Buyer’s Benefits

• Enhances bid in auction process
• Supplements / Replaces Seller’s indemnity
• Increase indemnification afforded by the purchase agreement
• Allow for smooth transition with target management team
• Mitigate post-close Seller solvency concerns

Seller’s Benefits

• Secures clean exit by reducing or replacing indemnification obligations to Buyer
• Expedited sale process
• Maximizes proceeds realized at deal close

Fully Customizable Transaction Solutions for Either Party in an M&A Transaction

CAPACITY – With over 20 carriers and managing general underwriters providing capacity in the US, solution exists
for deals of all sizes based on purchase price.

BUY & SELL SIDE PROGRAMS – While vast majority of policies are Buy-Side, either party can be insured and benefit from coverage.

COMPETITIVE TERMS & CONDITIONS

• LIMIT STRUCTURE – typically 10% of TEV in underlying transaction
• PREMIUM – typically ranges between 2.5% – 4% of limits purchased
• SELF-INSURED RETENTION – SIR is set as an aggregate amount for the policy term and is approximately 1% of TEV with reduction features at 12/18 months post deal closing
• POLICY TERM – 3 Years for General R&W and 6 Years for Fundamental R&W
• EXPEDITED UNDERWRITING PROCESS – Non-binding pricing indications can be procured within a matter of days, with complete underwriting process generally completed in under a week