for individual directors on top of the base limit, though it doesn't state the amount. ⁸ Amelia Risk's D&O pages describe neither, so ask who you would call after a claim. ¹

What Should You Confirm in Amelia Risk and CFC D&O Insurance Quotes?

If you are California-domiciled or publicly traded, ask CFC whether the decline list rules you out before you apply. ⁸
Ask CFC whether you are being quoted the full package or Side A DIC only. ⁷
Ask CFC for the dollar amount of the extra limit for individuals. ⁸
Ask Amelia Risk which insurer would issue your policy and how claims are handled; its D&O pages name neither. ¹

Amelia Risk vs CFC D&O Insurance Compared

Amelia Risk vs CFC: D&O Insurance: documented features by provider

Criteria	Amelia Risk Directors & Officers (D&O) Liability Insurance Brokerage	CFC Directors & Officers Liability
Who It’s For	Amelia Risk lists D&O among the policies it places for startups, technology companies, CPG brands, and consumer-product companies. ^3,^4,^5,⁶Company-reported. Specialty pages' "policies to consider" lists, marketed segments rather than an underwriting appetite statement. Amelia Risk says most companies consider D&O once they've taken outside funding, that Series A term sheets usually require it, and that it's becoming more common to see D&O bought at the seed stage as seed rounds grow larger. ^1,²Company-reported. D&O product page timing guidance, restated in more detail by co-founder Danielle Holyoake in the company's podcast episode.	CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this D&O coverage. ⁸Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.
Coverage Features	Amelia describes the D&O policy as covering the individual directors and officers, the board, and the entity, with claims typically alleging mismanagement and most often coming from shareholders, though they can also come from regulators, competitors, or employees. ¹Company-reported. D&O product page description; the actual policy wording, definitions, and exclusions depend on the issuing insurer and the client's declarations. In the company's podcast, co-founder Danielle Holyoake says the D&O policies she has reviewed and sold generally define "directors and officers" broadly enough to include employees and even interns, rather than naming specific individuals on the policy. ²Company-reported. Her description of policies she has personally reviewed and sold, not a specimen form or a statement about every D&O policy Amelia places.	CFC says its directors and officers cover includes protection for the entity itself and aims to prevent directors and officers from having to sell personal assets to pay defense costs. ⁸Company-reported. Brochure's 'Directors and officers cover' description; the issued policy wording determines actual entity and Side B/C coverage terms. CFC's brochure lists an additional limit for insured persons as part of the directors and officers liability section, on top of the package's base limit. ⁸Company-reported. Brochure's 'What else is in the policy?' list; the dollar amount of that additional limit is not stated on the reviewed pages. CFC separately offers Side A DIC (difference in conditions), which it describes as excess coverage for directors and officers of private and publicly traded organizations, sitting above the primary management-liability D&O cover. ⁷Company-reported. Management-liability product page; Side A DIC has its own brochure that was not opened for this record, so its terms are not otherwise described here.
Role in This Line	Amelia Risk arranges D&O liability coverage for clients, describing and structuring the policy around protecting individual directors and officers, the board, and the company entity, rather than underwriting it directly. ¹Company-reported. D&O product page as of 23 September 2026. Does not establish who issues a particular client's policy.	CFC includes directors and officers liability inside its US Management Liability package rather than selling it as a standalone product. It separately sells Side A DIC, an excess policy that sits above a company's existing D&O program. ^7,⁸Company-reported. CFC's management-liability product page and brochure; package composition as CFC describes it.

Criteria

Amelia Risk Directors & Officers (D&O) Liability Insurance Brokerage

CFC Directors & Officers Liability

Who It’s For

Amelia Risk lists D&O among the policies it places for startups, technology companies, CPG brands, and consumer-product companies. ^3,^4,^5,⁶Company-reported. Specialty pages' "policies to consider" lists, marketed segments rather than an underwriting appetite statement.

Amelia Risk says most companies consider D&O once they've taken outside funding, that Series A term sheets usually require it, and that it's becoming more common to see D&O bought at the seed stage as seed rounds grow larger. ^1,²Company-reported. D&O product page timing guidance, restated in more detail by co-founder Danielle Holyoake in the company's podcast episode.

CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this D&O coverage. ⁸Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.

Coverage Features

Amelia describes the D&O policy as covering the individual directors and officers, the board, and the entity, with claims typically alleging mismanagement and most often coming from shareholders, though they can also come from regulators, competitors, or employees. ¹Company-reported. D&O product page description; the actual policy wording, definitions, and exclusions depend on the issuing insurer and the client's declarations.

In the company's podcast, co-founder Danielle Holyoake says the D&O policies she has reviewed and sold generally define "directors and officers" broadly enough to include employees and even interns, rather than naming specific individuals on the policy. ²Company-reported. Her description of policies she has personally reviewed and sold, not a specimen form or a statement about every D&O policy Amelia places.

CFC says its directors and officers cover includes protection for the entity itself and aims to prevent directors and officers from having to sell personal assets to pay defense costs. ⁸Company-reported. Brochure's 'Directors and officers cover' description; the issued policy wording determines actual entity and Side B/C coverage terms.

CFC's brochure lists an additional limit for insured persons as part of the directors and officers liability section, on top of the package's base limit. ⁸Company-reported. Brochure's 'What else is in the policy?' list; the dollar amount of that additional limit is not stated on the reviewed pages.

CFC separately offers Side A DIC (difference in conditions), which it describes as excess coverage for directors and officers of private and publicly traded organizations, sitting above the primary management-liability D&O cover. ⁷Company-reported. Management-liability product page; Side A DIC has its own brochure that was not opened for this record, so its terms are not otherwise described here.

Role in This Line

Amelia Risk arranges D&O liability coverage for clients, describing and structuring the policy around protecting individual directors and officers, the board, and the company entity, rather than underwriting it directly. ¹Company-reported. D&O product page as of 23 September 2026. Does not establish who issues a particular client's policy.

CFC includes directors and officers liability inside its US Management Liability package rather than selling it as a standalone product. It separately sells Side A DIC, an excess policy that sits above a company's existing D&O program. ^7,⁸Company-reported. CFC's management-liability product page and brochure; package composition as CFC describes it.