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NEA Portfolio Program
NEA, in
conjunction with Marsh USA Inc. and Goodwin Procter, has created a "turn-key"
Executive Protection Insurance Program for NEA's portfolio companies. The
program is offered by property and casualty insurance companies of the Hartford
Financial Services Insurance Group, Inc. and
provides state of the art terms and conditions for the following lines of
coverage: Directors' and Officers' Liability (D&O), Employment Practices Liability (EPL), Fiduciary Liability,
Crime, and Special Risk (K&R).
Click here for a description of the coverages.
The benefits
for the NEA portfolio companies who choose to participate in this program
are:
State of the art coverage terms* – Portfolio company participants will not have to independently negotiate the terms of the
policy. NEA, Marsh and Carl Metzger at Goodwin Procter have already done this on your behalf. (The Hartford is not an affiliate
of NEA or the Marsh companies.)
Individual, stand alone policy – Each portfolio company will have
its own dedicated stand alone policy.
Effective claim settlements – In a claims scenario, the portfolio
company will enjoy prompt and professional treatment of claims. Marsh's Claim Advocates will provide
claims management assistance to help guide insureds through the claims process.
Power of the program – Dynamics of group participation of NEA portfolio companies can assist in the efficient
handling of claims and will help achieve effective outcomes for the individual insureds.
Contact Information
* subject to underwriting approval |
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