IMD InsurancePre-seed & seed
- General liability / BOP for the lease and events
- Tech E&O + cyber when the first paying customer asks
- Workers' comp the day you hire
- Keep it simple; keep it cheap; keep it real
SaaS & technology startups
Startup insurancethat closes the deal.
Tech E&O, cyber, D&O, and EPL built around your enterprise contracts and your investors' requirements — from the first MSA to the first board seat. We read the insurance clause so you can sign.
By stage
What you need, when.
Startups over-buy early and under-buy late. The right program follows the company: the contract you're about to sign, the round you're about to close, the team you're about to hire.
i.
ii.
Series A
- D&O — investors with board seats require it
- EPL as headcount grows
- E&O/cyber limits scaled to enterprise MSAs
- Multi-state workers' comp for remote teams
iii.
Growth
- $5M+ E&O/cyber towers for enterprise and public-sector deals
- Fiduciary and crime as benefits and finance mature
- International exposure and foreign liability
- Renewal strategy as claims history builds
Coverage
What a tech company carries.
Plain-English summaries. Your policy documents always control.
01
Technology E&O
Claims that your software or service failed and cost a customer money — the core exposure of any SaaS business, and the clause in every enterprise MSA.
Contract-required02
Cyber liability
Breach response, notification, forensics, ransomware, business interruption, and third-party privacy claims. Usually written together with E&O on one form.
Contract-required03
Directors & officers
Protects founders, directors, and the company from claims about how the business is run — by investors, regulators, or competitors. Required at the first priced round.
Investors04
Employment practices liability
Wrongful termination, discrimination, and harassment claims. Often packaged with D&O for private companies; stands alone as headcount grows.
Headcount05
General liability / BOP
Slip-and-fall and premises exposure your landlord and event venues require. Cheap and usually mandatory for the lease.
Lease06
Workers' compensation
Required once you have employees, and complicated once they're in several states. We handle multi-state placement.
Required07
Fiduciary & crime
Fiduciary covers decisions about your benefit plans; crime covers employee theft and social-engineering fraud that cyber forms may sublimit.
Maturity08
Key contracts review
Send the insurance clause from the MSA or the term sheet. We tell you what it requires, what's negotiable, and what it costs — before you sign.
ServiceSimplified summaries for general information. Coverage, limits, and exclusions vary by carrier and policy. We are not your lawyer; contract review is for insurance requirements only.
FAQ
Startup questions.
What do we need to sign an enterprise contract?
Most MSAs require tech E&O combined with cyber — often $1M to $5M — plus general liability and workers' comp, and sometimes the customer named as additional insured. Send us the clause; we build the program to it.
When do we need D&O?
Typically at the first priced round, because investors taking board seats require it — and whenever you have employees, since private-company D&O usually bundles employment practices liability.
Does cyber cover an outage of our product?
Cyber covers your own breach response and interruption from a security event. Customers claiming your software failed and cost them money is a tech E&O matter. Most tech companies buy both on one form so the two don't argue.
What do you need for a quote?
What the product does, revenue and ARR, headcount by state, your largest customer contracts' insurance clauses, cap table stage, and any prior policies or claims. A short application does the rest.
Get a quote
Talk to a person.
(332) 333-2353 IMD Insurance Agency LLC767 Broadway #1239, New York, NY 10003
Hours: business hours — fill in
Good to have readyCurrent policies and declarations · 3–5 years of loss runs · payroll and revenue · any contract or lender insurance requirements