Protection for Leaders Against Claims of Mismanagement

When shareholders, regulators, or competitors sue your leadership team personally, D&O coverage responds. Critical once you have investors, a board, or public company aspirations.

What’s Covered

01

Side-A Protection

01

Direct coverage for individual directors and officers when the company is unable or unwilling to indemnify them — bankruptcy, regulatory prohibition, or insolvency. Protects personal assets when the corporate veil fails.

02

Side-B Reimbursement

02

Coverage that reimburses the company for indemnification payments made to protect individual directors and officers. Keeps corporate balance sheets intact while defending leadership.

03

Side-C Entity Coverage

03

Protection for the company itself when named alongside directors in securities claims. Critical for IPOs and public companies where the entity faces direct litigation.

04

Regulatory Investigation Costs

04

Coverage for SEC inquiries, state attorney general investigations, and regulatory actions before formal charges are filed. Legal costs mount quickly even when no wrongdoing is ultimately found.

How Velora Does It Differently

01

Tail Coverage Management

Tail Coverage Management

When founders leave, companies sell, or boards turn over, tail coverage protects against future claims from past decisions. We structure and negotiate tail provisions that actually protect departing leaders.

02

Pre-Deal Diligence

Pre-Deal Diligence

For M&A transactions, we review D&O programs early — identifying run-off needs, change-in-control provisions, and coverage gaps that could delay closings or expose sellers.

03

Side-A Enhancement

Side-A Enhancement

We structure robust Side-A protection with dedicated limits that don't erode when the company indemnifies. Critical for personal asset protection when indemnification is prohibited.

04

IPO & Public Company

IPO & Public Company Readiness

As companies approach public markets, D&O requirements intensify. We scale coverage through the private-to-public transition and ensure SEC disclosure protections are in place.

D&O coverage protects personal assets

but standard policies often exclude regulatory investigations, have inadequate Side-A limits, and leave former directors exposed post-departure. Velora structures D&O programs that protect leadership through board service, M&A transitions, and career moves — with coverage that responds when careers are on the line.

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Broker of Record Authorization

We’ll prepare the required BOR form(s) based on your carriers and coverage.

  • We email you the BOR form(s)
  • You review and e-sign
  • Velora submits to carriers on your behalf
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  • We’ll confirm receipt of signed BOR
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  • You’ll receive initial findings and recommendations
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