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Private Equity Advantage

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Target Classes

Private equity firms that have strong management, a sophisticated institutional investor base and are focused on investments in Canadian portfolio companies.

Generally Excluded from Appetite

Private equity companies focusing on investing in portfolio companies that are involved in initial coin offerings, U.S. based Cannabis operations or are U.S. traded

Policy Highlights

  • Insured organization coverage for professional services, employment practices claims and securities claims
  • Indemnified and non-indemnified coverage for insured persons serving on portfolio companies and non-profit entities
  • Fraud/willful violation exclusion – final, non-appealable judgment or adjudication language
  • Predetermined allocation for defence costs with “floor language”
  • Policy is non-cancelable except for non-payment of premium or mutual agreement between Liberty and the parent organization
  • Broad definition of professional services
  • No exclusion for Canadian publicly traded companies

Capacity

Up to $15 million

The Liberty Difference

  • Dedicated underwriting team in Canada offering local service in both English and French and understanding of Private Equity operations for our target market
  • Client focused underwriting team that understands complex risks and are dedicated to providing unparalleled service
  • Strong claims reputation for mutual cooperation and sophistication in Canada with a claims team staffed with lawyers

Why Liberty?

  • • A.M. Best Financial Strength Rating ‘A’ (Excellent); S&P rating of ‘A’ (Strong)
  • • Efficient cross-border capabilities
  • • Established Canadian market presence for over 25 years
  • • Access to Liberty Mutual’s extensive international network
  • • Local underwriting authority
  • • Local risk engineering and risk control experts
  • • In-house claims service team