BRP Group, an independent insurance distribution firm delivering tailored insurance solutions, has collaborated with Nasdaq to offer tailored directors and officers (D&O) liability insurance programmes and solutions for companies listed on Nasdaq through its subsidiary, AHT Insurance.
AHT Insurance provides property and casualty, employee benefits, retirement, personal and international services for clients, and has specialised in providing D&O insurance services.
Previously, AHT Insurance has created programmes for Nasdaq listed companies, initial public offerings (IPO), and special purpose acquisition companies (SPAC) that incorporate both corporate governance initiatives and captive insurance risk transfer solutions.
“We’re thrilled about our new collaboration with Nasdaq,” says Trevor Baldwin, BRP Group’s CEO.
Baldwin continues: “BRP Group and AHT have deep expertise and experience in providing solutions that can meet the needs of the high-growth companies on The Nasdaq Stock Market.”
Mike Tomasulo, AHT’s national management liability practice leader, notes: “D&O Insurance has become a major budget item for public companies, especially IPOs and SPACs.”
“We understand that companies are looking for new and creative solutions to help them manage these increasing costs while also securing best in class coverage,” he concludes.
