You've launched a startup: the idea is great, investors trust you, and the team is at its best. But what happens if a mistake happens?
- A bug in the code disrupts the release.
- The client suffers losses and files a lawsuit.
- Investors start to have doubts.
The cost of one mistake can be too high for a startup. That's why a professional liability insurance policy is not a luxury, but a real need for a young business.
How does insurance help startups?
1. Protects investors' finances
No one wants to risk money for nothing. Insurance guarantees that even in a crisis situation, your startup will not be on the verge of bankruptcy.
2. Strengthens your reputation
Investors and customers trust startups that are ready for any challenge and can take responsibility.
3. Allows you to focus on development
When you know that risks are under control, you have more time and energy to implement ideas and attract new customers.
Real example: An artificial intelligence startup issued erroneous recommendations to a client due to a bug in the system, which led to financial losses. Thanks to a professional liability insurance policy, they were able to compensate for the losses and avoid a reputational crisis.
A startup is about ambition but also about responsibility. Take care of your business, customers and partners today.
Ready to protect your investments? Contact us and we'll help you find a reliable shield for your startup!