Palisade Partner Launches Specialty Managing General Underwriter Palisade Insurance Partners, a specialty managing general underwriter, has been launched with plans to provide a range of contingent legal risk insurance and other specialty insurance products across the U.S. and International markets. …
Broker CAC Specialty said the representations and warranties insurance (RWI) market has tightened significantly in Russia, Ukraine, and other impacted regions with some underwriters outright denying coverage. “For underwriters that historically offered terms on deals with exposure in these areas, …
CFC has enhanced its transaction liability services with the launch of a product designed to support North American buyers purchasing a UK or European target business. CFC said its transatlantic suite of transaction liability insurance products bridges the gap between …
After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal volume soared to record highs in the second half of the year. This was mirrored in growth of transactional risk …
Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff — have joined the firm to lead its mergers and acquisition (M&A) consulting offering. The company said these three professionals …
A Delaware judge rebuffed efforts by both Cigna Corp. and Anthem Inc. to collect billions over their failed merger, saying Cigna had breached its obligations but the merger was likely to have been blocked on antitrust grounds anyway. Cigna, which …
Use of transactional risk insurance significantly increased in 2018. Policy limits in excess of $1 billion are now available for single transactions as private equity firms and strategic investors increasingly use insurance to reduce the risks associated with mergers and …
R-T Specialty announced the hiring of industry veteran Jonathan Legge as a senior vice president of its RT ProExec division. Legge will assume leadership of RT ProExec’s Transactional Liability and Private Equity Practice. He will be responsible for expanding R-T …
Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by Lloyd’s markets, the London-based …
Liberty International Underwriters (LIU) and program administrator Huntersure LLC have partnered to offer transactional liability insurance. This program will offer coverages for representations and warranties, tax liability (including tax opinion and tax credit), and contingent liability. Underwritten by Huntersure and …
