GPL covers the liabilities of the general partners within limited liability partnerships. This unique insurance is tailor made for venture capital and private equity organizations.

The Risk:

Being trusted to handle private and/or institutional investors’ cash can leave partnerships open to a barrage of claims if investors do not feel that management is acting responsibly with their capital. There is also outside directorship exposure, which may leave directors exposed to areas including securities claims, third party and co-investor claims. Another large exposure for possible litigation is when a portfolio company wants to "Exit", i.e. going public, merging or being acquired.

Another example of day-to-day exposure for the individuals managing funds is the managerial decisions they make and the professional services they provide in the ordinary course of business.

The Solution: 

Combining "Directors and Officers Liability Insurance" with "Professional Indemnity Insurance", to cover all aspects of a partnership. Thus all entities and individuals of the fund will be covered, including the general partner(s), the management team, outside director(s) of portfolio companies and the advisory board/committee, protecting them from claims made by investors, portfolio companies, auditors, staff and third parties.

Our top professional team provides you with the best service and knowledge in the market, dealing with all GPL inquiries, in one of the most complicated insurance fields.