Endorsements

Portfolio company endorsement wording and examples

A portfolio company endorsement can change how a policy defines or treats an entity held in an investment portfolio. The examples change definitions in different ways and do not themselves establish coverage.

Coverage classification

Form type
Endorsements

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Portfolio company endorsement forms compared by Intent, Coverage context, Conditions and limits
FormIntentCoverage contextConditions and limits

Travelers Casualty and Surety Company of America

Portfolio Company Endorsement

CYB-19110 Ed.01-19

Cyber Liability

Adds a definition of portfolio company and modifies the subsidiary definition.Defines a portfolio company by a pooled investment vehicle’s debt, equity or convertible security interest.States that subsidiary does not include a portfolio company; it does not itself establish coverage for every portfolio company.

Endurance Assurance Corporation

Investment Adviser and Fund Liability Portfolio Company Added Endorsement

FCAP 3201 1025

Investment Adviser and Fund Liability

Adds identified entities to the definition of portfolio company.Applies only to claims for wrongful acts on or after the date, if any, shown opposite the entity.The specimen entity and date fields are blank; other policy conditions remain relevant.

Notable clauses

“Does not include a Portfolio Company.”

Travelers Casualty and Surety Company of America · Portfolio Company Endorsement · CYB-19110 Ed.01-19

Subsidiary definition. The endorsement adds this limitation to the definition of subsidiary.

“only with respect to Claims for Wrongful Acts taking place on or after the date, if any, that is shown opposite the name of such entity”

Endurance Assurance Corporation · Investment Adviser and Fund Liability Portfolio Company Added Endorsement · FCAP 3201 1025

Scheduled entities. The endorsement adds entities subject to the specified timing condition.

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