Securing Once-Elusive Capacity Fast

Situation
A well-known U.S. venture capital firm invested in a large, Dutch-domiciled telecommunications company and was gearing up for an Initial Public Offering in South Africa, with securities to be listed on both South African and London exchanges. The firm was seeking to add $30 million in limits to its $10 million D&O policy, but was finding the additional capacity unavailable via its traditional channels.

Solution
CRS brought its relationships locally in South Africa to secure the additional $30 million in limits the client desired in less than one week.

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