The Coyle Group
The Coyle Group: “The Coyle Group is an independent commercial insurance brokerage founded in 1929. Based in New York and serving businesses across the United States, the firm helps companies evaluate risk, secure coverage, and manage commercial insurance programs, including general liability, cyber, D&O, and industry-specific policies.”
What is the minimum VC insurance coverage a firm should carry?
“Every VC firm should carry D&O, E&O, and cyber insurance at minimum. Crime insurance is strongly recommended and is required by most institutional LP agreements. A specialist broker can help calibrate the right program for your specific situation.”
View in the company profileHow much does VC insurance cost?
“VC insurance premiums typically range from less than 0.5% to 2.5% of the policy limit. A $5 million D&O policy for a mid-sized fund might cost $15,000 to $75,000 annually, depending on fund size, regulatory status, claims history, and coverage breadth.”
View in the company profileDoes an LLC structure eliminate the need for VC insurance?
“No. An LLC limits personal liability for business debts but does not protect GPs from claims alleging personal wrongdoing, fiduciary breaches, or professional negligence. D&O, E&O, and GPL insurance address those exposures specifically.”
View in the company profile