Public Offering of Securities Insurance

Public Offering of Securities Insurance

The Indian capital markets are witnessing unparalleled growth as corporate India is all out to leverage this prospect to raise funds and accomplish corporate objectives. Nevertheless, this greater than before market exposure leads to increased stakeholder litigation, and thus the increasing awareness of the responsibilities on the directors and officers of companies.

This holds exceedingly true when the company makes a public offering of its securities, by way of debentures, bonds, etc. Signatories of a public prospectus have personal accountability for its contents and could therefore be found personally liable for the losses of securities arising from misrepresentations within the prospectus. Public Offering of Securities Insurance or Initial Public Offering Insurance indemnifies insured’s against securities claims and provides cover for the wrongful acts of, the company and its directors and officers arising from the issue of a prospectus, the underwriter or sponsor of the issue and third parties associated with the issue. Shareholders, investors and analysts have always examined the prospectuses of companies raising capital for Stock exchange listings, mergers, expansions, etc. The inspection does not stop once the transaction has been completed as yes they want to know how well public money has been invested, all this in an unforgiving environment.


We provide solutions which covers
Claims arising out of:
  • Directors and Officers prospectus liability.
  • Company Reimbursement arising from prospectus claims.
  • Entity Securities coverage for equity or debt issues and for initial, secondary offerings or private placements.
  • Defense costs arising out of prospectus/ listing particulars liability.
  • Controlling and Selling Shareholders prospectus liability.

INDUSTRY NEWS