CPD Webinar - Mergers and Acquisitions – Key Insurance Issues

This session looks at some of the insurance issues faced during a client merger or acquisition and explores some of the insurance solutions available.

Contents List

• Types of M&A – management buyouts, private equity investment, acquisitions of new subsidiaries, refinancing

• Common insurance issues seen in a M&A

  - Past liabilities that may be acquired (e.g., TUPE, environmental)

  - Runoff issues (PI, products)

  - D&O issues (change of control clauses, run-off)

  - Asset cover between signing and completion (contracting purchasers’ clauses, BI)

• Checking a sale/purchase agreement (SPA)

• Transaction liability products (W&I, Tax Indemnity, Legal Opinion)

• Legal indemnities (e.g., restrictive covenants, lost documents)

Learning Objectives

By the end of the course, delegates will be able to:

• Be aware of the key insurance considerations during a client merger or acquisition.

• Understand how additional liabilities may be acquired.

• Know the additional insurance products available to deal with M&A risks.