REPRESENTATIONS & WARRANTIES
We have a multi-product platform that offers representations and warranties, tax liability, tax credit and contingent liability coverage. With $60 million capacity, our appetite includes a wide range of risks in the U.S. and Canada.
Coverage Highlights
•Up to $60,000,000 in capacity is available, secured by a consortium of syndicates at Lloyd’s of London which has an A+ rating from S&P, AA- from Fitch and A from A.M. Best
• Risk located in the U.S. or Canada
• Retentions typically between 1.0% and 2.0% of the transaction value
• Premium typically between 2.5% and 3.5% of the total limits purchased
• Coverage for a pre-closing tax indemnity
• Following materiality scrapes in the transaction agreement
• On buyer-side policies, survival periods extend beyond those in the M&A agreement
• Broad appetite across industry classes including healthcare and technology transactions
Additional Product Offerings:
• Tax Liability
• Tax Credit Insurance
• Special Situation/Contingent Risk Insurance
• Litigation Buyout Insurance