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Embroker Vertical Insurance Index

Startup Snapshot: Analyzing the Risks and Costs for Founders

A first of its kind report detailing the hard numbers of business insurance.

This report, derived from over 2,000 aggregated and anonymized Embroker transactions, is broken down by different startup funding and revenue stages. All the data represents actual premiums paid and policy options chosen at the time of purchase.

Key findings:

  • Directors and Officers (D&O): Annual premiums for Directors and Officers (D&O) insurance can range from an average low of $4,782 to a high of $16,445, based on funding stages or revenue levels. 
  • Technology Errors and Omissions (Tech E&O): Premiums for Tech E&O can increase 95% when startups go from less than $1M in revenue to over $5M in revenue.
  • Employment Practices Liability Insurance (EPLI): As startups begin to grow and add more employees, their annual premiums for EPLI increase only 16% when going from under to 10 employees to 10-30. However, there's a 65% increase when hiring the 31st employee.
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