Manage your risks and take care of your employees with insurance strategies that grow with you.
Advance Confidently with a Wide Range of Microcap Coverage Options
As your company grows, so do your risks. Lawsuits can come from shareholders, regulators, competitors, customers or your own employees. Your company may also become a target for cyberattacks and other crimes. A robust insurance package designed for growing companies like yours can help you navigate these risks so you can focus on growth.
We offer tailored management liability insurance solutions, including D&O coverage, tail coverage for executives, employment practices liability insurance, E&O, cyber, crime and more.
Support Your Talent Strategy with Smart Microcap Benefits
To achieve success in your industry, you need to attract the best workers. A solid employee benefits package can help you do that. NSI can help you build an employee benefits package that maximizes employee engagement while staying compliant with relevant regulations.
Want to know more about your employee benefits options? Request a quote.
Frequently Asked Questions
Is offering employee benefits really worthwhile?
Yes, adding employee benefits to your compensation package can help you achieve your employment-related goals, such as attracting top talent, increasing employee retention, and supporting a happy, healthy and engaged workforce. Many job seekers place a high value on benefits, and due to tax incentives, benefits can be more cost-effective than just offering cash. NSI can help you create a successful employee benefits strategy.
What employee benefits should my company offer?
A successful employee benefits package meets the needs of employees. These needs vary, so it’s important to offer a range of benefit options. An effective employee benefits package may include health insurance and a retirement plan as well as dental, vision, critical illness, life, and disability insurance. Additional benefits, such as telemedicine, HRAs, long-term care, and employee assistance plans, can provide additional value and help your company meet its employment goals. Adding voluntary benefits is a practical way to offer more options while keeping to a budget. NSI can work with your company to provide customized suggestions based on the needs of your company and your workforce.
Is cyber and crime insurance important for microcap companies?
Yes, businesses of all sizes can be targeted by cyberattacks and other types of crime, and smaller firms often lack the internal resources needed to recover quickly. Cyber and crime insurance can protect your company and show the stakeholders in your company that you are managing your risks.
What type of management liability insurance does my microcap company need?
Key coverages include directors and officers insurance, employment practices liability insurance, errors and omissions insurance, cyber insurance and crime insurance. However, each company is unique. NSI will work with your company to identify the policy types and specific coverage terms that you need.
When should my company secure D&O insurance?
Ideally, companies will secure D&O insurance ahead of the SPAC or IPO process. This is the best way to lock in more affordable coverage with generous terms while also gaining coverage for activities associated with taking your company public. However, it’s important to verify that your policy covers SPAC or IPO-related risks adequately.
