Private equity firms have gained increasing attention following the buyout boom of the past decade. With intense federal scrutiny and more public awareness of this type of investing, private equity firms are in the spotlight and at risk of being sued by entities and/or individuals affected by private equity investments.
We provide private equity liability insurance programs that cover both the individuals and entities of private equity firms against claims arising from actions or decisions made in their capacity as outside directors of the portfolio companies they invest in, or in the course of their daily private equity activities. Customizable comprehensive private equity insurance programs are available allowing private equity, venture capital professionals and their firms can proceed confidently with their investment vision
Program features
The changing scope of corporate America has led to more frequent and microscopic accountability of performance results for investment professionals who are at the mercy of the economy, investors and state and regulatory agencies. Many find themselves under intense scrutiny as they struggle to make decisions that affect the funds they manage and their clients' portfolios.
We provide adviser and/or fund insurance programs that can cover investment funds, investment advisers, management and employees of both the fund and/or adviser in the event of a claim arising from professional negligence and/or actions or decisions made in their capacity as leaders and decision makers. Customizable comprehensive insurance is available, covering a fund, an adviser or both and protects them against professional indemnity (PI) and/or directors and officers (D&O) claims and against the risk of large financial losses.
Program features
A general partnership faces unique risk exposure because the owners are personally liable for any legal action the company may face. In this partnership, each partner shares equally in both responsibility and liability.
We Provide liability insurance for general partners in their day-to-day activities, overseeing their limited partnerships and other investment and/or operating vehicles. We offer protection to general partners in lawsuits alleging a breach of duty, neglect, error, omission and/or misstatement or other wrongful acts that may be brought against them by their limited partners or third parties.
We customize coverage for the individual general partners, the entity general partners and/or the limited partnership.
Program features
Comprehensive D&O insurance programs that allow corporate leaders to proceed confidently with their business visions.
Employment practices liability insurance protects employers from claims made by employees for harassment, discrimination and more.
Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.