Share policies and financing documents
Send your Founder Shield policies, your term sheet or investor agreements and any customer contracts. Your Spot team finds the insurance clauses.
Orbit SoftwareOrganized by Spot
Switch from Founder Shield
Moving your insurance program from Founder Shield? Compare brokers with Spot
Founder Shield serves venture-backed companies, so your Spot team checks your financing documents before another broker sees your program.
- Financing clauses read against your policies
- Key person and AI liability included
- Brokers compared on your investors’ terms
How it works
We match coverage to those clauses
Your Spot team checks D&O, cyber, E&O, crime and fiduciary terms, plus key person and generative AI liability if you hold them.
Directors and officers insurance
Orbit Software · Policy review
- Policy wording
- Coverage limits
- Compare with
- Contract requirements
Confirm with your broker
Limits, exclusions, and endorsements
Compare brokers for venture-backed companies
Your Spot team prepares the submission and helps you read proposals, including which insurers were approached and why.
# spot-support
TaylorOrbit Software
Can we explore other brokers for our directors and officers insurance?
RileySpot
Let’s review the information and discuss the next steps with your broker.
Move on a date that suits your investors
Your Spot team helps you choose a letter or a renewal handover, and each policy stays in force until the new broker confirms.
TaylorOrbit Software
Can we explore other brokers for our directors and officers insurance?
Let’s review the information and discuss the next steps with your broker.
Directors and officers insurance policy
Coverage terms · Limits
Moving from Founder Shield
Founder Shield is an insurance broker for venture-backed and high-growth companies, from early funding through IPO. It lists D&O, cyber, E&O, employment practices, crime and fiduciary as core coverages, and key person, venture capital asset protection and generative AI liability among its specialized ones. You begin by creating an account in its quote portal.
Why businesses consider switching
- 01
You passed a funding milestone
A new round or an approaching IPO changes what investors and underwriters expect. Some founders want a broker who has done that transition.
- 02
You want a specialist for one policy
D&O, key person and coverage tied to AI each have specialist markets, and buyers sometimes bring in a broker for just one.
- 03
You want to compare service
Claims help, certificate handling and renewal prep vary between brokers, and many founders ask to see them side by side.
- 04
You want your program in one view
Policies across entities and stages are easier to run when one team holds the dates and documents.
How to switch without a gap
- 01
Read the broker terms
Check the term and the notice, and find the producer entity named on your documents. Your Spot team records it for the new broker.
- 02
Check your financing documents
Look for insurance clauses before you tell anyone. Your Spot team reads them against your policies so the new program meets them.
- 03
Choose a letter or renewal
A letter moves servicing now, and waiting moves it when the new policies begin. Your Spot team checks the effective date with each insurer.
- 04
Hold coverage until confirmation
Never cancel a D&O policy first. After written confirmation, reissue certificates and update the contacts at your investors and customers.
Coverage to consider
Directors and officers
Buy D&O insurance with Spot: a prepared submission, broker proposals compared on insureds, defense costs and exclusions, and your policy kept on file.
Get quotesCyber liability
Buy cyber insurance with Spot: we describe your systems and controls for insurers, compare response and liability limits, and check customer cyber clauses.
Get quotesProfessional errors and omissions (E&O)
Buy professional liability (E&O) with Spot: a prepared submission, proposals compared on scheduled services, claims-made terms and defense, and certificates handled.
Get quotesEmployment practices liability
Employment practices liability with Spot: a prepared submission and proposals compared on who’s insured, claim triggers, retentions and defense terms.
Get quotesCrime
Buy commercial crime insurance with Spot: a prepared submission, proposals compared on theft, forgery and funds-transfer fraud, and your controls described clearly.
Get quotesFiduciary liability
Buy fiduciary liability with Spot: a prepared plan submission, proposals compared on insured plans, defense terms and exclusions, and your policy kept together.
Get quotesKey person
Key person insurance with Spot: an amount you can explain, ownership and beneficiary set up for the business, and proposals compared on term and premiums.
Get quotesGenerative AI liability
Generative AI liability with Spot: we describe how you build or use AI, prepare for the insurer’s review and compare proposals with your cyber and E&O terms.
Get quotes
Common questions
My investors required my D&O. Do I need their approval to change brokers?
Check your financing documents for insurance clauses. Your Spot team reads them against your policies, so you know what any new broker’s program has to include before you tell anyone.
Can Spot handle specialized coverage like key person or generative AI liability?
Yes. Both are lines your Spot team prepares submissions for, alongside D&O and cyber, so a new broker sees the whole program at once.
Is Spot affiliated with Founder Shield?
No. Spot isn’t affiliated with Founder Shield, and nothing here is approved by it. The name is used only to say which broker you’re leaving.
Should I switch right before a fundraise?
That depends on your dates. A change can wait until the round closes if your current policies stay in force. Your Spot team compares your timeline with each policy’s date.
Does Spot earn money on my insurance?
No. Spot isn’t paid out of your premiums, and it doesn’t stand in for the broker you pick. Brokers still advise you and place the coverage.
Related
Get insurance off your to-do list.
Founder Shield serves venture-backed companies, so your Spot team checks your financing documents before another broker sees your program.
Get StartedLearn more before you switch providers
Read these before you choose a policy or an insurer.
