Fund Sentinel is a fund directors’ & officers’ liability (D&O) insurance policy specifically designed to offer broad coverage, at competitive premiums, with a quick and simple purchasing process.

 

Key elements of the cover provided by Fund Sentinel include:

 

Market leading wording. A wording policy specifically designed to protect directors and officers of funds.

 

Market leading insurers Pembroke and Markel.
Lloyd’s of London insurers with S&P A+ rating and first class claim service.

 

Primary Basis of Policy. Fund Sentinel will pay primary, no questions asked. Insurers cannot look to other insurance policies to pay first.

 

Non-avoidance. Insurers are unable to avoid paying a claim that should have been notified under a previous policy, unless fraud is proven in a court of law.

 

No sub-limits on any policy extensions (other than NED additional limit extension above 10m of D&O cover) meaning you benefit from the full limit of cover no matter what the claim.

 

Only 3 exclusions for fund D&O cover. Broadening coverage and giving you greater confidence that your claim will get paid.

 

Significantly reduced deductibles for claims originating from the US/Canada so if the unforeseeable occurs, you pay less toward a claim.

 

Lifetime retired directorship cover giving you peace of mind when you decide to resign from the board.

 

Additional independent NED cover. More cover for nonexecutive or independent directors when the main limit is exhausted.

 

Pre-investigation and investigation costs. Full limit of cover provided before an investigation has formally been commenced and throughout the investigation.

 

Additional extensions to cover. Personal liability for corporate taxes, self-reporting costs, derivative investigation costs, corporate manslaughter, and more.

 

Restricted notification provision giving you comfort that cover will be provided should you be prevented from disclosing the existence of a claim.

 

Difference in conditions clause. By moving your insurance to Fund Sentinel, this guarantees you will not have any reduction in cover from your previous policy.

 

Ability to include D&O cover for the manager. The manager can be included at significantly reduced premiums (where there is one fund) instead of purchasing separate manager cover.

 

Ability to include entity cover for the fund avoids potential complications with insurers denying cover when the claim is brought directly against the fund.

 

Become a member of Sentinel. Gain increased leverage with insurers and benefit from fund insurance analytics and sector updates to help guide you through the insurance purchasing process.

 

Get in touch today

To discuss Fund Sentinel and your D&O requirements contact our team today:

Nick Bachmann
T. +44(0)7984 350 500
Nick.Bachmann@edbroking.com