Bespoke warranty solutions
W&I insurance provides a specialised form of coverage designed to protect parties involved in M&A transactions. It provides cover for financial losses arising from a breach of the warranties or indemnities given by the warrantors under a sale agreement.
W&I insurance enables smoother transactions by transferring risk away from the purchaser, thereby facilitating deals and enhancing the overall security and confidence of both parties involved in the M&A transaction.
Who we work with
Our market-leading coverage is designed to meet the needs of businesses involved in M&A transactions around the world.
We have expertise in arranging cover for a wide range of clients, including:
- Private equity funds
- Institutional investors
- Financial institutions
- Advisors
- Corporations
- Alternative investment managers
Whatever the risk, we’re ready to design specialist solutions.
What's covered?
Our policies mirror the representations and warranties in the purchase agreement, providing broad protection against unknown risks. Policies can be standalone or combined into a package.
Covered risks include:
- Good title and the seller’s capacity to sell
- Accuracy of the financial statements
- Compliance with relevant laws and regulations
- Absence of litigation or tax liabilities
- Validity of commercial contracts and intellectual property
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Renewable energy and infrastructure
Manufacturing
Real estate
Information technology
Consumer goods and retail
Industrials
Communication services
Healthcare
Financial services
Underwriting requirements
Our underwriting process has two stages.
Stage 1: Indicative terms
To allow us to prepare indicative terms, we’ll need the basic deal parameters, including the sector, jurisdiction, and transaction value. We’ll also ask for the:
- Draft SPA
- Information memorandum (if available)
Stage 2: Full underwriting
To start the full underwriting process, we’ll need the following:
- Virtual Data Room access
- Advisor due diligence reports
- Disclosure letter, if any
- Reponses to our underwriting questions
Meet our APAC W&I / R&W team
Jordan Schwarz
Head of M&A Underwriting
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See our full global Transaction Risk team
Visit our meet the team page to find the correct team member for your product and region, including their direct contact details for enquiries and support.
Underwriting locations
Global capability, local knowledge.
Wherever you are in the world, our local experts are ready to support you.
