Start up or Saddle up !
In a typical day as an Insurance Broker , when I go out to meet customers or prospects, I never finish the discussion without talking to the key person of that organisation about their Liability exposure. My sense of duty as an Insurance broker becomes heavier if the client organisation is an Small or Medium Enterprise or a Startup company. They have no financial strength to tide over a loss situation or a major legal dispute resulting in a court or arbitration award. I found this interesting article titled Why Goldman and Pritzker Sank Millions Into a Startup Before Suing It for Fraud . ( Article and picture credit : Wall Street Journal ). Any one who is familiar with Executive Liability would recognise this as a possible Directors and Officers Liability claim scenario. Wow..think of those tens of thousands of start up companies, worldwide, chasing their dreams, pursuing their vision and carrying the flag of enterpreneurship - all for dis...