Protection against financial losses that buyers or sellers might incur resulting from inaccuracies in representations or warranties made in share or asset sale and purchase agreements.
Our offer includes the coverage of risks arising from the breach of guarantees and tax exemptions, as well as the coverage of possible damages resulting from known but not quantifiable risks (so-called "contingent risk insurance").
All our senior underwriters are M&A lawyers or tax advisors from various jurisdictions who have at least ten years of experience in the field of M&A consulting or in the field of underwriting of M&A insurance. Our Transaction Liability team has particular expertise in cross-border M&A transactions. In addition, our Transaction Liability team specializes in covering US transactions and integrating typical US-style cover variants into German policies.
Up to $60,000,000 or €60,000,000
We can underwrite transactions globally and provide customised coverage tailored to the details of the transaction and within transaction timeframes
All companies engaged in M&A activity, including acquisitive corporations, private equity funds (buying or selling), corporate spinoffs, asset sales or purchases, and refinancing transactions. Target transactions size is $25 million to $1 billion, but larger and smaller deals can also be underwritten.
We also look for:
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
The insured sued a third party to not use their intellectual property (IP), but lost. The third party asserted a counterclaim against the target. Despite some questions raised as to whether the claim was 100% covered by the insurance, Beazley paid the claim and they settled with the third party.