The object of this cover is to give companies the opportunity to ring-fence the significant and long-term exposure presented by securities offerings. It is a standalone, transaction specific policy focused on providing a tailored solution and protecting the traditional directors and officers policy limits to respond to ongoing matters.
The policy is a once only purchase with a period of validity to coincide with the statutory limitation period for bringing claims.
FEATURES & BENEFITS
Companies of any size who are thinking of, or are the process of, listing on a stock market or offering securities publically.
Prospectus Offering Securities Insurance policies are short-term products and are underwritten by AIG South Africa Limited, FSP No: 15805