Identified Risk Insurance
Comprehensive Identified Risk Insurance Solutions
Identified risk insurance, also known as contingent risk insurance, is a versatile category of insurance designed to cover a wide range of known potential liabilities, often associated with M&A transactions. These one-off policies can last for 7 years, 10 years, or even longer, depending on the specific liability to be insured.
This insurance addresses specific matters or scenarios identified during due diligence or disclosure and assessed from a legal perspective. Frequently, neither party in the transaction is willing to assume long-term liability. An Identified Risk policy can resolve this impasse, providing an efficient and cost-effective solution to potential exposures. It also helps sellers better position their businesses for sale.
As the M&A landscape evolves, insurers are expanding their underwriting capabilities, insuring more innovative and diverse situations. At AssuredPartners, we are eager to explore various scenarios and tailor solutions to meet your needs in the insurance market.
For more detailed information about Identified Risk insurance and how it can be customised for your specific requirements, please contact us.
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