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Insurance for Investment Managers (IMI)
Characteristics
It is a civil liability insurance that aims to cover the personal assets of directors and administrators (third parties) in relation to personal liability while acting on behalf of Managers (Private Equity and Assets Management) and Investment Funds.
Its main coverage is the same as D&O Insurance with two important coverage extensions.
⦁ E&O (FIPI) – Professional Civil Liability
⦁ EPL (Employers Practices Liability) – Improper Labor Practices
In addition to offering coverage to all investees to which the insured person acts on behalf of the company.