Dual responds to recovery of financial markets and increase in 2011 listings
Specialist underwriting agency DUAL Corporate Risks has launched a new standalone product for public offering of securities insurance (POSI).
The product covers directors, officers and other assureds from claims arising out of any listing documentation relating to a Public Offering, with Limits of Indemnity up to £10m.
Capacity is being provided by Arch and Hiscox in line with the company’s other primary D&O and financial lines products.
It is available to UK & Irish listings only.
Jennifer Martin, underwriting director (financial lines) at DUAL, said: “This is yet another development in our overall proposition for our clients and brokers."
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