What does IPO Insurance cover?
 |
|
 |
| |
 |
Directors and officers |
 |
Issuing company |
 |
Selling shareholders, sponsors and underwriters |
|
| |
|
|
 |
|
 |
 |
|
 |
| |
| Against claims arising for: |
|
 |
Errors or omissions in/from the prospectus |
 |
Act, error or omission of the directors and officers or issuing company |
|
|
|
 |
|
 |
 |
|
 |
| |
 |
Associated investigation/regulatory actions |
 |
Defence/legal costs |
 |
Damages/awards |
|
|
|
 |
|
 |
Why is IPO Insurance important?
When undertaking a public offering of securities and issuing a prospectus, the obligations and exposures faced by directors and officers increase and they can be personally liable. Potential areas for claims include:
| |
 |
Failure to disclose material information, either in the prospectus or in any representations prior to the issuing of the prospectus |
|
| |
 |
Allegations of misstatements or misleading statements |
|
|
Basic Directors & Officers Insurance policies can cover the IPO process but the breadth and suitability of cover is not as effective as Prospectus or IPO Insurance which specifically address the liabilities to which directors and officers are exposed.
|
|
| |
|
|
| |
Contact Us
Please fill in the form below to obtain more information about IPO Insurance and our JLT specialists will get in touch with you.
Note: Fields marked with an asterisk (*) must be completed.
Alternatively, please contact us at ipo@jltasia.com for more details. |
|
| |
|
|
|
|