Posts tagged with hedge fund insurance

D&O stands for Directors and Officers Liability Insurance.  We like to call D&O insurance, decision making insurance and personal net worth insurance. Here’s why – most D&O claims for privately held firms stem from allegations that decisions made by the firm’s directors, officers, managers, members, GPs, and employees have caused an adverse financial consequence to the third

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Tags: hedge fund D&O, hedge fund insurance, hedge fund insurance NY, insurance for hedge funds, NY hedge fund insurance

Add Content Block E&O stands for Errors & Omissions insurance..... which is also known as Professional Liability.  Hedge funds commonly purchase E&O protection as part of a combined D&O / E&O policy.  Because a hedge fund's exposure to loss can be very similar between the two policy types, it's advantageous to purchase this as a combined

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Cost of Corrections or COC Coverage reimburses a hedge fund manager for the cost to correct a situation (such as an error in trading for example) that if left uncorrected would result in monetary damages to a client or shareholders of the fund; and if left uncorrected would likely also result in claim to the Errors

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Insert ImageYou're Starting Up a Hedge Fund, What Insurance Coverages Do You Really Need?Before you open the doors to your new venture, there’s a couple of basic insurance coverages you’ll need to get started, which we’ll itemize below:You’ll need a business owners policy, or office package.  Sometimes these policies are called BOP policies (short for business

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Tags: basic insurance for hedge funds, hedge fund insurance, hedge fund insurance NY, hedgefund-360, startup hedge fund insurance

Why purchase a Hedge Fund D&O / E&O Insurance?As mentioned in other FAQ blog posts on Hedge Funds, Directors and Officers Liability policies and Errors and Omissions policies are very similar in their insuring agreements, structures and exclusions.  While the policy forms are similar, they are different. (Yes, the insurance business can seem like one big

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Tags: D&O insurance for hedge funds, hedge fund insurance, hedge fund insurance NY, insurance for hedge funds, NY hedge fund insurance, startup hedge fund insurance, startup hedge fund insurance New York

Why Cyber Insurance for Hedge Funds is a Good Idea.Cyber insurance and cyber related losses are constantly in the news, but few hedge fund managers really understand what this form of insurance is really all about and why purchasing it is a good idea.  In this article we explore the coverage features of cyber insurance for

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Tags: cyber insurance for hedge funds, cyber insurance ny, hedge fund cyber insurance, hedge fund insurance, ny cyber insurance, NY hedge fund insurance, start up hedge fund insurance