Public Policy
Avoid a pre-IPO disaster by getting the right financial insurance.
Getting ready to take your company public? Then you've probably got a lot on your mind, but have you thought about what could happen to your IPO if some problem within your organization leads to a lawsuit and you don't have the appropriate insurance in place to protect your assets?
Having a solid financial insurance portfolio in place well in advance of your IPO filing can make the difference between a successful leap to publicly held status and the ignominious ruin of all you've worked for, says James R. Lopiccolo of MDM Financial Risk Insurance Brokers in Los Angeles. You need to be certain you won't sustain an economically devastating uninsured loss as you move forward with your IPO, and standard commercial general liability policies may leave critical gaps in your coverage.
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