By providing immediate and adequate coverage, IPO Select™ mitigates this risk and offers financial security to protect the investment.
Mahwah, NJ (PRWEB) June 09, 2011
Exceptional Risk Advisors, LLC, an industry leader in high limit specialty insurance products, is introducing IPO Select™, a unique insurance solution providing significant liquidity 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 the critical component in attracting investors when a company is preparing to go public. But heading out on an extended Road Show, one that could also include venturing overseas, presents perils, including accidental death and disability. Either circumstance could threaten to derail a public offering.
Traditional accident and disability carriers lack the underwriting capacity to adequately protect these key executives. Yet, with IPO Select™, coverage is available up to $100 million for each insured person for accidental death and disability. 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,” comments Edward A. Tafaro, CEO of Exceptional Risk Advisors, LLC. “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 this risk and offers financial security to protect the investment.”
As a Managing General Underwriter for Lloyd’s of London, Exceptional Risk Advisors’ expertise lies in insuring complex human capital risks for highly successful individuals and corporations. With the ability to write in excess of $100 million of disability protection per insured, Exceptional Risk Advisors provides elite insurance brokers the solutions to appropriately cover those in need of excess and exceptional risk coverage. For more information, visit http://www.ExceptionalRiskAdvisors.com.