Assurely, an Insurtech that has targeted the marketplace sector, has partnered with Dalmore Group to offer TigerMark Directors and Officers (D&O) insurance.
TigerMark is an Assurely product that provides D&O insurance and claims to be the only program on the market that covers companies raising capital via a JOBS Act exemption or investment crowdfunding. The partnership will provide all qualified companies who utilize Dalmore Group’s capital raising services an option to obtain the TigerMark D&O insurance coverage.
Dalmore Group specializes in online capital formation utilizing Regulations A+, CF, and D. The company reports that it has onboarded over 175 Reg A+ issuers since 2019. A FINRA-regulated Broker-Dealer, the Dalmore Group provides due diligence, compliance, and financial services that assist companies in raising growth capital.
TigerMark ensures that Dalmore Group clients are covered against investor claims.
David Carpentier, CEO and co-founder of Assurely, said that Dalmore focuses on execution, calling them true value creators:
“We will continue to support and partner with folks like Dalmore that are so clearly focused and committed to advancing this industry,” stated “Our partnership with Dalmore provides the best, relevant D&O policy at the best possible price; it’s as simple as that.”
Etan Butler, founding chairman of Dalmore Group, calls the partnership crucial for companies raising capital:
“In our opinion, TigerMark offers the most comprehensive and flexible D&O coverage for our market; it delivers exactly what our clients and the industry needs. Our partnership with Assurely helps us, our clients, and the industry grow; it makes our already massive conviction around the future of capital raising even stronger.”