A public offering of securities involes a prospectus. The company issuing securities as well as its board of directors and executive management are signatories to the prospectus. Should the prospectus be misleading or inadequately describe the risks connected with the offering, the issuing company and the physical persons signing the prospectus may face claims from new investors, current shareholders and regulators.
In order to transfer this risk and enable management to focus on the company’s core business rather than potential claims and the subsequent personal financial default such may lead to, companies purchase SOLI insurance.
A RiskPoint SOLI insurance covers defence costs, many of the other costs related to a law suit and any damages the insured persons and the issuer are held liable for in relation to the prospectus.
Excess on Nordic based companies.
Primary on Nordic based companies
Professionel sport, Cryptocurrency, Initial Coin Offerings (ICO)