​Insurance 101 for Founders: What You Actually Need to Know Before You Need It 

​​Session Overview

​Most founders don't think about insurance until something goes wrong: a lost client, a data breach, a disgruntled investor, or a first hire. This Skills Clinic will break down the insurance fundamentals every early-stage, pre-revenue founder needs to understand. We’ll translate confusing industry jargon into plain language, helping you figure out what coverage actually matters at each growth stage and what can safely wait.

​Key Takeaways:

• ​Core Startup Policies: Demystify essential coverages (Errors & Omissions, Directors & Officers, and Cyber) and learn exactly when each becomes relevant.

• ​Contract & Investor Readiness: Navigate how partners, major contracts, and investors mandate coverage so you can avoid last-minute scrambles.

• ​Pre-Revenue Blind Spots: Identify common risks founders overlook when assuming insurance can wait until post-launch.

• ​A Scalable Risk Framework: Apply a straightforward decision-making framework to evaluate risk and make smart, stress-free coverage choices as your venture grows.

​​​Who Will You Hear From?

​Chris Richmond

​Chris Richmond is an insurance broker at HUB International, where he helps startups and growing companies navigate the insurance and risk management decisions that come with building a business. With a background in biomedical and molecular science, he brings a genuine understanding of research and technical environments, making it easy to speak the same language as founders and their teams. He's passionate about building real relationships and helping startups protect what they're building as they grow and scale.

​​​Schedule of Events

• ​12:00 PM - 12:05 PM: Check-In & Light Refreshments (coffee & donuts)

• ​12:05 PM - 12:35 PM: Speaker Presentation

• ​12:35 PM – 1:00 PM: Final Q&A, Office Hours and Depart

​​​What are Skills Clinics & Who can Attend?

​Skills Clinics are exclusive 90-minute sessions hosted by industry experts to fuel your entrepreneurial journey at any stage. They are open to UCalgary students, postdocs, faculty, staff and alumni interested in developing their entrepreneurial thinking skills.

​​​Location

​Hunter Hub for Entrepreneurial Thinking, Collision Space 401 | 460 Campus Lane NW, Calgary, AB T2N 1N4, Canada