General Partner Liability Insurance provides protection of general partners in lawsuits alleging a breach of duty, neglect, error, omission, and/or misstatement or other wrongful acts.
In the rapidly evolving world of digital assets, GPLI is essential for fund managers to protect themselves from personal liability related to their business. Without it, partners can be held personally responsible for business debts, legal claims, and other liabilities, putting their personal assets at risk.
Claims arising from failure to perform professional duties as a financial advisor.
Claims arising from failure to perform duties as the director or officer of the fund company.
Liability from with insured persons serving on an outside position, most likely associated with a portfolio company.
