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The content is primarily meant to be helpful to busy entrepreneurs in the tech community as it pertains to insurance. We post helpful content with a little humor. Go ahead and give it a read…




Insurance Mindset Shift for Startups

Creating a tech company from scratch is a process that will often be equated to a wild ride regardless of the outcome. In the early days, the insurance mindset is drastically different than when the company matures.

Holiday Parties Back in Person in 2021?

Unfortunately, many company holiday parties were put on hold in 2020. With the vaccinations up and COVID cases down in 2021, the party is back on!

My Office Is Going Full Remote. How Will That Affect Insurance?

With so many Lumen clients calling in to find out how going fully remote due to the pandemic will affect them, we wanted to cover some areas to consider in terms of how your insurance will be affected.

How Are Lumen Clients Doing Post COVID

As a follow on from last month’s Post COVID Predictions blog, we wanted to give our readers a general sense of the trends we have seen from Lumen prospects and clients over the past few months.

Insurance Predictions for A Post Corona World

Nostradamus himself could have imagined how drastic life would change overnight by COVID-19. Schools, business, and life in general have been completely disrupted. It is hard to say for how long. As a result many industries are reevaluating how they conduct business, including the insurance industry.

Insurance Policies Your VCs Want Post Funding

The primary reason we receive inquiries about insurance is a funding event. Many founders typically don’t think too much about Directors & Officers (D&O) and Key Person Life Insurance until they get a term sheet.

How Does COVID Affect Insurance?

Uncertainty in the wake of COVID-19 is off the charts. Everyone is quarantined. The stock market is volatile, and the end is not in sight. To add to the uncertainty for businesses, the C-Suite is curious about how insurance will respond.

What is International Insurance and Does Your Business Need it?

If you’re like me, you’re out there watching TikTok videos or working with remote teams without a care of where in the world they are. But, when it comes to your business insurance, country boundaries are very important and make a huge difference as to when something is covered and when something is not covered.

Keeping the Holiday Party Tame and Getting Everyone Home Safe

As a follow up on our prior blog, The Office ‘Non-Denominational Holiday Mixer’: Tips for keeping Everyone Safe and Out of Trouble During Company Holiday Parties, we recap the best measures the party planning committee can implement to keep everyone safe during the holiday season.

The Final Insurance Inflection Point for Startups

A common question asked regarding insurance in the startup space is ‘what do I need and when do I need it?’ The answers vary based on revenue, clients, and number of employees, but the most common ones are outlined in the Lumen blog, 5 Insurance Inflection Points for Insurance.

D&O Tail Coverage - Tips for the Acquisition

The prior Lumen blog, What Happens to Your Insurance Program If You Don’t IPO, states the most likely outcome for startups is an acquisition. As covered by Austin Inno, Silicon Hills News and the ABJ…acquisitions are taking place weekly in the ATX. So what do startups need to know about D&O coverage prior to an acquisition?

Insurance and PEOs: Playing Nice Together

In this months blog, the PEO (Professional Employer Organization) model is explained as well as why startups like the PEO model. From an insurance perspective, what implications does working with a PEO have on your commercial program? Find out how insurance agents and PEOs can complement each other to benefit your startup.

“Common Insurance Requirements in A Commercial Lease (And What You Can Negotiate)”

Funding typically triggers another insurance inflection point in the startup journey: signing a commercial lease. A common insurance request from startups is to make sure current insurance coverage will meet the landlord’s requirements in a lease. This month’s blog shares common insurance requests by landlords and a few insurance tips.

SXSW on Limited Time: The Premier SXSW Events to Attend for Busy Founders

This year my wife had a baby two weeks before SXSW, so I had to be extremely focused on where I spent my time this SXSW. Though I like grabbing beers with the masses during the Startup Crawl, very little business gets done. So that was the first event to go to for me.

Electric Scooters: Liability Concerns for Startup Owners and Their Employees

Scooters are everywhere in urban areas all across the nation, and it does not look like they are going anywhere in Austin anytime soon. This month we discuss personal and business liability involved with riding an electric scooter.  Then we answer the more important question of how insurance will respond. As a bonus we also share a few key safety tips.


Back to the Grind: Pressure, Stress, Anxiety and Depression in the Tech Community

A recent Forbes article discusses why depression increases during the holidays and can be summed up in three words: stress, family and expectations.

Insurance Nerd Alert!!! – Inspiration from Mr. Incredible and Reuben Feffer

Since it is December and many of you will be watching movies over the holiday break, I thought it might be fun to comment on two of my favorite characters related to insurance in the movies. In this month’s blog, find out why I like Reuben Feffer from Along Came Polly and Bob Parr from The Incredibles. 

The Office ‘Non-Denominational Holiday Mixer'

There is a reason why Saturday Night Live (SNL)The Office, and Office Christmas Party poke fun at office ‘Non-denominational Holiday Mixers.’  Feel free to watch any of these videos at your own risk to see what I mean.

Is Your Startup As Secure As You Think It Is?

For the record, National Cybersecurity Awareness Month (NCSAM) was not created in resistance to Skynet, the ‘Synthetic Intelligent Machine Network’ despite the title of this blog.

How to Choose Wisely When It Comes to Accelerators and VCs

Raising funds seems like the Holy Grail of the startup community. Spend time around an accelerator or co-working space in ATX, and you will overhear someone talking about raising money.

What Happens to Your Insurance Program If You Don’t IPO?

Though many tech entrepreneurs dream of taking a company public, the reality is very few companies (particularly in Austin) go public.

Key Person Life: Your VC Wants Key Person Life Insurance on You and Why It's Not 'Weird'

Often times, Key Person Life is a requirement from institutional investment firms as part of their investment in a company. There was a similar scenario in the movie Along Came Polly if you have seen it.

Jeremy Broomfield - Own work, CC BY-SA 3.0,

D&O: Why Underwriters Care about Your Financial Runway?

For startups, an underwriter asking for financial statements can seem invasive when searching for D&O (Directors & Officers) Insurance. So why do they ask?

Employment Practices Tips for Tech Startups

In general, this is one of the heavier topics we will cover, but I felt it was necessary given the recent headlines involving Travis Kalanick of Uber, Dave McClure of 500 Startups and Justin Caldbeck of Binary Capital.

Is Your Tech Company a Tech Company to an Underwriter?

What is a liger? Napoleon from the 2004 movie Napoleon Dynamite says, ‘It’s pretty much my favorite animal. It’s like a lion and a tiger mixed… bred for its skills in magic.’ You will have to read through the end to see how this ties into the conversation…  

Too Busy 'Crushing It' to Run That Contract by Legal…

The single most important goal of any sales team is to generate revenue. This is often referred to in The Valley as ‘Crushing It’. So, in case you wanted to see a ‘bro-like’ exaggeration of what I’m talking about, click on the link above.

Lumen Insurance Technologies - Startup Growth Phases

5 Insurance Inflection Points for Startups

Your goals may include raising a significant amount of money, disrupting your industry, and/or becoming the next unicorn in the industry. If that is the case,  you will have a series of insurance inflection points to discuss with your insurance broker which includes D&O.

Do I Need D&O Before or After I Raise Money for My Tech Startup?

Start-up founders are generally calculated risk takers. So, why would a founder purchase D&O insurance before funding vs after?  There is no right or wrong answer but two common scenarios are outlined below.

Do You Really Want Just The ‘Bare Minimum’ Coverage for Your Startup?

 I love the 1999 movie, Office Space, so I hope you can appreciate the simplicity of Stan’s message. The pressure of entrepreneurs to build a world class team, execute on a strategy and fund-raise are huge!