What we offer
A range of solutions designed to reduce or extinguish the impact of liabilities arising from a merger or acquisition, including warranty breaches, adverse tax consequences and contingent liability claims. We can underwrite and place (including cross-border deals) in all 50 US states and more than 80 jurisdictions globally. Our offering includes:
- Coverage that can be provided to the seller to defend against breaches claimed by a purchaser, or to a purchaser to provide 1st party protection for innocent or fraudulent breaches by a seller
- Broad appetite across different target sectors, deal types, transaction structures and jurisdictions
- Coverage offered to private equity clients, selling entrepreneurs, private shareholders, venture capital funds, listed companies and other corporate clients.
Limits up to US $50,000,000
How can we help
We can underwrite transactions globally and provide customised coverage tailored to the details of the transaction and within transaction timeframes.
Who we can help
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.
Where Is This Offered?
The Beazley Difference
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
STRIVING FOR BETTER
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
DOING THE RIGHT THING
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.
Examples or Scenarios
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.
The descriptions contained in this communication are for preliminary informational purposes only. In the US, the product may be available on an admitted basis in some but not all jurisdictions through Beazley Insurance Company, Inc. In other US jurisdictions, the product is underwritten by Beazley syndicates at Lloyd’s and is available only on a surplus lines basis through licensed surplus lines brokers. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk. Except where products are issued by Beazley Insurance Company, Inc., coverages are underwritten by Beazley syndicates at Lloyd’s and will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described herein is subject to and governed by the terms and conditions of each policy issued. Some coverages are made available through Beazley USA Services, Inc., which is a service company this is a part of the Beazley Group and has authority to enter into contracts of insurance on behalf of the Lloyd’s underwriting members of Lloyd’s syndicates 623 and 2623 which are managed by Beazley Furlonge Limited. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).