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MEMBER SERVICES
ACA member groups and the angel investors who belong to those groups have access to important services and discounts. Special highlights include:
Discounts to Seminars and Workshops
Member groups receive a 10 percent discount on six “Power of Angel Investing” seminars and workshops, with discounts amounting from $75 to $600 per course, depending on the type of event. Some angel groups recoup the majority of their membership dues through the discount for day-long seminars. Many angel groups have held the “PAI” programs as a means of recruiting new members, increasing investment activity and participation in due diligence, and getting everyone on the same page. Contact Marcia Schirmer to learn more about the programs and how your group can benefit.
Customized Angel Insurance Program
ACA has partnered with the Chubb Insurance Group and AH&T Insurance on a specially crafted coverage that has not previously been available for purchase in the marketplace. The program provides comprehensive liability insurance protection for angel investors and their investment vehicles. This program offers independent policies to ACA member angel groups and the angels who belong to the organizations at discounted rates and preferred terms than would otherwise be available. The core offerings include:
- Outside Directorship Liability
- Professional Liability
More details, including the applications (which must be completed by the angel organization and all individual angels in the group who want to be covered) are available on the AH&T Web site
Additional information for members, including copies of the basic policy and endorsement document, as well as more about the features and benefits of the program are in the ACA Members’ Only site.
SPECIAL NOTE: The program is a new type of insurance coverage and therefore must be approved by individual state insurance regulatory agencies before it may be offered to angel organizations in that state. The program has been approved by several states, but we are awaiting approval in many others.
ABOUT AH&T INSURANCE
AH&T Insurance has been in continual operation as an insurance brokerage since 1921. AH&T is a founding member of TechAssure, the endorsed insurance provider to the National Venture Capital Association. The company is licensed throughout the United States and Canada and is an internationally recognized leader in providing insurance services to the technology, life science and emerging growth company communities. For additional information, please visit www.ahtins.com.
ABOUT CHUBB INSURANCE GROUP
Chubb Insurance is a global insurance leader, with over 100 years of paying claims and earning the trust of clients worldwide. Chubb is rated A+ XV Superior by AM Best with over $14 trillion in policyholders surplus. Chubb is a leader in innovative executive protection insurance products and provides property casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. More information is at www.chubb.com.
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