D&O insurance protects directors, officers, and company leaders from personal lawsuits related to decisions made while managing the business.

Startups, private companies, nonprofits, and any business with a board should carry D&O coverage.

A startup should consider buying D&O insurance before bringing on outside investors, adding board members, or scaling operations.
Investors often require it as a condition of funding rounds.

E&O (Errors & Omissions) insurance covers claims that your professional advice, service, or product caused a client financial harm.
It protects against mistakes, missed deadlines, oversights, and alleged negligence.

Any business that provides professional services, advice, consulting, or technology solutions should carry E&O insurance.

This includes SaaS companies, consultants, agencies, and service-based businesses.​

Employment Practices Liability Insurance (EPLI) protects businesses from employee lawsuits involving wrongful termination, harassment, discrimination, retaliation, or other employment-related claims.

Without EPLI, companies could face costly defense fees and settlements even if claims are groundless.

General liability covers bodily injury and property damage — but does not cover employment-related lawsuits. 

EPLI is a separate policy designed specifically for HR and workplace-related risks.

Yes. Even companies with just a few employees can face employment-related claims.

In fact, smaller companies often face higher risks due to limited HR resources and less formalized processes.

Cyber liability insurance protects businesses from losses caused by data breaches, ransomware attacks, phishing scams, and other cybersecurity incidents.

While policies differ in exactly what risks they cover and how they define coverage for those risks, in general, Cyber covers response costs, regulatory fines, legal defense, customer notification, and business interruption.

Cyber insurance covers losses caused by hackers and data breaches, while crime insurance covers internal threats like employee theft, forgery, and embezzlement.

Both protect against financial loss, but from different sources.

Any company that stores sensitive data, processes payments, or relies on cloud-based systems should absolutely have cyber insurance.

This includes tech startups, SaaS providers, healthcare companies, and service firms.

However, ANY business that conducts any business over the internet should consider cyber coverage.

Fiduciary liability insurance protects businesses and plan administrators from lawsuits related to the management of employee benefit plans like 401(k)s or health insurance.

It covers claims of mismanagement, errors, omissions, or breaches of fiduciary duty.

No, but if your company offers a retirement plan or health benefits, you have fiduciary duties under ERISA law.

Fiduciary insurance helps protect against personal and corporate liability for plan mismanagement.

Crime insurance protects businesses against losses from theft, fraud, forgery, wire transfer scams, and employee embezzlement.

It fills critical gaps not covered by cyber insurance or property insurance policies.

Yes. Cyber insurance focuses on external cyber threats, while crime insurance covers internal theft and fraud.

Most businesses need both types of coverage to fully protect their financial assets.

At Execurisk, we provide tailored risk advisory and brokerage services, helping you identify coverage gaps and build an insurance strategy that protects your leadership, your business, and your future.

We specialize in professional, and management liability for businesses of all sizes, whether you're a one-person accountancy