Closed your round? Here is the insurance your term sheet requires
Most institutional investors require D&O coverage before or shortly after closing. Legacy carriers can take 2 to 4 weeks to underwrite. We help you get covered fast, without slowing down your deal.
Built to move as fast as your closing does.
What insurance does a VC-backed startup need to close a round?
Most term sheets require the company to carry D&O insurance before or shortly after closing, to protect incoming board members. Many startups also add tech E&O, EPL, cyber and fiduciary liability as they hire and sign enterprise customers. Alton Risk places these programs quickly so coverage does not hold up the wire.
The clock your term sheet puts you on
Most institutional investors require D&O before or shortly after closing. The question is whether your coverage can move as fast as your round.
Typical underwriting and binding timeline through a traditional D&O carrier.
Bridges / Corgi Insurance, 2026
Binding timeline available through a digital-first platform: quote in minutes, bound the same day.
Bridges, Apr 2026
Institutional investors require the company to carry D&O insurance before or shortly after closing, to protect incoming board members.
Industry guidance, 2026
Sources: Bridges, How to Get D&O Insurance Fast Enough to Close a Term Sheet · Corgi Insurance, seed-stage D&O guidance.
A signed policy in three steps
Built to keep up with a closing, not slow it down.
Tell us your round size and investors.
Select D&O and any other coverage your term sheet requires.
Get a signed policy in time for closing. Same-day binding is realistic with digital-first markets, versus 2 to 4 weeks through a legacy carrier.
Get covered in time for closing
The coverage your term sheet likely names
Five lines covering what institutional investors typically require before or shortly after closing, placed with specialist markets.
D&O
The coverage most term sheets name directly, protecting your new board members.
Tech E&O
Claims that your product caused a customer financial harm.
EPL
Employment-practices coverage as you hire against your new round.
Cyber Liability
Data breach and network security coverage, increasingly expected by enterprise customers.
Fiduciary Liability
Coverage tied to benefit-plan decisions as you build out your team.
Common questions from founders who just closed
Do I need D&O insurance to close a VC round?
Most term sheets require the company to carry D&O insurance before or shortly after closing, to protect the new board members joining as part of the round.
How fast can I get coverage before closing?
Legacy carriers typically take 2 to 4 weeks to underwrite and bind. A digital-first platform can quote in minutes and bind the same day.
What happens if I close without insurance?
Some investors delay wiring funds until proof of coverage is provided.
Is a fund-level program a better fit than an individual policy?
If your lead investor manages a large, active portfolio, ask them whether a fund-level program already covers new investments. Otherwise an individual policy is the right starting point.
What does startup insurance typically include after a funding round?
A typical program combines D&O for the board, tech E&O for product claims, EPL for hiring, cyber liability for data and network risk, and fiduciary liability for benefit plans.
Who places VC-backed startup insurance at Alton Risk?
Alton Risk is a commercial insurance brokerage founded in 2026 by former carrier-side underwriters. It places D&O and related coverage for venture-backed companies with specialist markets.
Built by operators, not outsiders
Alton Risk Insurance Services is a commercial insurance brokerage for companies building the future. It was founded in 2026 by Sophia Zaller, and the carrier-side underwriting experience behind our placements is the reason we know what a market will and will not accept. Technology speeds up our work, and the judgment comes from people who have priced and placed these risks.
Also serving VC and PE fund sponsors and pre-seed to Series B AI startups at insureportfoliocompanies.com and insureaistartups.com.
Tell us about your round
It takes about a minute, and a broker follows up by email with quote options.