Initial Public Offering (IPO) Insurance
Supporting the next phase of growth
As scrutiny for a company going from a private to a publicly listed entity increases, exposure increases. Among these are additional reporting requirements – with greater public attention – and requirements to work in the best interests of security holders and wider stakeholders.
Company directors and officers have specific duties associated with their positions, particularly for an initial public offering (IPO). If they are found to have acted outside of their job description or terms of reference, or if they have been negligent, they may be charged with civil, criminal or regulatory penalties. A directors and officers (D&O) policy that includes IPO cover helps to cover the costs associated with defending individuals, if litigation arises.
Our appetite
We cover
These fall within our appetite, and we’re happy to discuss details.
- Advertising
- Agriculture
- Airlines
- Automotive
- Chemicals
- Construction
- Consultancy
- Engineering
- Food and beverage
- Hotels
- Housing
- Industrial machinery
- Logistics
- Manufacturing – general
- Manufacturing of metals/metal products
- Manufacturing of plastic/plastic products
- Mining
- Oil and gas
- Paper/packaging
- Property developers
- Real estate
- Research and development
- Retail clothing
- Retail consumer durables
- Steel and speciality metals
- Technology
- Textiles
- Transportation
- Utilities
We’ll consider
We may need more information to confirm a fit.
- Gambling and betting
- Legal activities
- Medical and social care
- Pharmaceutical and life sciences
We do not cover
Sorry, we’re currently unable to insure the following.
- Medical marijuana
- Professional sport
- Religious or political organisations
- Tobacco
- Weapons
IPO D&O covers & highlights
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Available on an aggregate basis
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Broad definition of wrongful act
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Cover available for directors and officers who have retired or resigned
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Crisis event expense cover
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Directors and officers, and company reimbursement
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Deprivation of assets coverage
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Emergency defence costs coverage
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Extradition proceedings
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Insured person public relations expense coverage
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Includes securities entity coverage
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Outside entity directors cover available to individuals in the position of directorship
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Reputation protection expenses coverage
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Security holder derivative demand or action investigation costs
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Supplemental non-executive director limit of liability
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Warranty-free policies
Related products
Management liability
When losses and lawsuits pose professional and personal risks to a company’s leaders, management liability insurance can help them stay focused on running the business.
SME management liability package
Our online management liability package platform makes it easy to quote and bind coverage instantly, enabling our broker partners to quickly get broad, flexible coverage tailored to specific needs.
Directors & officers
Travelers offers broad, flexible directors’ and officers’ insurance through our expert underwriting team as well as our online platform.
Employment practice liability
A breach of employment law can have great financial impact on a company. If this happens, employment practices liability insurance provides protection for the covered company and its employees.
Pension & trustee liability
Significant personal liabilities can fall upon individuals performing the trustee role out of good will. Our cover is designed to protect pension trustees when beneficiaries allege the trustees breached their duty.
Commercial crime
A company’s money and property can be attractive targets for theft. We protect against direct losses caused by an employee or third party.
Public & private companies
Management liability insurance can give company leaders confidence to carry on their duties if something goes wrong. Knowing they are protected helps keep leaders focused on positive business outcomes.
Cyber
Every company faces cyber threats and risks. Cyber cover helps businesses deal with the increasing complexity of digital crime.
Let’s start the right conversation
For business
Find a broker
If you’re looking for covers and have a broker, ask about Travelers products.
If you need a broker, start with the right broker directory.
Need to call us directly? Contact us.
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