CFC vs 
Embroker: How Do They Compare for D&O Insurance?
Embroker sells standalone D&O with online quoting and publishes startup limit examples by funding stage; CFC packages D&O with US management liability and separately offers Side A DIC excess cover.
CFC sells D&O only inside its US Management Liability package, which declines California-domiciled businesses and US public companies. Embroker sells D&O standalone or bundled to startups, public companies and nonprofits, with sample limits from about $1 million to $10 million depending on how much you've raised. 1,2,5
What Are the Key Differences Between CFC and Embroker D&O Insurance?
Who Can Buy: CFC's Declines vs Embroker's Wider Audience
CFC's package brochure lists California-domiciled businesses and US publicly traded companies among the risks it declines, so if you're either, CFC's package is off the table. 2 Embroker markets D&O to private and public companies with a board, venture-backed startups and nonprofits, though that is its target audience, not a promise to accept you. 5 Choose Embroker if you are a public company or a venture-backed startup that wants limits sized to its funding stage; choose CFC if you're a private company outside California that wants D&O bundled with its other management-liability covers. 5 1
Published Limit Ranges vs None
Embroker's startup package shows sample D&O, employment practices and fiduciary limits of roughly $1–2 million with a $10,000–25,000 retention if you've raised up to $10 million, rising to $8–10 million with a $25,000–75,000 retention at $100–250 million raised. 5 CFC's brochure mentions an additional limit for individual directors and officers but publishes neither that amount nor the main D&O limit. 2
Package-Only D&O vs Standalone, Bundled or Excess
Embroker sells D&O on its own, bundled with cyber and workers' compensation, or in a broader management-liability program. 5 CFC's primary D&O comes only in its package; it also describes a separate Side A DIC product, excess cover that protects individual directors above the main D&O, whose brochure Spot has not reviewed. 1
What Should You Confirm in CFC and Embroker D&O Insurance Quotes?
- California-based companies: ask Embroker directly whether it will write you, since its audience statement doesn't say. 5
- Ask Embroker whether D&O, employment practices and fiduciary share one limit or have separate limits. 5
- Ask CFC for the main D&O limit and the extra amount for individuals, and whether its proposal is the package's primary D&O or the Side A DIC excess product. 2 1
- Get the issuing insurer and exclusions on both quotes. 5 2
CFC vs Embroker D&O Insurance Compared
CFC vs Embroker: D&O Insurance: documented features by provider
| Criteria | CFC Directors & Officers Liability | Embroker Directors and Officers Insurance |
|---|---|---|
| Who It’s For | 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. 2Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business. | 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. 5Company-reported. Product-page eligibility and 'Why Do Startups Need D&O Insurance?' sections; not a guarantee of coverage for a particular company. |
| Coverage Features | 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. 2Company-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. 2Company-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. 1Company-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. | 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. 5Company-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. 5Company-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. 5Company-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 | 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. 1,2Company-reported. CFC's management-liability product page and brochure; package composition as CFC describes it. | 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. 5Company-reported. Product-page description; not a statement about the issuing insurer. |
