BRP Group Inc. said Monday it would begin offering coverage for activities and operations in the private equity and venture capital sectors.
The industry verticals will support both buy-side and sell-side transactions, including transaction risk and due diligence, advise venture firms on protecting their investments and partners’ personal assets, and build private equity and venture capital insurance programs, a BRP statement said.
Available coverages will include corporate level property/casualty insurance for global exposures; directors and officers and professional liability; outside board responsibility and responsibility for employment practices; and cyber liability.
Liability insurance for portfolio company directors and officers and other management liability insurance will also be available, as will property/casualty coverage and insurance audits, the statement said.
Private equity and venture capital practice leaders include Travis Holt, senior partner, senior vice president of private equity; Pam Mason, senior partner, senior vice president of venture capital; John Warren, senior partner, senior vice president of private equity; and Lidore DeRose, senior partner, senior vice president of transaction risk.
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