IPO Liability Insurance
Also referred to as prospectus liability insurance, IPO insurance is specifically designed to protect corporate directors, officers, and executives from misrepresentations and other errors made throughout the IPO process. A multi-year policy can be placed for a one-time premium that covers claims made up to seven years after an IPO.
Prospectus Liability Insurance
Since IPOs are stand-alone high-risk transactions for directors, officers, and executives, IPO insurance policies provide limits dedicated for this event and will ring-fence related event liabilities, thereby preserving the company’s day-to-day directors and officers liability insurance limits for its usual management liability risks.