BRP adds coverages for private-equity, venture-capital sectors

BRP Group Inc. said Monday it would begin offering coverages for activities and operations in the private-equity and venture-capital sectors.

The industry verticals will support both buy- and sell-side transactions, including transaction risk and due diligence, advising venture firms on protecting their investments and partners’ personal assets, and building insurance programs for private equity and venture capital, a BRP statement said.

Available coverages will include property/casualty insurance at the firm level for global exposures; directors and officers and professional liability; outside directorship liability and employment practices liability; and cyber liability.

Portfolio company directors and officers liability and other management liability insurance will also be available as well as property/casualty coverages and insurance audits, the statement said.

Among the leaders of the private-equity and venture-capital practices are Travis Holt, senior partner, senior vice president of private equity; Pam Mason, senior partner, senior vice president of venture capital; John Warren, senior partner, senior vice president of private equity; and Lidore DeRose, senior partner, senior vice president of transaction risk.