Trusted by leading Venture Capital businesses
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Supporting Leading Venture Firms

Venture capital firms operate in a high-stakes environment where, as AUM and portfolios grow, so does risk exposure. From investor scrutiny and regulatory oversight to cyber threats, portfolio risk and board-level liability, the landscape is complex and constantly evolving. At Capsule, our specialist approach is designed to keep pace with the evolving risk within Venture, ensuring your cover grows alongside your fund, helping protect your partners, support your portfolio and meet LP expectations with confidence. 

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Benchmark your cover today

Download our benchmarking document to see how your risks and policy limits compare across the industry.

As your fund grows, so does your risk

Managing a VC fund means navigating investment risk, fund governance, personal liability and regulatory scrutiny, often simultaneously. We specialise in this space, delivering the core insurance solutions most VCs rely on including Investment Management, Cyber, Crime, Professional Indemnity and Directors & Officers. Structured to reflect how funds are raised, deployed and managed, our cover is designed to protect both the firm and the individuals behind it from first close through to exit and as your portfolio grows in size and complexity. 
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Meet our Venture Capital experts

Max Willis

Head of Venture

With over 6 years working with venture capital firms, Max specializes in providing tailored insurance solutions that protect both venture funds and their portfolio companies. Understanding the unique risks faced at each stage of growth and helps VCs manage exposure as their investments evolve.  

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James Ewen

Broking Head of Venture

James is the Head of Broking within the FinTech and VC team at Capsule. He brings over 5 years of commercial broking experience, and a further 7 years of underwriting experience with him to help manage the day to day running of the growing FinTech and VC team here at Capsule. 

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Alex Dean

Venture Broker

Alex has over 15 years’ broking experience, including 9 specialising in professional and financial services. He focuses on traditional Financial Institutions, working with Funds, Asset Managers, Banks and Non-Bank lenders across the UK, Europe and North America/Caribbean. Alex supports VC and PE clients by designing insurance programmes tailored to their needs, jurisdictions and portfolio risks.

 

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More than just insurance...

Helping VC teams tap into the community, knowledge and support they need:
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Events 

Get first access to Capsule's VC focused events and networking

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Partners

A network of partners, who understand the scale-up journey 

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Content 

Guides, new resources and blogs on the stuff that matters when you're growing fast 

Common FAQs 

Venture capital firms operate in a complex risk environment, and their insurance questions often reflect that. Here are some of the most common ones we’re asked.

What is Venture Capital insurance?

Venture capital insurance is specialist cover designed for firms that manage and invest funds into high-growth companies. Unlike standard business insurance, it’s tailored to the specific risks that come with fund management and portfolio oversight from investor and regulatory scrutiny to governance responsibilities, cyber threats and financial crime, as well as exposure arising from investment decisions and board participation.

What types of insurance do Venture Capital businesses usually have?

Most VC firms carry a combination of Investment Management, Professional Indemnity, Regulatory Investigation Cover, Directors & Officers, Cyber and Crime insurance. 

What is Investment Management (IMI) insurance?

Investment Manager insurance covers the firm and its principals against claims arising from investment decisions, fund management activities and alleged breaches of duty. For VC firms, this typically includes decisions around deploying capital, managing portfolio companies and meeting obligations to LPs. 

At what stage do VC firms put an insurance programme in place?

Most VC firms put an insurance programme in place at or before first close. LP agreements will often specify insurance requirements that need to be met before capital is drawn, and obligations around investment decisions, governance and data handling begin from the point the fund is active.

In addition, once a firm becomes regulated by the FCA, there is an expectation to have appropriate insurance arrangements in place. This typically includes Professional Indemnity (PI) insurance, alongside Directors & Officers (D&O) cover to protect the partners and managers of the fund.

 

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Book a meeting

Speak to our team to review if 
your current cover is keeping pace with your VC’s growth.