Woodruff Sawyer has been a leader in the fund-level General Partnership Liability space since the inception of the insurance product over 30 years ago. In today’s business and regulatory environment, the venture capital, private equity, and broader financial institutions sector would not be able to conduct business without a comprehensive insurance program that protects the general partners or directors and officers of these firms from allegations of negligence and/or wrongdoing that leads to a loss.
While the regulatory environment is constantly changing, it is always a good exercise to understand the basic, core coverage modules that are critical to not only mitigating losses that could negatively affect the fund internal rate of return (IRR), but also impact the personal assets of the general partners of the funds or management companies themselves
Please see full publication below for more information.
