Type: Corporate Insurance | Category: Liability Insurance
Learn more about the POSI (Public Offering of Securities Insurance) policy.
A specialised D&O cover taken when a company is going for IPO, FPO, rights issue, or private placement — to cover liabilities arising from misstatements in offering documents.
POSI protects directors and stakeholders during public fundraising events from liabilities due to misstatements or non-disclosure. It is crucial for any IPO-bound company.
The policy covers liability claims arising from errors, misstatements, or omissions in offering documents or disclosures made during the fundraising process. It protects the company, its directors, and the investment bankers/underwriters from investor lawsuits and regulatory scrutiny.
Companies preparing for IPO/FPO, Startups entering public markets, PE/VC-funded firms doing equity placements
Request a free consultation for the POSI (Public Offering of Securities Insurance) policy.