When a company launches an initial public offering (IPO) and asks for money from the public, the trade-off for this responsibility is increased risk. Investors will naturally file lawsuits if a company underperforms post-IPO. Build a protective barrier with Public Company D&O Liability Insurance to safeguard assets and continue retaining and attracting top talent.
Who is it for
Public D&O is designed for public companies and companies are ready to go public. This particular D&O coverage protects them against unique vulnerabilities.
why do you need it?
Directors and officers are uniquely liable without D&O coverage, standing to lose their personal assets potentially to the point of total bankruptcy.
Regulatory investigations and fines can be covered by D&O insurance, costs that no employee could reasonably bear.
Customers, shareholders, employees, competitors, and other parties can all initiate lawsuits or class actions claiming negligence on the part of directors and officers.
Retaining and attracting top talent is difficult for publicly traded companies without D&O insurance because these well-informed individuals know how much they stand to lose if exposed.
Smaller publicly traded companies without in-house counsel may face greater exposure that requires greater protection from D&O insurance.
Directors and officers are indemnified for legal and defense costs by D&O insurance, leading to stronger overall company finances.
why get it with first cover?
Based on your needs and budget, we can come up with the most feasible solution.
Within 24 – 48 hours to receive your preliminary quote, fastest turnaround time in the industry.
No matter if you are based in Asia, Europe, or U.S., we can provide seamless solutions across all different markets!
From initial discussion to assisting you with claims, we will be with you on each step of the way!