Novo Insurance - Professional Insurance Services

POSI (Public Offering of Securities Insurance)

Type: Corporate Insurance | Category: Liability Insurance

Policy Details

Learn more about the POSI (Public Offering of Securities Insurance) policy.

POSI (Public Offering of Securities Insurance)

Description

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.

What is This Policy?

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.

What is Covered

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.

Who Should Buy

Companies preparing for IPO/FPO, Startups entering public markets, PE/VC-funded firms doing equity placements

Key Features

  • Covers directors, underwriters, and the company
  • Protects against investor claims post-offering
  • Issued for the offering period (not annual)
  • Replaces D&O for that specific transaction

Get in Touch

Request a free consultation for the POSI (Public Offering of Securities Insurance) policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com