Exceptional Risk Advisors has introduced IPO Select, an insurance solution meant to mitigate the risk of death or disability for up to three key members of an initial public offering’s (IPO) executive team.
IPO executives are critical in attracting investors prior to going public. Yet, IPO “road shows,” especially those that go overseas, can present accidental death and disability risks that could derail a public offering.
IPO Select offers accidental death and disability coverage of up to $100 million for each insured person. Coverage can be bound immediately and there is no medical underwriting.
“When key executives embark on an IPO road show in their search for investors, the weight of the offering rests on their shoulders,” says Edward A. Tafaro, CEO of Exceptional Risk Advisors. “Accidental death or permanent disability of the top executives is sure to impede the success of the offering. By providing immediate and adequate coverage, IPO Select mitigates the risk and offers financial security to protect the investment.”
For more information, see www.exceptionalriskadvisors.com.