Hsbc Adds D&O Insurance to Menu

Summary


LONDON (HedgeWorld.com) - HSBC Alternative Fund Services is offering directors-and-officers insurance and professional indemnity insurance to its hedge fund clients as part if its expanding administration services.

The insurance is offered through HSBC Insurance Brokers Ltd. and is underwritten by a panel of insurers. The policy protects the personal assets of fund managers and company reimbursements. Professional indemnity insurance is for the fund, while D&O insurance is strictly for the fund investment adviser and manager.

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Hsbc Adds D&O Insurance to Menu

According to a news release, the insurance is b...

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