The product offers long-term, tailored and transparent solutions across the entire investment lifecycle
Specialist insurer Beazley has announced the launch of a new private equity liability insurance product. The tailored product is designed to focus on the inherent D&O risks within the long-term lifecycle of portfolios held by private equity firms.
Across the full lifecycle of investments, private equity firms and their directors face a host of challenging boardroom risks. Beazley’s new private equity liability product covers the lifecycle of portfolios – from the purchase of an asset through to the exit strategy.
The policy includes transparent pricing, automatic renewal clauses and reduced administration to enable private equity directors to focus on their growth ambitions.
Emma Pereira, Product Leader – International Management Liability at Beazley, commented: “Private equity firms and their directors require specialist D&O cover, and this product brings a unique approach to the sector. Our market-leading D&O policies bring confidence and peace of mind – and with this product we can provide our private equity customers with a leading D&O risk mitigation solution.”
Beazley remains well placed to cater for the entire spectrum of insurance needs in the private equity sector, with its complementary Cyber, Mergers & Acquisitions (M&A) and SME D&O cover for portfolio firms. Post exit, it can offer D&O cover for publicly traded companies through its leading International Management Liability team.
The new product is available via the London Market and worldwide (excluding US domiciled businesses).
For further information, please contact:
T +44 (0)207 674 7517
E emily.rogers [at] beazley.com
Note to editors:
Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages six Lloyd’s syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9m. All Lloyd’s syndicates are rated A by A.M. Best.
Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.
Beazley’s European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: beazley.com