Public Offerings of Securities Insurance
Publishing an offer document or creating marketing presentations during a public securities offering exposes a company and its directors to potential litigation if the securities’ performance does not meet expectations.
Public Offering of Securities Insurance (POSI) provides protection to the company and its directors against liabilities arising from the offering of the company’s securities for sale and listing on a public stock exchange. This policy safeguards companies against significant and long-term exposures that may arise from securities offerings.
At Securisk Insurance Broking Pvt. Ltd., our dedicated team of professionals combines in-depth expertise and market experience to design solutions that protect our clients from unforeseen risks while optimizing costs.
Key Coverage
Liabilities covered include actual or alleged:
Breach of duty
Breach of statutory duty
Breach of trust
Breach of warranty or authority
Neglect or error
Misstatement or misleading statement
Any other wrongful act or omission arising from a public offering of securities