Representations and Warranties insurance has gone from rarely used to commonplace in the last few years. Whether you are a buyer or seller of a company, or an intermediary trying to help a buyer or seller, you need to know how this product works and how it is used.
Reps and Warranties insurance has become more commonplace because it can solve problems such as: reducing the time and friction in negotiating the indemnification package; allowing a seller a cleaner exit; and enabling a buyer to avoid suing its newly acquired management team.
However, this insurance is quite complex. And putting a policy together takes expertise to ensure your coverage is going to respond how and when you need it to.
For the first time, Woodruff Sawyer is releasing its Guide to Representations and Warranties Insurance to help buyers, sellers, and intermediaries navigate this complex topic.
Inside this edition, you will find:
- Straightforward explanations of Reps and Warranties insurance and who is using it
- Advice on mitigating or removing exclusions
- How to think about choosing limits
- How to integrate this insurance into your deal timing
We hope you find this guide helpful and look forward to any thoughts or feedback you have.