Raising capital through a public offering presents a range of risks for an organisation and its directors; Public Offering of Securities Insurance can bring peace of mind.
Our Public Offering of Securities Insurance (POSI) policy protects a company and its directors against liabilities arising from offering the company’s securities for sale and listing on a public stock exchange.
Publishing an offer document and creating marketing presentations when offering a company's securities for sale open up the company and its directors to the risk of litigation if the securities' performance is not in line with expectations.
The protection afforded by a POSI policy could mean the difference between carrying on as a going concern if an investor or regulator were to bring an action, or having serious cash flow and financial provisioning issues.
We know that one size doesn’t fit all so we take a flexible approach to the underwriting process.
Our underwriters are empowered to make decisions and will work hard to understand your challenges and opportunities, putting together cover that suits your precise needs.
Our team has in-depth expertise across a range of complementary covers, including Directors’ and Officers' Liability, Commercial Crime and Pension Trustees’ Liability
Director of Financial Lines