After a period of subdued activity, the initial public offering (IPO) market seems poised for a rebound, as easing market headwinds and successful high-profile listings help restore confidence among companies seeking to go public.
But timing alone does not determine the success of an offering. Instead, companies preparing to go public should consider actions that help them strengthen governance, financial controls, and compliance capabilities well in advance, while also building insurance programmes that reflect their risk tolerance and the realities of operating as a public company.
In this episode of Risk in Context, William Fahey, Managing Director within Marsh Risk’s Financial and Professional Liability Practice and D&O Product Leader, speaks with Robyn Stevens, Managing Director and Leader of Marsh’s New York Financial Lines Client Advisory Team, and Paul Kardish, General Counsel at Madison Industries. They discuss the current IPO landscape, explore the risks that organisations should consider as they start the journey to go public, and actions that can help improve the odds of a successful listing. They also talk about the importance of building a strong insurance programme that provides adequate protection for the company and its senior leaders, including through recently introduced insurance enhancements.