What we offer

A bold solution for Private equity firms covering the whole life cycle of an investment portfolio, from purchase to exit and everything in between. Transparent pricing, automatic, faster renewals, reduced admin and long term client certainty, enables Private Equity directors to focus on their growth ambitions. 

Directors & Officers Side AB cover with a long term partnership approach for private equity portfolio companies

Cover
Protection for directors and officers, as well as other individuals, including coverage for:

  • Regulatory and internal investigations
  • Data breach
  • Environmental claims
  • Health and safety claims
  • Insolvency hearings
  • Extradition 
  • Damage to reputation
  • Freezing of assets and disqualification


Full limit mitigation costs cover Protection for the company, for costs relating to payments made to indemnify individuals.

How can we help

Directors & Officers Side AB
This cover is for individuals and organisations, for claims brought against directors and officers. A Side C option is also available upon request.  

PE Investment Lifecycle

Key product features

Continuous automatic renewal clause as standard​
An average portfolio investment company runs from 4-7 years. Renews with minimum input required until the private equity firm is ready to exit. No proposal form or financials needed for automatic renewal. ​

Any one claim as standard​
Limits provided for any one single event (except in the event of bankruptcy), if the worst happens and multiple events occur then we are with you. ​

Roadshow extension​
Planning an initial public offering, your roadshow is covered! (ex US) We also offer 60 days IPO cover while you get on with your offering, side C and POSI cover options available upon request (for an AP)  ​

Legal advice helpline in partnership by DAC Beachcroft​
We offer a 1 hour free helpline to get independent legal advice from a leading law firm DAC Beachcroft Welcome 

Who we can help

  • Limits available: USD25m
  • Environmental, social, and governance (ESG) capacity available if eligible 

This is part of a Private Equity Portfolio of products available at Beazley

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The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

The founder and former CEO, a minority shareholder, brought a claim under s.994 of the Companies Act 2006 seeking relief on the ground that the company’s affairs were being conducted in a manner that caused him prejudice. The private equity company appointed directors and the private equity company were named defendants in the litigation. It was alleged that the defendant directors withheld information including company accounts, excluded him from the management of the company in breach of a shareholders agreement and used company assets for the benefit of the private equity company, to the detriment of the insured portfolio company.

A claim was brought by the former CEO of a company acquired by a private equity firm. The former CEO alleged that he lost his job and suffered various other loss by reason of being a whistle-blower. He sued not only the portfolio company but also the private equity company. His claim was for over GBP 200 million, although this was heavily exaggerated. 

Your Beazley Team

 

Nicholas Tey

Nicholas Tey
Underwriters

Nicholas Tey

Regional Manager, Asia - International Financial Lines

Singapore

+65 6597 2631 Email Nicholas Tey View profile

Clara Han

Clara Han
Underwriters

Clara Han

Underwriter - Financial Lines

Singapore

6565972633 Email Clara Han View profile

Mike Lu

Mike Lu
Underwriters

Mike Lu

Underwriter - Financial Lines International

Singapore

+65 6597 2644 Email Mike Lu View profile

Wei Xiang Yeo

Wei Xiang Yeo
Underwriters

Wei Xiang Yeo

Assistant Underwriter - International Financial Lines

Singapore

+65 6597 2615 Email Wei Xiang Yeo View profile

Hatty Monro

Hatty Monro
Underwriters

Hatty Monro

Underwriter – Financial Lines, International

Singapore

+65 6597 2608 Email Hatty Monro View profile