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.
The online portal makes it very simple to generate fund insurance quotes and buy-and-bind policies, with immediate effect, in a matter of minutes.
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. Lloyd’s of London insurers with S&P A+ rating and first class claim service.
- Primary Basis of Policy. Meaning the policy will respond in the first instance in event of a claim.
- Central repository. All quotes and documentation are provided via email and are accessible on the portal
- 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 non-executive or independent directors when the main limit is exhausted.
- 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. Insurers will pay on behalf of the company for any claim arising against the entity rather than a director or officer.
- Ability to cover GP/LP structures – including professional indemnity insurance. Fund Sentinel has been specifically developed to provide a General Partner (“GP”) with seamless protection against all exposures faced when operating in the context of a limited partnership structure.
- 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.
To get an indication, please go to https://sentinel.insure-tek.com/
Get in touch today
To discuss Fund Sentinel and your D&O requirements, contact our team today.