#102 Beyond the Certificate: How to Navigate Insurance Related to Fundraising and Inventory with Amelia Risk

The Startup CPG Podcast · 8 Aug 2023 · 52m · Episode 79

What this episode covers

Danielle Holyoake, CRO and co-founder of Amelia Risk, explains why CPG startups need Directors & Officers (D&O) insurance during fundraising to protect personal assets from shareholder claims, and Stock Throughput insurance to cover inventory gaps across the supply chain. She details how Stock Throughput policies handle transit, 3PL storage, and spoilage risks, emphasizing the importance of valuation at selling price and documenting claims with photos. Holyoake advises founders to vet brokers for CPG expertise before shopping for policies to avoid fragmented coverage and ensure underwriters understand their specific product risks.

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