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AIG Australia > For Businesses > Management Liabilities > Prospectus
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What is it?
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CorporateGuard Prospectus Liability Insurance allows protection for companies and
their directors from the risks involved with capital raising.
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Why do you need it?
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The offering of securities for issue or sale means significant increases in liability
exposures for the company and its directors and officers.
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Who needs it?
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Any company involved in a public offering of securities or private placements by
corporate organisations.
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Why use AIG Australia ?
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Since early 2003 we have been offering a specialised stand-alone Prospectus Liability
Insurance policy for Australian companies involved in a capital raising. This allows
the premium to be capitalised as part of the cost of the fundraising and also allows
for the ring fencing of prospectus liability exposures to avoid the depletion or
exhaustion of any indemnity limits available under any separate D&O Insurance policy
held by the insured. Our Prospectus Liability Policy also provides 'entity' cover
for the Company and not just the directors and officers.
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AIG Australia also offers access to the CorporateGuard Advisory Panel for limited
free advice on matters that relate to the cover provided by the Prospectus Liability
Insurance policy.
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Find out more
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Click here to view the CorporateGuard Prospectus Liability Product Profile.
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CorporateGuard Advisory PanelTM
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BusinessGuard Advisory PanelTM
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