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Key Insurance Types for Private Equity Firms

To effectively manage risks, private equity firms should consider several types of insurance. Directors and Officers (D&O) insurance is essential, as it protects the personal assets of the firm’s executives in the event of legal action. Additionally, Errors and Omissions (E&O) insurance covers the firm against claims of negligence or inadequate work. Cyber insurance is also increasingly vital, given the rise in data breaches and cyber threats that can compromise sensitive information.