1st Floor
International House
1 St Katharine's Way
London E1W 1UN

Tel: 020 7264 0545
Fax: 020 7264 0544
Email enquiries

• Introduction
• Professional Indemnity Insurance
• Directors and Officers Insurance
• Legal Expenses Insurance
• After The Event Insurance
• Public Offering of Securities Insurance
• Warranty and Indemnity Insurance
• Liability and Property Insurance
• Pension Trustee Liability Insurance
• Financial Services

Public Offering of Securities Insurance

Whenever companies issue a prospectus to raise capital such as initial public offerings (IPOs) public debt issues or rights issues, they are exposed to civil and criminal liabilities regarding the accuracy of their statements. Parties as diverse as shareholders, both former and current directors and industry regulatory bodies may bring actions. Any resulting liabilities may threaten the company itself, the directors who signed the prospectus, the underwriters, as well as any selling or controlling shareholders.

POSI is a single purchase product that lasts for the duration of the liability period and therefore ring-fences any exposures associated with the transaction. Cavendish Munro understands that in addition to other key insurances POSI cover can be vital in protecting clients from serious risk.