Investor Lawsuits Can Target More Than Just Your Company.
An IPO or public offering doesn’t just expose your business—it puts directors, officers, advisors, and even underwriters at risk. With Prospectus Liability Coverage, you are protected against claims over financial misstatements, unfulfilled projections, or regulatory breaches, reducing the risk of civil and criminal liabilities.
Who Needs IPO Liability Insurance?
Who are at Risk
Investors can claim against the Company, its Directors and Officers. This can include selling or controlling shareholders, Future Directors, underwriters, advisors, vendor or even individuals making offering statements in roadshows.
Broad Coverage
Cover can extend for several years ensuring no premium changes or cover cancellation. Coverage persists even if management of the company changes. It covers investigations, regulatory events, settlements, public relation and defence costs.
Why not include in a D&O
Such inclusions expose the liability if a D&O; limit is exhausted due to a large claim. Annual renewals risks rise of premiums, non-renewal or cancellation. One can neither allocate the premium to offering cost nor include additional insured in the policy.
