D&O and fund-level insurance for private equity firms.
GP/LP liability, portfolio company D&O, and fund-level coverage for emerging and middle-market managers. Lower broker commissions and 24-hour turnaround.
Why Delegance Brokerage
Achieve an average of 60% reduction in commission costs.
Most brokers bake 15–20% commission into your premium. We negotiate ours down and shop the risk across the carriers actually competing for your class. Identical coverage, lower spend.
Reduction in broker commissions vs traditional firms
Annual savings for our largest single client
From submission to quotes back, on most classes
How it works
Onboard in minutes. Quotes in 24 hours.
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Save up to 60% on broker commissions vs traditional PE specialty brokers.
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GP/LP wording, side letters, and key-person endorsements reviewed against the LPA, not approximated.
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Portfolio company D&O placement coordinated alongside management-company coverage for cleaner tower structure.
Carriers we shop in Private Equity
Coverage
What we quote in Private Equity
Management Company D&O
GP entity D&O with side-letter compliant wording.
Fund-Level Liability
Investment management insurance covering trustee/board exposures at the fund level.
Portfolio Company D&O
Co-ordinated placement across portfolio companies for consistent terms.
Employment Practices Liability
For management-company staff and portfolio-company exposure.
Cyber Liability
Fund-data and portfolio-company aggregated cyber program.
Crime / Fidelity
Wire-fraud, employee dishonesty, computer fraud at fund and management-company level.
Frequently Asked
Private Equity insurance questions, answered.
What does private-equity insurance typically cost?
Premium depends on AUM, fund vintages, strategy, LP composition, GP headcount, portfolio-company count and industries, and prior claim activity. An emerging-manager fund I quotes very differently than a multi-strategy shop with seven active funds. Final cost is subject to underwriting and the carriers writing investment-management risk.
How does GP/LP wording affect my D&O coverage?
The D&O policy must align with the LPA and side-letter obligations — particularly around insured persons, definition of wrongful act, exclusions for prior acts, and severability between the GP, the management company, and individual partners. Stock D&O wording often misses key-person and side-letter compliance language, which is exactly where claims emerge. We review the actual LPA against the policy form before bind, not after.
Do portfolio companies need their own D&O?
Yes. Each portfolio company runs its own D&O placement covering its own board and officers, and the GP-side D&O does not extend down. A coordinated tower across the management-company D&O, fund-level liability, and portfolio-company D&O programs gives consistent terms, fewer gaps, and cleaner defense in a multi-party claim. Coverage is subject to underwriting per portfolio company.
What policies does a PE firm need?
A typical PE program includes Management Company D&O, Fund-Level Liability, coordinated Portfolio Company D&O, EPLI, Cyber, and Crime/Fidelity for wire-fraud and employee-dishonesty exposure. Coverage is subject to underwriting and depends on fund structure, strategy, and LP requirements.
How fast can I get a Certificate of Insurance for an LP or service provider?
Standard ACORD 25 certificates issue in seconds through the portal, ChatGPT, Claude, Slack, email, or phone. Custom holder language (additional insured, waiver of subrogation, primary and non-contributory) is typically produced within minutes after a licensed broker confirms the wording. There is no per-COI fee.
How does Delegance reduce broker commissions?
Routine work — intake, COIs, endorsements, policy Q&A, renewal triage — runs through Orin, our insurance-specialized language model. Licensed brokers focus on judgment work like carrier selection, complex coverage, and claim advocacy. Across the customer base we average a 60 percent reduction in broker commission cost versus a typical PE specialty broker. That is an average, not a guarantee.
See what your number looks like.
Send your current declarations page or answer a few questions. We'll have quotes from the carriers competing for your class within 24 hours.
No call required. A licensed broker reads every submission.
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Same conversation across every channel.
Other industries we serve
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