Investment Managers Insurance for REITs

Key Features include:

• Representation at investigations and examinations even in the absence of a specified Wrongful Act
• Automatic cover for new funds and subsidiaries
• Directors and officers who have board seats on outside entities can be covered
• Insured persons and Company reimbursement cover for defence costs arising from OH&S and pollution claims, where insurable
• Excess limit available for certain directors for unrelated claims after exhaustian of original limit
• Court attendance costs when appearing as a witness to a claim
• An 84-month discovery period for retired insured persons
• Bail bond and civil bond expenses, prosecution costs
• PR expenses for crisis containment
• Loss includes pecuniary penalties, PR expenses in connection with extradition or mitigation of adverse effects on reputation following exoneration
• Loss establishment costs to investigate, prove and report a direct financial loss under the policy.

The following industries are currently being targeted. However, other industries and occupations can still be considered upon further discussion.

Preferred Industries & Occupations

• REITs
• Asset & Investment Managers managing Property and/or Infrastructure Funds

Non-preferred Risks

• Financial Planners