Private Equity

D&O liability:

Extensions:

• Transaction fees
• Damage to reputation
• Extradition costs
• Expenses related to expulsion orders, asset freezes and disqualification orders
• Health and safety obligations
• Replacement of a key person
• Psychological assistance
• Tax examination costs
• Joint claim
• Non-separable fault
• Corporate director
• Assistance expenses related to police custody
• Investigation and prevention costs
• Consulting fees related to judicial liquidation
• Crisis management costs
• Costs of preventing financial difficulties
• Emergency expenses
• Employment-related misconduct
• Compliance and internal control manager
• Tracfin correspondent
• Founder
• Investigation, inquiry, civil, administrative or criminal investigation brought against the company
• Civil and/or administrative fines and penalties imposed on a manager

Limits: Up to €15m

Regulatory extensions :

• Costs related to regulatory procedures,
• Internal investigation costs
• Expenses related to a private warning

3 extensions per endorsement:

• Fraud (can be included in policy cover)
• Operating liability
• Coverage for the following regulated professions Life insurance intermediary, bank canvassing, financial canvassing.

The Insured (non-limitative list)

• The private equity company and its subsidiaries and their employees
• Their de jure and de facto directors
• Their representatives in portfolio companies when they are sought as de jure or de facto managers of this entity.
• The private equity company and its subsidiaries as de jure or de facto managers of their portfolio companies.
• The compliance and internal control manager
• TRACFIN correspondent.